The complexity of separating intertwined business operations demands careful pre-transaction readiness and post-close separation strategies. Without skilled planning and execution, minor disruptions can turn into major risks. 

To maximize the benefits of the transaction, organizations require a carefully constructed strategy, rigorous due diligence, and precise execution to get to the closing more quickly. They must also know the financial and operating information that buyers want to see, and how it should be presented. Few organizations have the experience, training, and technology to pull it all together.

Carve-outs

At RSM, we know, through experience, that a disciplined approach translates into value. Our cross-functional team has developed a coordinated, comprehensive methodology to support you in achieving your goals.

• Clearly articulate the strategic goals behind the carve-out. A strong exit story is critical. 
• Perform a thorough exit readiness assessment that aligns outcomes with goals; surprises are not welcome.
• Prepare relevant financial statements; easy to say, hard to do correctly. 
• Engineer precise transition service agreements (TSAs) to seamlessly govern the transition of shared services between the parent company and the carved-out entities, with meticulous focus on operational efficiency.
• Develop a robust governance and decision-making structure.
• Be ready on Day 1—and before—with not only operational plans, but also solid and well-scoped change management and communication plans.