Pava Partners takes off
Wednesday 1 November, 2023
● Independent financial advisor for technology-driven SMEs
● 12 partners acquire TD Cowen's Continental European
investment banking business
● 50 employees at 5 locations in Germany and Switzerland
The current partners of Cowen Europe Group are taking over the
Continental European investment banking business of TD Cowen, a division
of TD Securities. The spin-off has 12 partners and 50 employees and will
continue the business as an independent company under the name Pava
Partners.
Pava Partners advises entrepreneurs, investors, and companies and
technology-driven and dynamically growing SMEs. Areas of sector
expertise are Healthcare & MedTech, TMT, Sustainability Tech,
Industrials & Robotics, Consumer & Internet, and Business Services.
Historically, the Pava Partners team has executed transactions with
enterprise values between 30 and 300 million euros.
Larry Wieseneck, Co-Head of Global Investment Banking at TD Securities
and Vice Chair of TD Cowen, says: “As of today, TD Cowen’s Continental
European investment banking business begins operating as a separate and
independent legal entity, Pava Partners. We could not be more excited
for our former colleagues. I want to thank everyone at Pava Partners for
their commitment, expertise, and teamwork during the years that we
worked together. TD Cowen and Pava will continue to work together to
execute certain historical global mandates. Where appropriate, we also
look forward to collaborating on new client opportunities with Pava
Partners in the years ahead.”
"We see our autonomous and independent positioning in the corporate
finance advisory market with a focus on small and mid-cap M&A
transactions and Debt Advisory", states Andreas Kinsky, Partner and CEO.
"Of course, we will continue to build on our strong and international
network. Clients appreciate our passion for value creation that
characterizes our advisory services."
Lars Veit, Partner, continues: "We always advise our clients with two
partners and thus bring our many years of international experience,
process reliability, and excellent performance to every transaction. Our
team is passionate and tenacious in getting even complex and challenging
deals done."
Through this acquisition, Pava Partners takes over all current client
mandates of Cowen Europe Group. Therefore, these client relationships
will remain in place. Certain existing global mandates will continue to
be jointly executed with TD Cowen.
The Pava Partners team has been working together successfully for over
20 years. The team has closed over 400 transactions with a total value
of around 8 billion Euros in this time.
About Pava Partners
Pava Partners is one of the leading corporate finance consultancies for
technology-driven and dynamically growing medium-sized companies. Pava
is headquartered in Munich with offices in Berlin, Frankfurt am Main,
Leipzig, and Zurich. 12 partners and 50 employees, a spin-off of TD
Cowen, advise entrepreneurs, investors and companies on M&A transactions
and financing. Focus sectors with strong expertise are Healthcare &
MedTech, TMT, Sustainability Tech, Industrials & Robotics, Consumer &
Internet, and Business Services. The Pava Partners team has been working
together for over 20 years and has since completed over 400 transactions
with a total value of around 8 billion Euros.
More information at www.pava.eu
Media ContactDr. Solveig Köbernick
Head of Marketing
solveig.koebernick@pava.eu
+49 341 98379 104
www.pava.eu
Distributed by https://pressat.co.uk/