Carve-out Financial Statements
Carve-out transactions have a high degree of complexity requiring significant judgment in applying limited guidance. Riveron knows the intricacies of a carve-out and delivers the expertise you need to produce financial statements that withstand the audit and SEC scrutiny.
From IPO spin-offs to divesting non-core businesses, Riveron has significant experience executing carve-outs across a diverse range of transactions and industries. Riveron gains a comprehensive knowledge of how your company operates, including how business lines are integrated and managed to effectively guide you through the complexities of carve-out financial statements.
Riveron’s professionals assist with carve-out financial statements in a variety of areas, including:
- Carve-out audit support and project management
- Technical accounting matters
- Allocation methodology
- Basis of presentation
- Accounting policies
- Pro forma financial statements and footnotes
- Special purpose financial statements
Riveron is not a CPA firm.
Other Carve-outs and Divestitures Offerings
A sports apparel company needed to extricate itself from its legacy parent systems, which included financial and operational infrastructure prior to the pending cancellation of a transition services agreement
When Heidelberg Cement decided to carve its building products division, it sought help preparing the carve-out financial statements for the potential IPO or sale.
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When a company decides to sell part of a business, the complex separation process often requires much more preparation and resources than sellers expect. Effective planning and strategic consideration around the structure of the deal and the required financial statements are imperative.