February 5, 2013

Willkie client Cowen Group, Inc., a diversified financial services firm, agrees to acquire Dahlman Rose & Co. LLC, a privately-held investment bank.

On February 1, it was announced that Willkie client Cowen Group, Inc., a diversified financial services firm, has agreed to acquire, in an all-stock transaction, Dahlman Rose & Co. LLC, a privately held investment bank specializing in the energy, metals and mining, transportation, chemicals and agriculture sectors. Cowen Group, together with its consolidated subsidiaries, provides alternative investment, investment banking, research, and sales and trading services through its two business segments: Ramius (alternative investments) and Cowen and Company (broker-dealer). Founded in 1918, the firm is headquartered in New York and has offices located in major financial centers around the world. Dahlman Rose & Co., LLC, a research-driven investment bank provides institutional sales and trading, equity research, mergers and acquisitions advisory, and underwriting services.

Last year Willkie advised Cowen Group in its acquisition of Algorithmic Trading Management, LLC and in 2011 assisted the company in its acquisition of LaBranche & Co Inc. The current transaction was handled by partners David Boston, Richard Reinhold and Jordan Messinger, of counsel Martin Miller and associates Jacob Kleinman, Matthew Movafaghi and Veronica Ng.

Jordan Messinger
Jordan A. Messinger Partner Executive Compensation & Employee Benefits