Mandate:
Implementation of a Transitional Service Agreement as part of a carve-out deal

Client:
Trade, services, private equity portfolio company, carve-out of an insurance group in the United Kingdom.

Measures:

  • Prepared a business case analysis, before implementing the TSA, in order to identify potential cost savings and ideas for improving the company’s processes

  • Renegotiated contracts

  • Senior project management in the planning and implementation of all IT-related processes, such as service desk, back-up & restore services, telephone networks, web hosting, etc.

  • Implemented carve-out measures in the human resources area, e.g. escalation processes, pay-roll service, recruitment set up, etc.

  • Management of a real estate subsidiary

  • Co-ordination of all other essential administrative processes

Success:

  • Execution of the carve-out in all essential areas within the specified timeframe.
  • Achieved 15% cost savings in the relevant areas.
  • Improved the processes, with increased KPIs, especially in the service centre area.

Contact:

Nikolai Kesting

Quantenberg 28
40822 Mettmann

+49 (0) 160 / 9622 3352
nikolai.kesting@via-momentum.com