1.
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Carve-outs:
The new darling of M&A?

2.
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Are you ready to realize
the strategic value of a carve-out?

3.
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Too often, companies consider carve-outs
only when they feel a part of the business
has become too weak or troubled to keep.
The result:
They miss opportunities to create
significant value, actively destroy value, or both.

4.
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More companies need to recognize that carve-outs
are a key strategy to enhance competitiveness by
building a portfolio that’s more sharply focused on
the most promising markets and customers.

5.
Our research shows that 83% of companies consider
carve-outs to be an important strategic tool to drive
competitiveness in the next three to five years.
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6.
But while one in two companies have some best practices they
apply in carve-out projects, they lack the requisite skills,
standard methodologies and tools required to effectively
execute them, leading to massive delays and budget overruns.
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64%

7.
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While there’s no master formula for
successfully planning and executing
a carve-out, six key actions can
improve your chances for success:
Define the boundaries of what’s
being carved out and its future
relationship with ParentCo.
1

8.
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While there’s no master formula for
successfully planning and executing
a carve-out, six key actions can
improve your chances for success:
Articulate a clear direction and guiding
principles for the project — including time and
budget — and what’s expected on Day 1.
2

9.
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While there’s no master formula for
successfully planning and executing
a carve-out, six key actions can
improve your chances for success:
Ensure NewCo has the foundational
functions, processes and infrastructure so it
can operate efficiently after the carve-out.
3

10.
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While there’s no master formula for
successfully planning and executing
a carve-out, six key actions can
improve your chances for success:
Foster strong NewCo—ParentCo
collaboration and communication to
minimize conflicts in objectives.
4

11.
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While there’s no master formula for
successfully planning and executing
a carve-out, six key actions can
improve your chances for success:
Cooperation between deal team and
carve-out team to avoid costly mistakes
and time consuming rework.
5

12.
Copyright © 2016 Accenture All rights reserved. Accenture, its logo, and High Performance Delivered are trademarks of Accenture.
While there’s no master formula for
successfully planning and executing
a carve-out, six key actions can
improve your chances for success:
Support the project’s execution with
strong carve-out skills, methodologies,
tools and governance.
6

13.
LEARN MORE
about how successful carve-outs
can create value with our full
report:
Carve-outs:
The new darling of M&A?
Copyright © 2016 Accenture All rights reserved. Accenture, its logo, and High Performance Delivered are trademarks of Accenture.