Sector:
Industrials
Service Lines:
Mergers & Acquisitions
Client Situation
A multi-national, South Korean conglomerate agreed to acquire two power equipment service providers in a carve out deal, one in the U.S. and the other in the EU. The client needed help to develop a detailed carve out and integration plan, and position the combined company for growth.
How We Helped
Defined an integration approach based on deal rationale and strategic objectives
Established and ran the Integration Management Office and mobilized integration teams in the U.S., EU and South Korea
Guided functional integration planning
Supported definition and negotiation of Transition Service Agreements with the corporate seller
Set up TSA tracker and mapped all TSAs back to functional plans to ensure exit feasibility
Assessed cultural risk and recommended mitigations
Facilitated post-close strategic plan development to prioritize and resource market opportunities
Result
Client successfully completed the carve out and integration achieving its objectives
Company won a major contract by leveraging combined capabilities several months after close