Leipzig – The current partners of the Cowen Europe Group are taking over the Continental European investment banking business of TD Cowen, a division of TD Securities. With 12 partners and 50 employees, the spin-off will continue to operate the business as an independent company under the name Pava Partners. The acquisition involves Pava Partners taking over all current client mandates of the Cowen Europe Group. Certain existing global mandates will continue to be executed jointly with TD Cowen.
An international team headed by lead partner Dr Jörg Lips (CMS Germany) and Dr Stephan Werlen (CMS Switzerland) advised the current partners of the Cowen Europe Group on all legal aspects of the spin-off transaction.
Pava Partners is a leading corporate finance consultancy for technology-driven and dynamically growing medium-sized companies, with offices in Munich, Berlin, Frankfurt am Main, Leipzig and Zurich. The sectors it focuses on include Healthcare & MedTech, TMT, Sustainability Tech, Industrials & Robotics, Consumer & Internet, and Business Services. The Pava Partners team has been working together successfully for over 20 years. During this period, it has completed more than 400 transactions with a total value of around EUR 8 billion. The firm’s track record includes deals with enterprise values ranging from EUR 30 to 300 million.
CMS Germany
Dr Jörg Lips, Lead Partner
Stefanie Pech, Senior Associate, both Corporate/M&A
Dr Markus Kaulartz, Partner
Dr Fiona Savary, Senior Associate
Dr Alexander Schmid, Senior Associate
Katharina Hirzle, Associate, all TMC
Dr Martin Friedberg, Partner
Jesko Nobiling, Partner
Dr Hendrik Arendt, Senior Associate, all Tax
Dr Nina Hartmann, Partner, Labor, Employment & Pensions
CMS Switzerland
Dr Stephan Werlen, Partner
Dr Ferdinand Blezinger, Senior Associate, both Corporate/M&A
Dr Dirk Spacek, Partner, TMC
Mark Cagienard, Partner, Tax
Press Contact
presse@cms-hs.com
