A practitioner's guide to planning and executing corporate divestitures
The Carve-Out Playbook is a practical, end-to-end guide for executives and deal teams planning and executing corporate divestitures. Designed for real-world complexity, it walks readers through the full carve-out lifecycle—from strategic rationale and feasibility assessment to Day-1 readiness, transition services, and post-close stabilization. The Playbook addresses the financial, operational, legal, technology, and people dimensions that make carve-outs uniquely challenging compared to other M&A transactions.
Rather than treating divestitures as purely transactional events, the Playbook frames carve-outs as large-scale transformation programs that demand disciplined governance, rigorous planning, and cross-functional coordination. Each chapter combines best-practice guidance with practical checklists, templates, and step-by-step instructions covering PMO setup, financial carve-out modeling, target operating-model design, IT separation, workforce transfers, TSA negotiation, and regulatory compliance.
Built for practitioners—including corporate leaders, functional heads, investors, and project managers—The Carve-Out Playbook helps teams reduce risk, avoid costly surprises, and maintain business continuity while unlocking value. By translating hard-won experience into actionable tools, it equips organizations to execute carve-outs faster, cleaner, and with greater confidence in both the separated business and the remaining enterprise.
