About Peter
I am a lawyer that understands numbers and accounts—I like accounts, and accounting principles—and that gets me to the core of a deal. I have many years of experience helping clients build their business, raise finance, buy business, and sell them.
Peter’s client base is primarily within the tech sector; however he has significant experience in joint ventures and LLPs as well as in some general transactional corporate work.
Typically, his tech sector clients are serial entrepreneurs, who acquire, develop, raise finance, issue EMI shares, and enter into shareholders agreements as well as sell and reinvest. Often they have a secondary management team, who often go on and become serial entrepreneurs. Peter brings over 20 years of specialised experience to deals undertaken in the tech sector.
The vast majority of clients that Peter works for have engaged in repeat business with some relationships spanning ten, 20 and even 20 plus years. Peter excels in client relationships, as clients recognise that he is unequivocally on their side and will do the upmost to achieve his clients’ desired outcomes.
An additional area of expertise is restructuring and insolvency. During the early 1990s, Peter dedicated several years to this field, and in 2010, his invaluable experience in handling financial challenges proved beneficial as many of his clients faced difficulties.
Peter knows where I want to be at the end of the deal and makes sure that happens.
Experience
Peter has run at least of 50 deals within the tech sector. A significant 70% of his clients have maintained a working relationship with him for over a decade. While the majority of Peter's work involves transactions, typically falling within the £5m-£25m range, he has also handled many deals in the £30m-£60m bracket, with some exceeding this.
Peter joined Russell-Cooke in 2023 having been a partner at Moore Barlow since 1998. After its merger in 2020, Peter led the business division (corporate, employment and commercial) for the latter three years of his tenure. Prior to this, Peter was a partner at Pitmans.
I have known Peter a long time and trust in his knowledge and professionalism.
Notable work
- Sale to PE (with reinvestment by management team) circa £15m
- Purchase of minority shareholder in a tech business by raising PE finance circa £3m
- Several sales of 40% (with an option to acquire 60%). One was an IT business – this has now fully exited for £20m
- Several shareholder disputes in relation to IT businesses, including a buy out of a 50% shareholder in an IT business, and another 30% buyout.
- Acquisition for a buy and build IT group circa £8m
- Sale to trade (with partial reinvestment) circa £10m
- Various EMI option schemes, shareholders agreements and other similar work
- Several £100m+ transactions
He has great commercial awareness and helped greatly when discussing the deal structure.
Memberships
Peter is a longstanding committee member of the Russell-Cooke Silicon Cup Regatta, an IT networking event on UK waters that raises funds for charities. This event marries his expertise in the tech sector with his passion for sailing. Russell-Cooke has been the principal sponsor of the Regatta since 2023.
Peter's highlights
11.12.2024
Week before Budget saw law firm complete more than £55m worth of deals—Insider Media South East
18.10.2024
No further action from the FCA after Russell-Cooke represents former director in insider dealing case
26.09.2024
Wind in its sails: Russell-Cooke celebrates the success of the 2024 Silicon Cup Regatta