Piper Sandler, an investment bank, has completed the acquisition of Aviditi Advisors, an alternative investment bank. Aviditi Advisors will operate as Piper Sandler’s private capital advisory group.
Callodine Group, an asset management firm focused on yield-oriented investment strategies, entered into a definitive agreement to acquire a majority stake in Thorofare Capital, a real estate investment firm managing more than $1 billion in assets under management.
Callodine Group agreed to acquire Gordon Brothers Finance Company. As a result, Gordon Brothers Finance Company changed its name to Callodine Commercial Finance. The acquisition is being funded in part by financing from KKR, East Asset Management and Axar Capital Management.