Barrett, Peter J.

Peter J. Barrett


Partner

 

Overview

Peter Barrett is Chair of the Firm's Technology, Media & Telecommunications Practice Group and is a Chambers USA recognized attorney.

Pete focuses his practice on the business services, technology, communications and media industries, primarily representing strategic operators and private equity funds in the broadcast television, cable television, cloud/data center, facilities-based network services, publishing, radio and wire-line and wireless telephone fields.

In addition to his 20+ years of M&A and private equity experience, Pete regularly handles a variety of issues ancillary to such industries, such as:

  • Build-out agreements
  • Collocation agreements
  • Content development agreements
  • Data center leases
  • IRUs
  • Lit and dark fiber agreements
  • Product placement and celebrity endorsement agreements
  • Publication and distribution agreements
  • Management/local marketing agreements
  • Roaming agreements
  • Spectrum lease agreements
  • Tower lease agreements

Representative Experience

Pete's representative experience includes:

Telecom, Networks and Spectrum:

  • Acted for the rollover members of Yankee Metro Partners, LLC, in the $2 billion three-way merger involving Sidera Networks, Berkshire Partners and Lightower Fiber Networks
  • Represented seller of Yankee Cable Parent, LLC, for approximately $1.6 billion
  • Represented Cable One, Inc., in the sale of 115 telecommunications towers and other related property interests to CTI Towers, Inc., in exchange for equity interests therein
  • Part of team representing shareholders in the approximate $590 million sale of Hibernia Networks, operator of transatlantic cable systems and other terrestrial and undersea fiber assets, to GTT Communications Inc.
  • Represented Sidera Networks in its acquisition of Long Island Fiber Exchange, Inc.
  • Represented founders in the formation of a fund for participation in the FCC’s first-of-its-kind Incentive Auction
  • Advised One Source Networks in its acquisition by GTT Communications, Inc. (NYSE: GTT), a leading global cloud networking provider, for $175 million
  • Counsel to Spectrum Equity in its sale of Choice Cable TV, a Puerto Rico cable television operator, to Liberty Cablevision for approximately $272.5 million
  • Counsel to RCN Telecom Services in a $105 million tack-on 144A bond offering
  • Counsel to Cable One, Inc., in its sale of AWS A Block spectrum
  • Represented Time Warner Cable in its $600 million acquisition of DukeNet Communications, an operator of an 8,700 mile optical fiber network
  • Negotiated the growth equity investment in One Source Networks on behalf of ABRY Senior Equity IV, L.P., and its affiliated funds
  • Represented ABRY Partners in its $1.2 billion take private of RCN Corporation
  • Represented the then third-largest GSM provider in the United States in the negotiation of (i) a master Roaming Agreement, (ii) a Spectrum Purchase Agreement, (iii) a Master Settlement and Exchange Agreement and (iv) a Spectrum License Agreement
  • Represented Cellular One Properties, LLC, in its acquisition of the CELLULARONE franchise
Technology:
  • Represented ABRY Partners in its growth equity investment in RIMES Technologies Corporation, a managed financial data services provider, to asset managers, owners and custodians worldwide
  • Counsel to Searchlight Capital Partners and Harbortouch Payments, a national point of sale and merchant services provider, in a dividend recap of Harbortouch
  • Represented PTC, Inc. (NASDAQ: PTC), in its acquisition of the Vuforia augmented reality businessfrom Qualcomm Connected Experiences, Inc., a subsidiary of Qualcomm Incorporated (NASDAQ: QCOM)
  • Represented ABRY Partners in the sale of PSI Services LLC, a professional testing services provider, to Waud Capital Partners
  • Represented Vendome Group, LLC, in its acquisition of the Institute for Health Technology Transformation, the leading organization for health IT education and research
  • Counsel to ExecSense, Inc., an international e-learning platform provider for C-level business professionals, in its acquisition by the UK-based Financial Times, a division of Pearson
  • Counsel to PDR Network LLC in the sale of its chronic disease treatment option web portal division
Digital Media, Events and Publishing:
  • Represented BSO Ireland in the acquisition of IX Reach, a global provider of network solutions
  • Represented Vendome Medquest, LLC, in the sale of its Healthcare Informatics business line to Endeavor Events, LLC
  • Represented ABRY Senior Equity in the recapitalization of FastMed Holdings I, LLC
  • Counsel to Searchlight Capital Partners in its growth equity investment in PatientPoint, an operator of digital point-of-care networks for patient education
  • Represented Convene, the nation’s fastest-growing developer of meeting and event venues, in its acquisition of assets from The Hub
  • Represented Vendome Medquest, LLC, in its sale of the Healthcare Design Conference and Expo, Healthcare Design Magazine, the Environments for Aging and the Construction SuperConference to Emerald Expositions, LLC
  • Represented an international publisher of special interest magazines and books in nine bolt on acquisitions and dispositions

Consumer/Retail:

  • Represent client in negotiation of multi-year celebrity endorsement deal for client’s product on an internationally syndicated reality television series
  • Counsel to Searchlight Capital and 160 Over 90 LLC, a brand management agency, in its dividend recap
  • Counsel to Our Daily Eats, LLC, a premiere all-natural foods producer and retailer
  • Counsel to Brynwood Partners in its acquisition and subsequent sale of the Kretschmer Wheat Germ brand and related assets
  • Represented a French manufacturer of a ready-to-eat therapeutic food product in the negotiation of a joint venture with a U.S.-based nonprofit

Professional History

  • Associate, boutique telecommunications law firm, Washington D.C.
  • Clerk, Department of Justice's Civil Rights Division
  • Volunteer Hospice Counselor

Professional Affiliations and Recognitions

  • Member, European Venture Capital Association
  • Member, District of Columbia Bar Association
  • Member, Rhode Island Bar Association
  • Named, Chambers USA, Corporate/Commercial (2018-2020)