Business Unit Carve out – International Business Services Company
The Project
Consera was engaged by a global B2B services company to create and execute a business unit carve-out plan. The assignment required a broad range of commercial and financial skills to create a new legal entity that was self-sustaining, profitable, and attractive to investors.
The Opportunity
Following a strategic review, our client concluded that a business unit delivering communications services should be carved out in readiness for sale as it was unprofitable.
Scope & Benefits
The scope of our work comprised:
- Legal and financial entity carve-out and build
- Organisation design, management and governance build
- Integrating the operating model with the ESG agenda
- Realising £5m of cost savings
- A contract review to increase profitability and ensure compliance with regulatory requirements to achieve annualised benefits of £1m
- Systems separation and migration to the cloud
- Systems modernisation plan
- Cyber improvement plan
Following the carve-out, the business unit now remains a profitable part of the group.