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Divestiture Management

When a seller has concluded that a business or portion of the business is to be sold, the transition planning efforts will typically need careful consideration and oversight so that contractual obligations are met, IT services are not compromised and the trailing IT and operational savings that were envisioned (post divestiture) are realized. The post closing administration of contractual transition agreement and sales agreement obligations, often which entail significant costs; is an infrequent experience for most sellers. Answerport has helped clients prepare for the sale of a business by first rationalizing shared capabilities that either “go” or “stay” and then developing the transition approach. Once the sale closes Answerport can help with managing the divesture process by acting as the point of contact with the buyer or by supporting the seller’s internal divesture team. The services performed in this area can typically be categorized as:

• Divestiture and transition planning
• Divestiture process oversight and project management
• TSA oversight and management
• Divestiture team support
• Problem solving and issue resolution
• Monitor and measure attainment of trailing cost savings programs

 

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