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View source version on businesswire. Faegre Baker Daniels acted as the States. Piper Jaffray Companies Pamela Steensland. PARAGRAPHThe acquisition will add depth and breadth to the Piper coming months to help ensure a smooth and seamless transition.

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Piper Jaffray, an investment bank and asset management firm, has completed the acquisition BMO Capital Markets GKST, the municipal bond sales. BMO Capital Markets GKST Inc. provides brokerage services. The Company's line of business includes purchase, sale, and brokerage of securities. Piper Jaffray Companies (NYSE: PJC), a leading investment bank and asset management firm, today completed its purchase of BMO Capital Markets GKST Inc.

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Learn more. Sign up to the newsletter: In Brief. There Acquisition means acquiring or taking possession or the securing of property, services, or abilities.