According to Actum Group’s latest deep dive, UK corporate carve-outs remained low in the first half of 2024. Sullivan Street Partners’ Zeina Bain and Richard Sanders shared their thoughts on why this might be, explained the risks and rewards associated, and described their experience with this type of transaction. Both Managing Partners highlighted the intricate and uncertain nature of carve-outs compared to traditional private equity deals, requiring patience and expertise to be successfully delivered. In their outlook, they also detail some of the factors that are driving these transactions, such as portfolio simplification and multiple re-rating, among others. At Sullivan Street, we don’t shy away from the complexities involved in carve-outs and have built up extensive experience in simplifying the separation process. We take a people-centric approach to building transformations ensuring the continuity of a company’s core strengths whilst adding new scalable capabilities. As always, we enjoyed having the opportunity to share our market perspective with Jonathan Klonowski and Paul Francis-Grey and contribute to a wider discussion alongside Ramon de la Sota from Parlementia Capital Partners and Stephen Cooney-Grayburn from BDO UK LLP. #privateequity #carveouts #complexity
Actum Group's latest research reveals a dip in UK-based private equity carve-outs, with only 13 announced in the first half of this year. 📉 Managing Partners Zeina Bain and Richard Sanders from Sullivan Street Partners, alongside Ramon de la Sota from Parlementia Capital Partners and Stephen Cooney-Grayburn from BDO UK LLP, delve deep into the reasons behind this trend, shedding light on the increasing competition from trade buyers and the growing execution risks. Read the full article at https://lnkd.in/g7GyD2nG #CorporateDivestment #CarveOuts #ValueCreation #ValueLevers