At every stage of a carve-out, we stand with our clients - working to accelerate, enhance, and protect value.

 

Our experience across operational, financial and workforce performance makes all the difference.

Speed to results has never been more critical. AlixPartners supports both buyers and sellers of carve-outs to develop a clear end-state separation strategy, vision, and roadmap. We roll up our sleeves to execute plans targeted at minimizing risk to the day-to-day business and improving operating performance.

Our big picture lens allows for separation options that consider strategic, commercial, and operational implications. How do we do it?

  • We focus on speed to achieve a smooth and timely transition, creating results and investor value in a shorter timeline.
  • We improve operational metrics and increase productivity, driving stronger financial performance.
  • We build the separation program and track functional operations, resolving complex areas and ensuring Day 1 readiness.
  • We apply a zero-based budgeting approach to separation requirements, limiting stranded costs.
  • We create and secure TSA terms, services, metrics, and exit plans, preventing lingering TSA costs and cost increases.

Our global team of M&A experts has walked in your shoes and knows the pressures connected with the success of the deal. We partner closely with executives and investors to anticipate challenges, mitigate the organization’s risk, and determine the ideal way to “run” the business. Our professionals stick with you at every step of your transaction journey, defending value, focusing on speed, resolving entanglements, and limiting stranded costs.

Our success in improving productivity and operational metrics to drive financial performance in carve-outs includes engagements where we have helped achieve:

$1.3B (65%) uplift in deal value

  • Separation and sale of a $3 billion business from a multinational parent

$500M bottom line savings, 1 full year ahead of plan

  • Carve-out of a multi-billion dollar business unit, while in parallel right-sized the global G&A functions

300% uplift in deal value from indicative bids to final deal value

  • Lead M&A advisory role to maximize shareholder value, including strategic options analysis

Insights

Case Studies