Separations and IPOs Insights

July 22, 2020 – We analyzed hundreds of companies, worldwide, across a decade-long business cycle. The conclusion? Winners change their business mix, year after year. Laggards sit still.

July 10, 2019 – Senior partner Andy West discusses the latest trends in M&A in light of several recent high-profile divestitures.

April 26, 2018 – Lower rates will motivate companies to consider selling assets that lack scale for spinning off, and will make some complex deal structures less attractive.

November 6, 2017 – Businesses with different financial profiles can tax managers and put performance at risk. When divesting isn’t an option, here’s how to manage the conflicts.

December 17, 2021 – The recent spate of spin-off announcements reveals the limits of diversification as well as some of the potential value-creating benefits of separations.

October 1, 2021 – Companies that regularly refresh their portfolios tend to outperform, but deciding when and how to divest a business may be the most challenging part of M&A.

November 11, 2020 – Research shows that active, efficient reallocation of resources creates better returns for companies than simply standing pat does. Here’s how to make portfolio decisions faster.

September 18, 2020 – Active portfolio management can create significant competitive advantages. Still, executives routinely shy away from separations. Here are six common roadblocks and some tips for breaking through.

October 11, 2021 – By acknowledging and addressing four factors relating to execution and operations, ParentCo can separate from SpinCo in a way that creates value for both.

June 12, 2020 – The seller’s focus on three key interrelated activities—defining, marketing, and disentangling—can help expedite the transfer of divested assets and increase total deal value.

May 28, 2020 – To succeed, companies need to view divestitures in a way that goes beyond the traditional M&A approaches.

February 6, 2019 – Acquiring an asset that may remain entangled with its parent company poses a different level of complexity in assessing potential value. Due diligence on three critical challenges can help.