M&A lead for complex carve-out for global industrials leader
Our client is a leading manufacturer of large-bore gas and diesel engines, as well as turbomachinery for various marine, rail, and stationary applications. Their products range from locomotive and marine propulsion systems to power plant applications and turbochargers. The company is a global player with a significant market share in the industry.
Our client approached us with a complex carve-out situation. The company had decided to divest a subsidiary that was no longer aligned with its long-term strategic goals. The subsidiary manufactured turbochargers for various applications and was a significant revenue contributor to the company. The carve-out involved separating the subsidiary’s operations, assets, and employees from the parent company.
We provided our client with M&A specialized support, leveraging our expertise in the industry. Our team of professionals worked closely with the client to develop a comprehensive carve-out plan that addressed all the legal, financial, and regulatory aspects of the transaction. We provided guidance on the valuation of the subsidiary, the structuring of the deal, and the negotiation of the terms.
We also supported the client in the due diligence process, reviewing the subsidiary’s financial statements, legal contracts, and operational procedures. We helped identify potential risks and opportunities and provided recommendations to mitigate any risks.