Client challenge
To do Due Diligence for a complex acquisition and prepare for Day One operation by:
- Assessing the potential new company’s financial foundation
- Creating the plans for the ultimate stand alone operation of its people, processes and technology
PwC's solution
To work collaboratively with the client on:
- Crafting Transition Service Agreement requirements for Day One
- Establishing a coordinated Divestiture Management Office
- Orchestrating the transition across nine functional areas and 14 workstreams
Impact on client's business
- Identifying the right cost structure led to the appropriate bid
- There was less disruption of day-to-day business during Day One planning
- The deal was completed before the expiration of the Transaction Service Agreement
