Global menu

Our global pages

Close
 
Michael Peters, Senior Associate

Michael Peters

Senior Associate

Languages

English

Practice areas

  • Commercial agreements
  • Commercial and IT
  • Media
  • Mergers and acquisitions
  • Private equity
  • Technology
  • Telecoms

Practice notes

Michael is a senior associate in the commercial team at the Johannesburg office. He specialises in commercial and corporate law, private equity, mergers and acquisitions and media, telecommunications and IT. Michael was admitted as an attorney of the High Court of South Africa in 2016 and has more than 4 years PQE in commercial law. Michael was nominated and recognised in the Acritas Stars Survey in 2019 as a stand-out lawyer by clients that were independently surveyed and now features in the Acritas Stars database.

During the course of Michael’s experience, he has been involved in advising, drafting and negotiating of various commercial agreements including sale of business agreements, sale of shares agreements, subscription agreements, memoranda of incorporation and shareholders’ agreements, as well as agreements associated with the ICT industry, such as services and service level agreements, supply agreements, software licencing agreements and End User Licence Agreements.

Specific transactions Michael has worked on include the following:

  • advised a leading property investment company in the disposal of 75% of its undivided interest in a prime real estate property situate in Johannesburg for R375,000,000, effectively creating a joint venture between itself and the acquiring companies;
  • provided corporate advice and drafting of a circular, as well as other relevant documentation, in respect of the acquisition by Ecsponent Ltd of the entire issued share capital of Vinguard Ltd by way of a scheme of arrangement;
  • advised a private equity firm on the successful acquisition of 38.9% of the issued share capital of PSV Holdings Ltd and the implementation of a mandatory offer to the remaining shareholders of PSV for the entire issued share capital in PSV;
  • involved in advising Taste Holdings Ltd in respect of the negotiation and finalisation of the licence agreement entered into with Starbucks EMEA Ltd, securing exclusive development rights in South Africa;
  • advised a wholly owned subsidiary of Adapt IT Ltd, on the successful acquisition of the entire issued share capital of Easy Roster (Pty) Ltd and Easy Roster Software (Pty) Ltd for approximately R100,000,000;
  • provided corporate advice and drafted the relevant documentation for Adapt IT Holdings in respect of its successful multinational acquisition of the CDR Live group, encompassing the LGR businesses located in South Africa, USA, Mauritius and Australia, for approximately R70,000,000;
  • advised a leading property investment company in the dilution of a shareholder, by way of a rights issue, and removal of the director appointed by the shareholder from its board of directors; and
  • provided corporate advice, and drafted the relevant documentation, to foreign companies in respect of management buyouts of their wholly owned subsidiary incorporated in South Africa.