Piper Sandler to acquire Abu Dhabi-based MENA Growth Partners bank

Piper Sandler (PIPR) has entered into a definitive agreement to acquire MENA Growth Partners, a merchant bank based in Abu Dhabi that will serve as its strategic investment banking hub in the GCC region. Eric Wilson, Founder of MENA Growth Partners, and his team will act as consultants to Piper Sandler. Nabeel Siddiqui, currently a managing director in the Piper Sandler London office, will relocate to the Abu Dhabi office post-closing to lead Piper Sandler’s investment banking in the region in addition to maintaining responsibilities over his existing European business. The transaction is expected to close in 1Q26 and is subject to customary closing conditions.