Publications

Divestiture strategies and solutions: Corporate development executives in the technology industry share their insights
PwC's recent Silicon Valley Transaction Services Roundtable brought together 14 corporate development executives from leading technology companies and a representative from a well known private equity firm to share their perspectives and experiences around divestiture strategies and solutions, offering valuable insights into their concerns, challenges, and successes.
10Minutes on making divestitures successful Seven principles to consider when preparing a tax provision for subsidiary or carve-out financial statements
There are unique tax considerations for carve-out financial statements which add additional complexity to the financial reporting process. While not all-inclusive, this paper explains several key principles, which, if kept in mind, will enable preparers to manage a carve-out tax provision process more smoothly.
Planning and executing divestitures in a down market Planning and executing divestitures in a down market: What Finance M&A executives in the Technology industry had to say
PwC's recent Silicon Valley Transaction Services Roundtable brought together 11 finance M&A executives from leading technology companies to share their perspectives and experiences around planning and executing divestiture transactions.

10Minutes on making divestitures successful 10Minutes on making divestitures successful
Read our 10Minutes piece on how to get the most value out of the sale--in any market. The credit crisis, volatile stock markets, and recession have put sellers at a disadvantage: they face fewer buyers, more caution, and lower deal multiples. At the same time, those same market forces are exposing marginally performing businesses and are compelling companies to explore multiple options — including divestitures — as a way to raise cash, shed debt, or improve performance.

Divesting to maximize shareholder value in today’s challenging market
This paper provides sellers with guidance on how to use a successful divestiture process to prepare a business for sale. Regardless of the reason for the need to divest, by using a strong divestiture process, sellers can successfully exit their businesses in as short a timeframe as possible, avoid erosion of the sale price at the negotiating table, and — ultimately — maximize their sale price.