On the Record · Cowen

Cowen acquisitions, on the record

The businesses Cowen bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

Business	Deal	When	Value
MHT Partners, LP Word for word“On October 1, 2020 (the "Acquisition Date"), the Company, through its indirect wholly owned subsidiary, Cowen and Company LLC (“C&C”), completed its previously announced acquisition (the "Acquisition") of certain assets and liabilities of MHT Partners, LP (“MHT Partners”).” 10-K for 2020	acquisition	October 1, 2020	—
Quarton Word for word“The increase in amortization expenses primarily related to intangibles acquired through the Quarton acquisition in January 2019.” 10-K for 2020	acquisition	January 2019	—
Convergex Group, LLC Word for word“(3) Represents shares of common stock distributed to the Company from an escrow account established to satisfy the Company's indemnification claims arising under the terms of the purchase agreement entered into in connection with the Company's acquisition of Convergex Group, LLC.” 10-K for 2020	acquisition	—	—
Portico Capital Advisors and certain assets and liabilities of its European operations ("Portico") Word for word“On December 16, 2021, the Company, through its indirect wholly owned subsidiary, Cowen PC Acquisition LLC, completed its previously announced acquisition of Portico Capital Advisors and certain assets and liabilities of its European operations ("Portico").” 10-K for 2021	acquisition	On December 16, 2021	—
Axeria Insurance Limited Word for word“On February 26, 2021, the Company, through its indirect wholly owned subsidiary, Cowen Malta Holdings Ltd., completed the acquisition of all of the outstanding equity interests of Axeria Insurance Limited, an insurance company organized under the laws of Malta whose principal business activity is to provide insurance coverage to third parties.” 10-K for 2021	acquisition	On February 26, 2021	—
Kelvin Re Limited Word for word“On June 1, 2022, the Company completed its acquisition of Kelvin Re Limited (“Kelvin”) by acquiring all of the issued and outstanding ordinary shares in Kelvin from CS IRIS A Fund Limited.” 10-K for 2022	acquisition	On June 1, 2022	—
Portico Capital Advisors Word for word“On December 16, 2021, the Company, through its indirect wholly owned subsidiary, Cowen PC Acquisition LLC, completed its previously announced acquisition of Portico Capital Advisors and certain assets and liabilities of its European operations (“Portico”).” 10-K for 2022	acquisition	On December 16, 2021	—

As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year ended	Cash paid for acquisitions (net of cash acquired)	Goodwill from acquisitions
2016-12-31	$6.3 million	$3.5 million
2017-12-31	$55 million	$0
2018-12-31	$0	$0
2019-12-31	$48.6 million	$81.2 million
2020-12-31	$5.6 million	$9.4 million
2021-12-31	$63.2 million	$86.9 million
2022-12-31	−$187.6 million	$0

Deal filings since 2016

2023-03-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2023-03-01 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2022-08-02 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2021-12-21 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2021-03-30 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2019-12-04 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2019-04-29 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2019-01-08 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2018-11-21 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2018-06-11 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-12-14 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-12-08 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-08-03 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-06-05 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2017-04-06 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-03-30 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement

Read from Cowen’s annual reports (10-K for 2022, 10-K for 2021, 10-K for 2020) and the financial data it files with the SEC, as of 2023-02-28. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.