COWEN ranks number 1 in the Mergermarket M&A Sell-Side Advisory league table for completed deals with German targets in 3rd quarter

  • COWEN takes the top spot in the renowned Mergermarket M&A Sell-Side Advisory ranking among all investment banks active in the German market in the past quarter
  • With six successfully completed transactions in Q3 2022 with companies in Germany, the investment advisory firm again demonstrates its strong focus on growth and technology companies in the middle-market segment
  • Business was also very successful in the Debt Advisory segment with nine deals in the first nine months

The past quarter was extremely successful for the investment banking advisory firm Cowen in Germany. With a total of six successful transactions, COWEN achieved the top position for M&A Sell-Side completed deals with German targets in the past quarter, among competitors in the regular evaluation of Mergermarket, the leading provider of M&A data. In addition to these six transactions, COWEN also advised on a further transaction in the third quarter which was not included in the ranking.

Transactions with pioneers and leading providers

One of the transactions was the sale of calimoto (Germany) to Russmedia Equity Partners (Liechtenstein). With four million users in 154 countries, calimoto is the leading global biker app with a unique curve algorithm and a must-have for all motorcycle enthusiasts.

COWEN also advised in the sale of Pinion (Germany) to BRP (Canada). Pinion is a specialist in innovative bicycle gears that replace a classic and high-maintenance gear shift, which is becoming increasingly important for e-bikes in particular. The company says of itself that it offers “bicycle gears with the heart of a sports car.” Pinion fits perfectly into the portfolio of the Canadian BRP Group, a global leader in jet skis and skidoos, which also owns Rotax, a leading manufacturer of drive systems for boats and powersports vehicles.

In the Health Care business, the sale of  Locum Doctors (Germany) to House of HR (Belgium) was successful. Locum Doctors is a leading agency in Germany for the placement of doctors. In turn, the purchaser, House of HR, is a leading provider of staffing solutions in the key European markets.

COWEN also achieved a successful deal in the TMT/software sector: Cyren sold its secure email gateway business to Content Services Group (Germany), a portfolio company of Elvaston Capital Management. The buyer thus strengthens its cyber security business and improves its growth prospects.

In the Industrials sector, COWEN advised Triton Partners on the acquisition of Kälte Eckert Group. This transaction was not included in the ranking due to buy-side advice. Kälte Eckert is a leading provider of customized, environmentally friendly cooling and air conditioning systems for businesses and homes, as well as a nationwide technology leader in alternative ecological refrigerants. Through the purchase, Triton Partners supports the further positive development of the technology leader.

Further transactions can be found here.

COWEN is also very successful operating in Debt Advisory in the German-speaking market. In this service, the advisors were able to close nine transactions in the first nine months of the year.