Summary Profile
Peter Hesseling is a Director and Joint Regional Practice Head of the Corporate and Commercial practice and is a member of the firm's Executive Committee. Peter has extensive experience in insolvency law, company law, corporate restructuring, transaction structuring, mergers and acquisitions, corporate finance, black economic empowerment, the investment industry (including the design and implementation of fund structures for various asset classes), various types of financing, and selected areas of tax law.
Career
Peter began his career in 1993 as a Candidate Attorney at Herbsteins (now Cliffe Dekker Hofmeyr) and became a Director in 1997. Before completing his articles, Peter trained in the South African Navy (where he served as a Legal Officer) and resided and worked in the Netherlands.
Education/Qualifications
Bcom, LLB, Hdip (Tax), University of Stellenbosch
Dip (Insolvency Law), PGDip (Tax), University of Cape Town
Year of admission: 1995
Experience
| • | Acted for Rand Merchant Bank in its merger with First National Bank Ltd to form FirstRand Bank Ltd |
| • | Advised in the creation, structuring and subsequent JSE listing of Brimstone Investment Corporation Ltd |
| • | Advised in the creation, structuring and subsequent JSE listing of Cape Empowerment Trust Ltd |
| • | Acted for the Rembrandt group in the restructuring of the Rembrandt group to form Remgro Ltd and Venfin Ltd |
| • | Advised a consortium, including management, on a management buy-out transaction in respect of JSE listed African Harvest Ltd |
| • | Advised a private equity consortium including Rand Merchant Bank, Old Mutual, Brimstone Investment Corporation Ltd and Mvelaphanda Group Ltd in the leveraged buy-out of JSE listed Afrox Healthcare Ltd (now Life Healthcare) |
| • | Advised Brimstone Investment Corporation Ltd in relation to its black economic empowerment transactions with Old Mutual Group plc and Nedbank Ltd |
| • | Advised Medi-Clinic Corporation Ltd in relation to its broad-based black economic empowerment transactions |
| • | Advised Spearhead Property Group Ltd in relation to its takeover by Redefine Income Fund Ltd |
| • | Advised Old Mutual Private Equity on a number of investments, including the funding of a black economic empowerment transaction in respect of Brait |
| • | Advised Medi-Clinic Corporation Ltd in relation to its international expansion, specifically its acquisitions in the United Arab Emirates and in Switzerland |
| • | Advised on the structuring of, implementation of and/or participation by investors in a number of private equity and hedge funds |
| • | Advised African Infrastructure Fund Managers on aspects of the long-term financing of Neotel |
| • | Advised various entities within the Old Mutual Group of companies on a number of recent acquisitions |
Accolades/Achievements
| • | The Legal 500 Europe, Middle East & Africa Series, 2008 highly rates Peter 'outstanding' "who peers consider to be 'at the top of his game.'" |
