Benzinga | Sep 15, 2020 07:36AM EDT

Cowen To Acquire Investment Banking Business Of MHT Partners; Terms Not Disclosed

NEW YORK, Sept. 15, 2020 (GLOBE NEWSWIRE) -- Cowen Inc. (NASDAQ:COWN) ("Cowen" or the "Company") today announced that it has signed a definitive agreement to acquire substantially all of the assets of MHT Partners, LP ("MHT Partners"), an investment bank focused on representing innovative companies in growing markets. Based primarily in Dallas and San Francisco, MHT Partners' investment banking team is expected to join Cowen under the agreement. Terms of the acquisition, which is not material to Cowen from a financial perspective, were not disclosed.