Peter Banks
Partner
London
Peter Banks
Partner
London
Contact details
Peter is a private equity partner based in London and is part of our global private equity group.
Peter has significant experience advising private equity funds and other financial sponsors on a range of transactions, including buyouts, mergers, exits, joint ventures, minority sales, consortium arrangements, co-investments and preferred equity and hybrid investments.
'Peter Banks is commercial, experienced and pragmatic. He seeks solutions, not disputes and protects clients' interests.' Legal 500 UK 2021
Peter is ranked as 'Highly Regarded' by IFLR 1000.
Qualifications
Professional
Academic
Related articles
Publications: 05 October 2023
The evolving status of restrictive covenants in private equity transactions
The UK government’s proposal to limit the length of non-competes in employment contracts creates legal and practical considerations for financial sponsors.
Publications: 05 October 2023
Publications: 05 October 2023
Funds use range of techniques to fill funding gaps and navigate M&A valuation mismatches
News: 24 August 2023
Qualifications
Professional
Academic
Fraudulent emails
Please note there is a known fraud/scam currently using the Allen & Overy brand and Peter Banks's name.More information on fraud using the Allen & Overy brand can be found here.
Published work
- Peter Banks, John Geraghy and Oliver Bacon, (2020) “Will investment in the world’s ageing oil and gas basins ultimately pay off? Private equity's upstream journey: Allen & Overy"
Experience
Advising:
- Bridgepoint on the sale of Element Materials Technology to Temasek for USD7bn.
- USS on the sale of a significant equity interest in Dukes Education to KKR.
- Exponent on its acquisition of TRS Foods and East End Foods from their Respective Founders.
- PAI Partners and R+R Ice Cream on the joint venture with Nestlé to combine their worldwide ice cream businesses.
- Bridgepoint on the sale of Element Materials Technology to Temasek for USD7bn.
- USS on the sale of a significant equity interest in Dukes Education to KKR.
- Waterland on its investment in Moore Kingston Smith.
- Apollo on its joint venture with Hines to acquire Aedes SIIQ
- Apollo on its investment into CPI Property Group.
- Exponent on the sale of Meadow Foods to Fairfax Financial Holdings.
- Exponent on its acquisition and merger of TRS, East End, Cofresh, Everest and Fudco.
- H.I.G. Capital on the acquisition of Vernacare from Palatine Private Equity.
- PAI Partners on the merger of its portfolio company, R&R Ice Cream, with Nestlé’s ice cream business to create a new joint venture called Froneri.
- TDR Capital on the sale of International Car Wash Group, the world's leading car wash operator, to Roark Capital.
