Peter J.Love

Of Counsel

Washington + 1.202.879.3816

With more than 20 years of experience in antitrust and competition law, Peter Love's practice primarily focuses on mergers, acquisitions, and joint ventures. His transactional work has encompassed counseling clients at every stage of a deal, from premerger planning through regulatory filings; U.S. Department of Justice, Federal Trade Commission, and state agency investigations; Congressional inquiries; and litigation; as well as post-closing investigations. Peter also has provided antitrust counsel to a variety of companies on nonmerger competition issues, such as tying, exclusive dealing, loyalty discounts, and other unilateral conduct issues.

Peter has extensive experience in a broad range of industries, including energy, chemicals, broadcasting, semiconductors, and telecommunications. He recently served as antitrust counsel to J.M. Huber in the sale of its Silica business to Evonik Industries, Sierra Wireless in its acquisition of Numerex Corporation, Linear Technology in its $14.8 billion sale to Analog Devices, and Randstad Holding in its acquisition of Monster Worldwide.

Peter's publications include articles on DOJ and FTC promises to aggressively protect competition in the defense industry and on the consent decree DOJ reached with ABI and Modelo. He is active in the American Bar Association (ABA) Section of Antitrust Law and has served on the Merger Process Reform and Merger Guidelines Revisions task forces of the ABA's Antitrust Section.

Experience

  • TopBuild acquires Distribution International in all-cash transaction valued at $1.0 billionJones Day represented TopBuild in its acquisition of Distribution International from global private equity firm Advent International in an all-cash transaction valued at $1.0 billion.
  • Koch and Cerberus acquire PQ Performance Chemicals business of PQ Group Holdings for $1.1 billionJones Day advised Koch Minerals & Trading, LLC, together with Cerberus Capital Management, L.P., in its $1.1 billion acquisition of the PQ Performance Chemicals business of PQ Group Holdings Inc.
  • Koch leads investment in Upgrade at $3.4 billion valuationJones Day represented Koch Disruptive Technologies in connection with its investment in the Series E round of Upgrade, Inc. at a $3.4 billion pre-money valuation.
  • J.F. Lehman & Company sells BEI PrecisionJones Day advised J.F. Lehman & Company in the sale of BEI Precision Systems & Space Company, Inc. to Quantic Corporate Holdings, Inc., a portfolio company of Arcline Investment Management.
  • Infor sells Enterprise Asset Management business in $2.8 billion carveout saleJones Day is advising Infor, a wholly owned subsidiary of Koch Industries, Inc., in the sale of its Enterprise Asset Management business to Hexagon AB for $2.8 billion, consisting of (i) $800 million in cash and (ii) approximately $2 billion of Hexagon’s common stock (HEXA-B.ST).
  • Koch Equity Development acquires Transaction Network ServicesJones Day advised Koch Equity Development LLC, the acquisition and investment subsidiary of Koch Industries, Inc., in the acquisition of Transaction Network Services, Inc. (TNS) from affiliates of Siris Capital Group, LLC and TNS' other minority equity holders.
  • Xact Data Discovery sells company to Aquiline Capital PartnersJones Day represented Xact Data Discovery, a leading international provider of eDiscovery, data management, and managed review services for major law firms and corporations and portfolio company of JLL Partners, in connection with its acquisition by Aquiline Capital Partners LLC, a New York-based private equity firm.
  • Koch Strategic Platforms to make $500 million strategic minority equity investment in MavenirJones Day is advising Koch Strategic Platforms, a subsidiary of Koch Investments Group, in its strategic $500 million minority equity investment in Mavenir, the only U.S. based provider of end-to-end, cloud-native software to meet the growing demand for 5G digital transformation by communication service providers and enterprises.
  • Koch Strategic Platforms invests in Astranis Space Technologies valuing company at $1.4 billionJones Day represented Koch Strategic Platforms in connection with its participation in the $250 million Series C financing round of Astranis Space Technologies, a builder of small, low-cost telecommunications satellites to connect the four billion people who currently do not have access to the internet.
  • TopBuild acquires American Building SystemsJones Day advised TopBuild Corp., a leading installer and distributor of insulation and building material products in the United States, in its acquisition of American Building Systems Group of Companies ("ABS").
  • J.F. Lehman & Company acquires Trillium Engineering, LLCJones Day advised J.F. Lehman & Company, a leading middle-market private equity firm focused exclusively on the aerospace, defense, maritime, government and environmental sectors, on its acquisition of a substantial investment in Trillium Engineering, LLC, a leading designer and manufacturer of highly engineered camera gimbals for unmanned aerial systems ("UAS") performing mission-critical intelligence, surveillance and reconnaissance missions, from its founders.
  • PureCycle Technologies combines with Roth CH Acquisition I Co.Jones Day advised PureCycle Technologies LLC ("PureCycle") in its business combination with Roth CH Acquisition I Co. ("Roth SPAC"), a publicly-traded special purpose acquisition corporation backed by Roth Capital Partners and Craig-Hallum Capital Group, and Roth CH Acquisition I Co. Parent Corp., a wholly owned subsidiary of Roth CH ("Holdings"), among others.
  • FirstEnergy subsidiary sold interest in New Jersey hydroelectric facility to Yards Creek Energy LLCJones Day advised Jersey Central Power & Light Company, a regulated utility and subsidiary of FirstEnergy Corp., a diversified energy holding company, on the sale of its 50% undivided interest in the Yards Creek Pumped Storage Hydroelectric Facility (the "Yards Creek Facility") to Yards Creek Energy LLC ("LS Power"), a subsidiary of LS Power Development, LLC.
  • TransDigm Group acquires Cobham Aero Connectivity for $965 millionJones Day advised TransDigm Group Incorporated as regulatory counsel in the $965 million acquisition of Cobham Aero Connectivity, a leading provider of highly engineered antennas and radios for the aerospace end market.
  • J.F. Lehman & Company acquires CTS EnginesJones Day advised J.F. Lehman & Company, a leading middle-market private equity firm focused exclusively on the aerospace, defense, maritime, government and environmental sectors, in the acquisition of CTS Engines, LLC and CTS Testing, LLC.
  • J.F. Lehman & Company acquires ENTACTJones Day advised long-standing client J.F. Lehman & Company, a leading middle-market private equity firm focused exclusively on the aerospace, defense, maritime, government, and environmental sectors, in the acquisition by an investment affiliate and financing of ENTACT, LLC, a national provider of environmental remediation and geotechnical services.
  • Helios Technologies acquires Balboa Water Group for $218.5 millionJones Day advised Helios Technologies in the $218.5 million acquisition of BWG Holdings I Corp. (operating as Balboa Water Group) from investment funds affiliated with AEA Investors LP.
  • True Capital Ltd participates in $450 million Series C financing round of ZwiftJones Day advised True Capital Ltd, in connection with its participation in the $450 million Series C financing of Zwift, Inc., an online fitness platform for cyclists and runners.
  • Junshi and Lilly to develop and commercialize antibodies for prevention and treatment of COVID-19 coronavirusJones Day represented Shanghai Junshi Biosciences Co., Ltd. in its strategic collaboration and license agreement with Eli Lilly and Company for the development, manufacturing, and commercialization of two antibodies for the prevention and treatment of the COVID-19 SARS-CoV-2 novel coronavirus.
  • Koch Industries acquired remaining equity stake in InforJones Day advised Koch Equity Development LLC, a subsidiary of Koch Industries, Inc., on the purchase of the remaining equity stake held by Golden Gate Capital in Infor, a global leader in business cloud software specialized by industry.