TLDR:
- Grasshopper appoints Gabrielle Piasio as Senior Vice President of Sponsor Banking
- Piasio to focus on providing financing for sponsor-backed lower-middle market M&A transactions
Grasshopper, a digital bank, has appointed Gabrielle Piasio as Senior Vice President of Sponsor Banking. Piasio brings 19 years of diverse commercial banking experience working with private equity firms, independent sponsors, and family offices. She will be focusing on providing financing for sponsor-backed lower-middle market merger and acquisition (M&A) transactions. Grasshopper is committed to expanding its presence in the private equity market and delivering a digital-first experience. Barbara Fleming, Head of Fund and Sponsor Banking at Grasshopper, expressed excitement about Piasio joining the team, highlighting her extensive industry experience and network. Grasshopper’s support extends to venture capital and independent sponsors, offering tailored banking solutions to various industries. With total assets of approximately $733 million, Grasshopper aims to provide a client-first digital banking experience with industry-leading results.