Carve-outs
A carve-out project often begins with the strategic question of how a company can best position itself for long-term success. In times of transformation, volatility and change, this is no easy task. The focus is often on the core business: making it weatherproof, developing it further, growing it, internationalising it and the like.
But what happens to peripheral areas? Does this work simultaneously in several segments, are sufficient financial resources, (management) capacities, etc. available? Or is the crucial question where limited resources are allocated in the best possible way to create value?
The questions are manifold. The answer for dealing with peripheral areas or non-core businesses is regularly: a carve-out - easy to say, but extremely complex to implement.
We therefore offer comprehensive advice and expertise in the preparation and implementation of carve-out transactions (M&A). With our interdisciplinary consulting approach, we advise on the entire carve-out life cycle - end-to-end. In detail, we support medium-sized companies and corporate groups with
Strategic portfolio analysis to identify and evaluate business areas and activities,
the preparation of a carve-out, e.g. through the conception and creation of the carve-out design, through to performance and financial planning (carve-out factbooks),
Support and management of the M&A process, on both the buyer and seller side,
to the successful implementation and realisation of carve-outs.
We cover performance, operational, financial, legal and tax issues, regardless of whether the realisation takes place in a transaction context (e.g. spin-off), in advance (e.g. pre-packaged structures) or in the course of an M&A deal.
On the buyer side, we not only provide support in the initiation and realisation of transactions, but also go one step further. What goes out on one side, we re-integrate on the other. Our teams also provide support with post-merger integration, so we offer a 360° perspective from a single source.