Case Study

Carve-out prepares aviation-handling provider for takeoff

Jun 15, 2023

Key takeaways

RSM's teams helped transform the client's operations to enable business integration ahead of schedule.

A one-month sprint assessment uncovered risks and opportunities across finance, IT and HR, and accelerated Day One planning.

The partnership helped expedite the TSA exit, saving the client over $10 million in costs.

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Mergers & acquisition Private equity

Transformative integration lays the foundation for sustainable growth

Highly complex carve-out transactions call for prowess in managing critical integration points and risk factors while laying the foundation for sustainable growth.

Such was the case when a $50 billion airline carved out its ground handling services subsidiary to create a $500 million joint venture with a private investor whose portfolio included complementary companies in the aviation space. Their goal: Combine strengths and service offerings to create a premier aviation-handling provider that can deliver an elevated experience to airline customers in the United States and abroad.

The value of modernization was felt immediately. We heard from across the business about efficiencies being gained because of the new finance systems.
Joe Ring, RSM Principal

In the end, the combined efforts to stand up the finance, IT and HR functions of the business involved a massive collaboration among more than 20 workstreams and upward of 100 team members operating in the United States and Canada.

Find out how RSM transitioned the new business in less than half the time, saving the client over $10 million in TSA costs.

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