Separations and IPOs Insights

We analyzed hundreds of companies, worldwide, across a decade-long business cycle. The conclusion? Winners change their business mix, year after year. Laggards sit still.

Senior partner Andy West discusses the latest trends in M&A in light of several recent high-profile divestitures.

Lower rates will motivate companies to consider selling assets that lack scale for spinning off, and will make some complex deal structures less attractive.

Businesses with different financial profiles can tax managers and put performance at risk. When divesting isn’t an option, here’s how to manage the conflicts.

Separations can be a once-in-a-lifetime opportunity to create value for the remaining and separated companies. The secret? Get granular about support costs and personal about talent.

The recent spate of spin-off announcements reveals the limits of diversification as well as some of the potential value-creating benefits of separations.

Research shows that active, efficient reallocation of resources creates better returns for companies than simply standing pat does. Here’s how to make portfolio decisions faster.

Active portfolio management can create significant competitive advantages. Still, executives routinely shy away from separations. Here are six common roadblocks and some tips for breaking through.

A better understanding of the remedies that antitrust regulators may hand down in a large merger or acquisition could help executives improve their management of such deals.

By acknowledging and addressing four factors relating to execution and operations, ParentCo can separate from SpinCo in a way that creates value for both.

The seller’s focus on three key interrelated activities—defining, marketing, and disentangling—can help expedite the transfer of divested assets and increase total deal value.

To succeed, companies need to view divestitures in a way that goes beyond the traditional M&A approaches.