Piper Sandler Cos. completed its previously announced acquisition of research firm Cornerstone Macro LLC.

Cornerstone Macro will continue providing its research as Piper Sandler's macro research team, led by Nancy Lazar, Andy Laperriere, Roberto Perli and Michael Kantrowitz.

Faegre Drinker Biddle & Reath LLP advised Piper Sandler, while Katten Muchin Rosenman LLP and Berkshire Global Advisors served as advisers to Cornerstone Macro in relation to the deal.