$200MM Business Unit Strategic Carve Out
A human capital and benefit administration solutions firm with thousands of employees globally serving over 1,400 business clients, decided to divest one of their business segments into a completely new entity.
With the divestiture of one business segment, a complete reimagining of the infrastructure, technology stack, and finance/accounting functions needed to be accomplished to operate almost independently from the parent company. AG was engaged to guide the accounting/finance structure as well as create system requirements for the new entity.
AG’s tasks included the following: