Piper Sandler Companies has announced a definitive agreement to acquire G Squared Capital Partners, a boutique investment bank specializing in government services and defense technology.
Founded in 2020 by industry veterans Greg Nossaman and Greg Woodford, G Squared is based in the Washington, D.C. area. The acquisition will add ten professionals, including three managing directors, to the Piper Sandler technology investment banking team.
This move is designed to enhance Piper Sandler’s coverage of the government services and defense technology markets. The transaction is expected to close in the third quarter of 2025.
The deal is expected to close in the third quarter of 2025 and is subject to customary closing conditions.
Advisors: Piper Sandler was advised by Faegre Drinker Biddle & Reath and G Squared Capital Partners was advised by Holland & Knight in connection with the deal.
KEY QUOTES:
“G Squared has built a highly respected advisory practice serving companies at the intersection of technology, national security and mission-critical government priorities. We are excited to bring together their deep government sector experience with our cybersecurity and broader technology expertise to deliver differentiated advice to clients in the rapidly growing government and defense technology market. This acquisition furthers the growth of our technology investment banking platform.”
Brian White, co-head of technology investment banking at Piper Sandler
“What drew us to Piper Sandler was the alignment—they share our entrepreneurial spirit, our respect for deep sector expertise and our commitment to doing the work the right way.”
Greg Nossaman, co-founder of G Squared Capital Partners
“We’re excited about the reach and resources this gives us to better serve our clients. Through expanded product capabilities with debt capital markets, equity capital markets, private capital advisory and restructuring, and deeper relationships across the market, our combination offers new ways to help our clients grow and win.”
Greg Woodford, co-founder of G Squared Capital Partners
