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New Deal


Announced

Cowen to acquire Portico Capital Advisors.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Pending

Friendly

Private

investment bank

Acquisition

Majority

Domestic

Single Bidder

United States

Investment Banking

Synopsis

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Cowen, an investment banking firm, agreed to acquire Portico Capital Advisors, an investment bank that provides investment and advisory services exclusively to information and business services and software companies. Financial terms were not disclosed. “It’s a tremendous opportunity for our clients and team to join forces with Cowen, a firm that always strives to be ahead of the curve, like Portico. With access to Cowen’s broad relationships and extensive capital markets capabilities, we can deliver comprehensive solutions across significantly more situations, driving broader value for our corporate and sponsor clients," Searcy Dryden, Portico Managing Partner.

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