Separation and carve-outs
A separation of a division of a company (Carve-out) in order to refocus on their core business or to get rid of nonprofitable service or product lines can be a very complex task. A successful separation requires robust preparations of operational, financial and other aspects related to the separation in parallel with ensuring the daily business will remain strong.
How we can help
We have local Swedish separation and carve-out expertise well connected and working closely with Deloitte’s global network of separation practitioners. Our teams have wide industry experience and leverages our functional expertise to drive performance and results in every key M&A-related function: project management, commercial activity optimization, operations and supply chain, IT systems, human capital management, and finance activities
To ensure successful separations we deploy a structured approach to meet Day 1 requirements, positioning for stability after the separation, and to secure the strategic viability of the stand-alone company. In most divestitures, we continue to serve an organization following the closing date to ensure a full transition of operations and technology assets to the buyer or the stand-alone company. During this period, sellers may provide agreed-upon services under Transition Services Agreements (TSAs) and remove inefficiencies (e.g., stranded costs) from their operations, which we may help structure. We can provide a tailored plan based on our experiences that can save time and mitigate risk at each step of the separation.
Examples of our work
Global carve-out execution support for a world-leading provider of sustainable productivity solutions
Deloitte supported the client throughout the entire process, from planning to listing in the carve-out and spin-off of a business unit. The carve-out covered the operations in +70 countries worldwide. Deloitte leveraged a structured approach and our expertise in all of the phases of the execution. After listing, Deloitte provided functional expertise for the tracking and termination of the transitional service agreements.
Separation support for the carve-out of a business unit from a Nordic media group
Deloitte leveraged our industry expertise to guide the separation of the broadcasting business. From the program management office Deloitte provided guiding principles, checklists and an operating manual as well as functional support to the different workstreams driving the execution.