Piper Sandler Companies (NYSE:PIPR), a leading investment bank, announced today that it has entered into a definitive agreement to acquire G Squared Capital Partners, a premier boutique investment bank specializing in government services and defense technology based in the Washington, D.C. area.

G Squared was founded in 2020 by Greg Nossaman and Greg Woodford, seasoned veterans each with over 20 years of experience in government services and defense technology. Previously, Nossaman was a senior managing director at The McLean Group and one of the founding employees at The Windsor Group. Woodford was a senior management director at The McLean Group and a managing director at BB&T Capital Markets.

The addition of G Squared enhances the Piper Sandler technology investment banking team with dedicated coverage of the government services and defense technology market. Ten professionals will join the firm as part of the transaction, including three managing directors.

The transaction is expected to close in the third quarter of 2025 and is subject to customary closing conditions.