Carve-out & divestment

In certain circumstances, divesting all or part of a business unit becomes the optimal strategy for a company. This approach not only ensures that every asset aligns with your strategic goals but also enhances shareholder value.

On the buyer's side, it can offer a distinctive opportunity to pinpoint underperforming assets that can synergize with an existing business or to acquire smaller divestments and convert them into thriving standalone enterprises.

However, such projects are complex and require expert guidance. Our global team of specialists is well-equipped to execute your carve-out or divestment project, facilitating your company's long-term objectives.

Our approach to carve-out & divestment services

At Forvis Mazars, our team’s primary focus is on value optimisation. This team comprises specialist professionals dedicated to guiding you through the intricate and resource-intensive challenges that may arise in the context of a carve-out or divestment operation.

Our expert practitioners can assist in your plans to either sell or acquire a business unit within a larger organisation, whether the business unit is a separate legal entity or requires separation from a larger entity.

We meticulously analyse and restructure financial information to make it pertinent to the specific transaction.

Our carve-out & divestment team provides support in the following areas:

• Identifying the assets and liabilities to include in the transaction scope.
• Defining the carve-out methodology, encompassing central cost allocation, accounting principles and the normalisation adjustments needed for the business unit as a standalone entity.
• Preparing pro forma financial information and supporting documentation, collaborating closely with your financial and operational teams.
• Evaluating standalone profitability, by analysing the carve-out's impact on your future organisation, with a focus on the evolution of cost structure and revenue generation.
• Identifying and approaching potential buyers for the standalone entity.
• Defining the financial clauses of legal documentation, working alongside your legal advisors, including support for the financial clauses of the Shareholders' Agreement, Transitional Service Agreements, liability guarantee clauses and other documentation relating to the carve-out.

Drawing on our wealth of experience in advising on carve-outs and divestments, we offer tailored support at every stage of the process, ensuring the successful implementation of a well-structured strategy and a seamless transition.

Contact us

Get in touch today to discover how our carve-out and divestment services can help you successfully navigate this complex challenge.