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Pillsbury Hires Ex-Skadden Financial Institutions Co-Leader (1)

Nov. 9, 2020, 7:26 PMUpdated: Nov. 9, 2020, 8:56 PM

Pillsbury Winthrop Shaw Pittman has hired David Ingles, the former co-leader of Skadden Arps Slate Meagher & Flom’s financial institutions group, in New York.

Ingles, who made partner at Skadden in 2007, joins Pillsbury as a partner in its M&A and private equity group.

He has worked with financial services companies and private equity firms in public and private M&A and has advised on a wide array of transactions in the banking, consumer finance and financial technologies industries.

He was a part of the Skadden team that advised BNP Paribas in the sale of its oil and gas reserve-based lending business in the U.S. and Canada to Wells Fargo & Co. for $9.5 billion in 2012 and Bear Stearns’ $1.2 billion merger with J.P Morgan. Over the years, he has represented Deutsche Bank, the Blackstone Group, WL Ross & Co. and Citigroup on various transactions.

More recently, he was a part of the Skadden team that advised Vantiv on its $10.6 billion merger with alternative payment platform Worldpay Inc. in 2017, and Worldpay’s subsequent sale to Fidelity National Information Services Inc. (FIS) for $35 billion in 2019, the then-biggest deal ever in the international payments sector.

Ingles left Skadden in May for personal reasons. Though he didn’t have a definite timeline for returning to practice, he eventually was introduced to Pillsbury.

“The more I spoke with with the firm, the more attractive the opportunity looked,” Ingles said. He noted the firm’s growing group in New York.

He said Pillsbury has several large banking clients which dovetail with his practice and that the firm’s technology practice will be helpful as he grows his own fintech work. Pillsbury has also expanded its private equity offering in New York, Ingles said, noting its addition of a three-member leveraged finance team from White & Case earlier this year.

Ingles’ arrival is a part of a strategic focus to expand the firm’s M&A and private equity practice, said Stephen Amdur, the leader of Pillbury’s New York M&A practice, in a statement.

“David is a leading M&A practitioner of the highest caliber and we are thrilled to welcome him to our growing team in New York,” Amdur said.

(Updated with comments from Ingles in paragraphs six through eight )

To contact the reporter on this story: Meghan Tribe in New York at mtribe@bloomberglaw.com

To contact the editors responsible for this story: John Hughes at jhughes@bloombergindustry.com; Tom P. Taylor at ttaylor@bloomberglaw.com