Seamless diligence and operational support throughout the divestiture process.

Seamless diligence and operational support throughout the divestiture process.

Separation & Carve-Outs

Stout’s integrated divestiture offerings provide seamless carve-out support throughout the M&A process. Our highly experienced professionals operate as an extension of your team and provide technical knowledge and insights at each stage of the transaction. 

Integrated Sell-Side Due Diligence

Our sell-side due diligence services are highly scalable and can be tailored to specific transaction characteristics in the areas of investment banking; valuation; financial, tax, and technology due diligence; technical accounting; operational separation; finance integration; or financial planning and analysis. This comprehensive, integrated approach helps clients exert greater control during the process, mitigate unforeseen risks, and optimize deal value.

Integrated Due Diligence Can Optimize Transaction Value

Planning/Strategy Execution/Separation Closing/Transition

Planning / Strategy

    • Exit strategy assessment
    • In-depth business review
    • Prospective buyer identification
    • Operational separation assessment
    • Initial valuation assessment
    • Buyer and financial reporting requirements assessment
    • Project management office support

Execution / Separation

    • Financial due diligence
    • Tax due diligence
    • IT due diligence
    • Data management and analytics
    • Financial modeling
    • Audit support and preparation
    • IPO readiness
    • Separation strategy definition and separation planning
    • Transition service agreement (TSA) definition
    • Stand-alone costs

Closing / Transition

    • Negotiation support
    • Tax structuring and valuation
    • Fairness and solvency opinions
    • Finance, IT, and other operational / functional separation support
    • Legal entity stand-up
    • Technical accounting support
    • Stranded cost mitigation
    • Post-close / purchase price disputes

Operational Separation

When planning for the sale of a carve-out, Stout can provide comprehensive support in operationally preparing a business for a sale or spin. By working cross functionally with your organization, we can help understand and mitigate operational complexities of a divestiture. We can support sellers in a variety of ways, including:

  • Separation assessment
  • Separation planning and execution
  • Separation operating model design
  • Stand-alone cost analysis
  • Transition service agreement support
  • Stranded cost identification and mitigation