Carve-out (international group)
A large telecommunications group sells a non-core division to a private equity fund. The disposed perimeter is a pivotal player in the field of digital payments safeguards and processing.
Secure the change in ownership, made delicate for this mid-size entity by the fact its people and systems are intertwined in the Seller’s historical organization and spread out internationally.
Alba & Co rapidly deployed its methodology to pinpoint areas that could not function on a stand-alone basis and put a transition plan in motion in close cooperation with Management, articulated for the Group’s 12 subsidiaries over a 12 month period. This plan required the implication of several service providers, selected and coordinated by Alba & Co over the transition period, in accordance with the fund’s, Management’s and Seller’s guidelines.
Expertise and tools brought to the table by Alba & Co in terms of carve-out and project management allowed to successfully roll-out an extremely complex roadmap while limiting consulting costs to a reasonable level. After the carve-out completed successfully, Alba & Co provided post-acquisition assistance in partnership with a software firm on the transition of IT systems, impacted by the rapid digitalization of the business segment.