Mergers, Acquisition and Divestitures
VERVE assists a Fortune 50 client with several transactions, including a $68 Billion acquisition, two $2 Billion divestitures, and an $11 Billion divestiture along with a variety of collaboration and joint venture agreements. Our team of diverse project management consultants assisted in several functional areas, providing subject matter expertise, strategic guidance and additional resources as the client had limited staff to work on supporting the transaction, integration and carve-out activities, while doing their ‘business as usual’ functions.
Manufacturing Integration Project Management: To support the multi-billion dollar acquisition, VERVE was enlisted to guide the client’s project managers to transfer products from the acquired firm’s manufacturing facilities to several global locations. Highlights include:
- Facilitated a program of 30 divestment and transfer projects for division assets
- Created project plans, gained local country buy-in, tracked plans, and managed escalations
- Worked with project teams in the U.S., Spain, Belgium, and the Netherlands
Human Resources Project Management: Provide HR management with assistance on various strategic projects including:
- Project management guidance for global HR systems and processes (payroll and benefits) implementation;
- Managing HR Readiness/Business Processes for global mobility initiative;
- Managing the investor room for transactions including assisting with response research and analysis for investor room questions, and preparing target employee lists for divesting entities
