Technology
INDUSTRY
2,800
EMPLOYEES
$295M
ANNUAL REVENUE
TSA Separation of Carve-Out Purchase
VIP SOLUTIONS CASE STUDY
BACKGROUND
Our private equity client purchased a distressed business unit carved out from a large, multi-national public company.
Go-forward business was planned to function on TSA for 180 days following separation. After a challenging first 90 days, our client engaged us to lead and accelerate the TSA separation.
OBJECTIVES
Pop up finance function to build pro-forma scenarios for TSA exit cycle personnel needs
Rationalize workforce needs by function
Develop retention, severance, and termination plans
Develop IT roadmap for system transitions and separation
Project manage system migrations and coordinate key players
Identify organization dependencies impacted by separation
Prepare customer and vendor contract transition roadmap (Legal + Functional management)
Catch up working capital tracking and prepare settlement dispute support
SOLUTIONS
Maintained high visibility and credibility of financial data during TSA period
Developed workforce plan and separation stair step to maintain continuity
Developed and program managed IT road map of systems separations
Shifted organization dependencies to add efficiency and synergies after separation
Implemented future-state cost center reporting to accelerate accountability and adoption of spend controls
Successful TSA separation following highly-disruptive first 90 days.
STATUS DOCUMENTATION
