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 cross-border M&A transactions, including buyouts, exits, joint ventures, partial sales, consortium arrangements and co-investments. Peter also spent six months seconded to the M&A team of a global pharmaceutical corporation.
"Peter Banks is commercial, experienced and pragmatic. He seeks solutions, not disputes and protects clients' interests." Legal 500 UK 2021
Peter is ranked as a "Highly Regarded" by IFLR1000and he is also listed as a Rising Star for Private Equity (Legal Week 2019, 40 under 40).
Noteworthy experience includes advising:
- 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 a minority interest in Element Materials Technology to Temasek.
- TDR Capital on the sale of the International Car Wash Group to Roark Capital.
- H.I.G. Capital on the acquisition of Vernacare from Palatine Private Equity.
- 3i Group on the sale of Element Materials Technology Group to Bridgepoint.
- NXMH on the acquisition of Bitstamp, the leading global cryptocurrency exchange.
- OMERS Private Equity and AIMCo on the acquisition of Environmental Resources Management from Charterhouse Capital Partners.
- Exponent on the acquisition of BBI Diagnostics from Alere.
- H.I.G. Capital on the sale of Kondor Limited, the specialist provider of category management solutions for audio and mobile accessory products to DCC.
Qualifications
Professional
Academic
Experience highlights
Advising Exponent on its acquisition of TRS Foods and East End Foods from their respective founders.
Advising PAI Partners and R+R Ice Cream on the joint venture with Nestlé to combine their worldwide ice cream businesses.
Advising Bridgepoint on the sale of a minority interest in Element Materials Technology to Temasek.
Advising TDR Capital on the sale of the International Car Wash Group to Roark Capital.
Qualifications
Professional
Academic
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
News & insights
News: 21 APRIL 2021
Allen & Overy announces 39 counsel promotions
Allen & Overy has promoted 39 lawyers to counsel. The new counsel, of whom 16 are women, are spread across 15 offices around the network. The promotions will be effective as of 1 May 2021.
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News: 16 APRIL 2021
A&O performs well in Q1 2021 M&A league tables
A&O has marked the end of Q1 2021 with a good performance in the M&A league tables; the result of advising on a number of complex, high-value transactions in a wide range of sectors and markets,…
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News: 14 APRIL 2021
A cross-practice team from Allen & Overy, working on a pro bono basis, is advising on the merger of four Welsh mental health and substance misuse charities and the creation of a new charity, Adferiad…
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Publications: 22 APRIL 2020
Private equity’s upstream journey
Private equity interest in the E&P industry soared in the wake of the 2014 oil price crash. However, renewed appetite for upstream assets was not only predicted on exploiting commodity cycles.
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