Cowen Inc.
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Cowen Inc. - overview
Established
1918
Location
New York, NY, US
Primary Industry
Financial Services
About
Cowen Inc. , based in the US, is a diversified financial services firm focused on investment banking, research, and capital markets, offering tailored solutions for a wide range of institutional clients. Founded in 1918 and headquartered in New York, US, Cowen Inc. specializes in investment banking and capital markets.
The firm was formed through a merger of various financial entities, though specific founders' details are not provided. As of August 2022, Cowen Inc. received a significant investment of USD 1. 3 billion from TD Bank Financial Group, reflecting its strategic positioning within the financial sector.
The firm has engaged in 1 deal since its inception, with the most recent deal occurring on August 1, 2022. Cowen Inc. provides a comprehensive suite of financial services, focusing on investment banking, capital markets, and wholesale banking. Its core offerings include corporate advisory, capital raising, and trading services across various asset classes, designed to cater to the diverse needs of clients in sectors such as healthcare, technology, and energy.
The firm serves a broad clientele, including corporations, institutional investors, and public entities in North America, Europe, and Asia. In 2022, Cowen Inc. reported a revenue of USD 1,278. 60 mn and an EBITDA of USD 107.
15 mn, generated through various transaction structures such as advisory fees and commission-based trading services. The firm’s revenue streams are supported by a range of financial solutions, including M&A advisory and structured finance. Following the recent investment of USD 1. 3 billion from TD Bank Financial Group in August 2022, Cowen Inc.
plans to utilize these funds to enhance its capabilities and expand its presence in the US market. The firm is strategizing to launch new products aimed at meeting evolving client needs, although specific product details and launch dates are not disclosed. Additionally, Cowen Inc. is targeting further penetration into new geographic regions, particularly within the US, as part of its growth strategy.
Current Investors
TD Bank Financial Group
Primary Industry
Financial Services
Sub Industries
Investment Banking
Website
www.cowen.com
Verticals
FinTech, FinTech
Total Amount Raised
Subscriber access only
Cowen Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| LP Direct | Completed | Cowen Inc. | - | ||||||||
| Trade Sale | Completed | ecoATM, LLC. | - | ||||||||
| Trade Sale | Completed | CV Legacy Holdings, LLC | - | ||||||||
| Growth | Completed | Linkem S.p.A. | - | ||||||||
| Trade Sale | Completed | CRT Capital Group LLC | - |
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