Carve-Out Specialist

Contract | 6–12 months | Day rate + expenses | Travel M–F, CONUS The mandate A manufacturing business unit is being separated from a larger parent. Everything shared has to be untangled — systems, services, supply agreements, people, facilities, entities — and the standalone business has to work on day one without the parent behind it. Carve-outs punish anyone who underestimates the shared services layer. You are hired because you have done one and know where the surprises live. What you'll own Separation planning across every function, with a clear day-one operating model Standalone cost structure definition and validation against the deal model Transition Services Agreement scoping, negotiation, and exit planning — including the discipline to actually get off TSAs on schedule IT separation: system stand-up, data migration, and disentanglement from parent infrastructure Supply agreement separation and renegotiation, including intercompany supply arrangements Legal entity, licensing, permit, and regulatory transfer Employee transition, benefits stand-up, and retention of critical talent Facility and asset separation, including shared sites Customer and supplier communication and continuity through the transition What you bring 12+ years in operations, finance, or transaction execution, with senior carve-out or divestiture accountability At least one completed carve-out led end to end, buy-side or sell-side Working knowledge of TSA construction and exit Cross-functional depth — you can hold conversations with IT, legal, HR, tax, and the plant manager on the same day Standalone cost modeling capability High tolerance for ambiguity and competing masters, since you will be serving both parent and buyer interests Strong plus: manufacturing carve-outs specifically; international separation; PE-backed acquirer experience; direct post-close integration ownership following separation.