Current practice
Peter has specialised in mergers and acquisitions, private equity and private capital raisings for 10 years, including two years in London working in the Corporate group at Ashurst.
Experience
Peter has experience across a range of industries, including financial services, property and general industrials.
Transactions of note include:
- Warburg Pincus – cornerstone investment in Transpacific Industries and Transpacific’s associated $800m accelerated entitlement offer, partially underwritten by Warburg Pincus, resulting in Warburg Pincus holding 30.7 per cent of Transpacific
- Commonwealth Bank – $2.1 billion acquisition of BankWest
- Perpetual – acquisitions of the Argosy wealth management business, the Wignalls lending business, the National Lending Solutions business and the SmartSuper business
- Challenger – acquisition of MetLife Insurance’s $2 billion annuity, pension and superannuation liabilities and acquisition of AXA’s $1 billion annuity liabilities by schemes of arrangement
- IMO – Australian alliance and network roll-out
- Betfair UK – Australian joint venture with Publishing & Broadcasting Limited
- Shopsmart, AOL Europe SA and ASDA Stores Limited joint venture
- MFS – the $1.1 billion recapitalisation of the Stella Group, and the disposal of 65 per cent of the Stella Group to CVC
- IPC Magazines – e-commerce joint venture between IPC Magazines and ACP Publishing Pty Limited
- Ortho Group – role up of orthopaedic medical practices in New South Wales, Victoria, Western Australia and South Australia
- James Fielding – $330 million acquisition of stapled securities in Stadium Property Trust and Stadium Operations Limited
- Cordiant UK – disposal by Cordiant Communications Group plc of 70 per cent of its stake in the George Patterson Bates advertising group
- Hoyts – disposal of the Hoyts Group by Consolidated Press Holdings to Publishing & Broadcasting Limited, and West Australian Newspaper Holdings Limited
- Tempo Services – public to private buy-out by Deutsche and ISS
- Just Jeans Group – public to private buy-out of the Just Jeans Group by Catalyst and subsequent acquisitions by Just Jeans of the Portmans Group and the Mooks and Stussy Australian businesses, the refinancing of the Just Jeans Group and the $430 million IPO of the Just Jeans Group, and
- the buy-outs of Aperio, Billy Hyde, Next Media, New Price Retail, Godfreys, Safety-Kleen Europe, Transonic, Taverner Hotels and William Hill plc.
Peter has assisted a number of private equity houses with the development of their standard investment documents and has given a number of presentations to the financial services industry.
Recently, Peter was recognised as a ‘Leading Lawyer’ in Australasian Legal Business Magazine’s Private Equity practice area guide and ranked as one of Australia’s 20 ‘Leading Experts’ in private equity law on ExpertGuides.com.
Professional background
Peter has bachelor degrees in Economics and Law (Honours) and a postgraduate diploma in Applied Finance and Investment.
Peter is admitted to practice in New South Wales and Victoria and England and Wales.