In 2015, a major hotel chain decided to create a new entity to consolidate a portfolio of establishments in Europe, the majority of whose shares were held by an investor. The aim of this assignment was to structure and steer the carve-out operation, optimizing legal, tax and operational processes, while meeting tight deadlines. The consulting firm played a key role in managing this complex project, effectively coordinating legal, financial, organizational, HR and IS aspects. Thanks to its expertise in mergers and acquisitions, we enabled our client to successfully complete this transformation, while ensuring that a solid, sustainable structure was put in place.
Expertise in mergers and acquisitions: integrated approach covering all stages of the project, from pre-deal to post-deal, to ensure a smooth transition.
Tight deadline management: ability to structure files quickly and make informed decisions to meet strict deadlines.
Efficient coordination: we ensured perfect management of the interfaces between the various business, IS and program teams, while maintaining a rigorous time-boxing approach.
Mobilizing specific expertise: by putting together a dedicated team and mobilizing the necessary expertise, we optimized carve-out management while guaranteeing the success of the project.
Robust governance: set up robust governance to monitor and steer the project’s progress in a coherent way.
Framing and structuring: Clear definition of the project’s scope, including legal, tax, HR, IS, organizational and commercial aspects.
Rigorous planning: Setting up a detailed task schedule with a well-defined methodology to ensure deadlines are met.
Resource management: Optimal allocation of resources to each phase of the project, with particular attention to stakeholder management and potential risks.
RACI: Precise definition of the responsibilities and expectations of each player to ensure smooth, aligned task management.
Project governance: Solid governance structure enabling constant monitoring and agile decision-making throughout the project.
Framing and structuring the project: Definition of the project’s organization based on legal, tax, organizational and IT issues. Establishment of the processes required for successful completion of the carve-out.
Work planning: Scheduling of the various stages with a precise timetable to avoid delays and ensure team synchronization.
Definition of the RACI: Clarification of responsibilities for each stakeholder, ensuring efficient and aligned project management.
Allocation of resources: Mobilization of the expertise required to successfully manage the project, while ensuring that resources were allocated to strategic priorities.
Establishment of governance: Creation of a robust governance structure enabling rigorous steering and continuous monitoring of project progress.
Strict deadlines and time-boxing: Meeting deadlines was a major challenge, requiring precise time management and the ability to make strategic decisions quickly.
Multiple players and complex coordination: The operation involved several stakeholders at different levels, both within the organization and with external players (legal, tax, etc.), requiring fluid coordination and management of multiple interests.
Heterogeneous processes: Integrating the various legal, tax and operational processes into a single, coherent model required careful analysis and harmonization of practices.
Governance and implications on a European scale: Managing this carve-out involved effective governance on a European scale, taking into account the legal, tax and organizational specificities of each country.
Smooth, rapid transition: Carve-out management enabled the organization to create a new structure in record time, while maximizing operational efficiency.
Process alignment: The harmonization of legal, tax and organizational processes facilitated the creation of the new entity while complying with regulatory and operational requirements.
Creation of a solid structure: Setting up a robust governance and organizational structure enabled the new entity to operate autonomously and efficiently from the outset.
Optimizing resources: Allocating the necessary resources and optimizing processes ensured the success of the project, while respecting budget and time constraints.
