Piper Sandler Companies (NYSE: PIPR) shares advanced early Monday, as the leading investment bank announced the addition of Anson Tsai as a managing director to its technology investment banking team. He will be based in the Burlingame office.

"We are excited to welcome Anson to Piper Sandler. Anson's sector experience and deep client relationships will have an immediate impact on our fast-growing team. We look forward to seeing his contributions to the firm and our clients," said Steven Schmidt, co-head of technology investment banking at Piper Sandler.

Prior to joining the firm, Tsai spent ten years with Bank of America Securities on their technology investment banking team. He focused on front-office software coverage, sourcing and executing M&A, IPO, equity and debt financing transactions for both public and private software companies.

Before investment banking, he spent nearly eight years in front-office related roles, including sales and marketing management consulting, e-commerce marketing and business development, and event management and marketing.

Tsai received a bachelor's degree in electrical engineering and computer sciences from the University of California at Berkeley and earned his Master of Business Administration degree from Cornell University.

PIPR shares took on $2.42 to $304.20.

COMTEX_467322740/2559/2025-07-14T09:57:43