Marex Acquires Cowen's Prime Brokerage and Outsourced Trading Business

TD Bank Group Acquires Cowen Inc.

August 2, 2022

Financial Services

TD Bank Group agreed to acquire Cowen Inc. in an all-cash transaction valued at US$1.3 billion (US$39 per share). The deal brings Cowen’s ~1,700 employees and investment-banking, equities, research and trading capabilities into TD Securities (to be partly rebranded as TD Cowen) to accelerate TD’s U.S. investment banking growth and expand its product capabilities.

Macquarie Capital Principal Finance Acquires BioCow

November 18, 2019

Renewable Energy

Macquarie Capital Principal Finance has completed a majority acquisition of BioCow, a UK biogas producer that uses anaerobic digestion to produce biomethane from agricultural waste. The investment will fund expansion of BioCow's operations in Cambridgeshire and support a pilot to inject biomethane into the UK national transmission grid.

MarineMax Acquires Midcoast Construction Enterprises (Midcoast Marine Group)

December 5, 2022

Construction

MarineMax, Inc. acquired Midcoast Construction Enterprises, LLC (Midcoast Marine Group), a Central Florida–based full-service marine construction company, adding marina development capabilities, specialized equipment, and waterfront real estate in Tarpon Springs, Florida. Midcoast founder and CEO Jack Fulford will continue to run the business as part of MarineMax's expanding marina and services platform.

Oil Brokerage Acquires Blue Commodities

October 9, 2024

Energy

Oil Brokerage, a subsidiary of OTC Global Holdings, has acquired rival broker Blue Commodities to strengthen its physical oil broking capabilities. The deal folds Blue Commodities into Oil Brokerage and OTC Global Holdings, with Blue Commodities CEO Jon Pike becoming COO, Physical, and the target's leadership and desk heads remaining in place to preserve client relationships across Northwest Europe, the Mediterranean and West Africa.

Mercer (Marsh McLennan) Acquires SECOR Asset Management

May 2, 2025

Wealth Management

Mercer, a business of Marsh McLennan, completed the acquisition of SECOR Asset Management to expand its investment capabilities for large institutional clients. The deal brings SECOR’s team of more than 40 professionals and its bespoke portfolio and fiduciary solutions into Mercer’s global investment platform; terms were not disclosed.

CMA CGM Acquires Fenix Marine Services from EQT Infrastructure for $2.3B

November 3, 2021

Logistics & Distribution

CMA CGM has agreed to acquire Fenix Marine Services from the EQT Infrastructure III fund for an enterprise value of USD 2.3 billion. Fenix operates one of the largest container terminals at the Port of Los Angeles (handling ~2.3 million TEUs annually and ~145 employees); the deal is expected to close subject to regulatory approvals.