A carve-out management office is set up during a corporate divestiture or spin-off transaction to manage the transition of business operations from the parent company to the newly formed entity. The carve-out management office takes a crucial part in the M&A process. No matter how well you have strategized and planned the carve-out, the hardest part is the execution. It’s the responsibility of the carve-out management office to manage a rigorous and clean execution.
In our previous articles we talked about planning aspects of a carve-out project. In this article however, we want to emphasize on how to build a strong carve-out management office that executes your strategy with confidence and rigor. There are several factors that are important to set up a carve-out management office, ranging from governance to team and tool topics.