Carve Outs
Case Study
Creating separation strategies for both the buyer and the seller. First identifying which people, processes, and technology are to move to the new company. Then developing a detailed plan to execute the transaction.
Situation
An East Coast PE fund brought the Ducats Group to the table to conduct an IT due diligence on a prospective mid-market carve out headquarted on the West Coast.
Impact
The Ducats Group met with the sponsor to understand the investment thesis, then conducted its feasibility analysis during diligence against the thesis.
By creating cadenced meetings and recurring schedules, to generate the TSA, and Key Findings Analysis, the transaction was executed.
Post transaction, the carve out challenges included an uncooperative seller, lack of information, limited process, and outdated systems.
The company would have to stand up the entire corporate platform, including executive suite hires.
Resolution
The sponsor asked TDG to own the TSA plan it created during diligence, which we did by delivering:
- Orchestrating workstreams and key third-parties statements of work and contract agreements.
- Orchestrating workstreams and key third-parties statements of work and contract agreements.
- Executing the successful separation of 60 branch locations in the U.S. and Canada.
- Standing up the corporate entity.Evaluating, selecting, and operationalizing a Managed Service Provider for IT.
- Implementing the IT systems on time and on a budget.
Areas of Scope
Technology
Operations
Due Diligence Service Tiers
Silver:
Compatibility Assessment and Cost Modeling
Bronze:
Inventory and Documentation
Gold:
Strategic Initiative Development
and Post Close Planning
Contact us
Suite 800
Arlington, VA 22203
