Accelerating Execution in a Carve-Out Transaction

Separation completed ahead of plan

A global sponsor engaged Larkhill to support the exit of more than 120 TSAs following a complex carve-out. The separation was completed 38 days ahead of schedule, enabling faster value realization and clean Day 1 operations.

When a global sponsor needed to separate over 120 TSAs across multiple jurisdictions, the execution timeline was expected to stretch beyond Day 180. Instead, Larkhill helped complete the separation 38 days ahead of schedule, without disrupting business continuity.

TSA (Transition Service Agreement) exits are often underestimated in complexity and risk. In this case, the sponsor was managing a carve-out involving multiple business units, each with bespoke IT, finance, and HR dependencies. With no central playbook and fragmented oversight, the risk of delays—and missed value capture—was rising daily.

Larkhill stepped in as the execution partner, embedding a small team of experienced operators to take direct ownership of TSA exits across workstreams. We worked alongside the management team and advisors, bringing structure, clarity, and speed to the process.

Instead of relying on fragmented email chains and static trackers, the client adopted Larkhill’s Execution Platform. This enabled real-time tracking, issue flagging, and sponsor-level visibility. At the same time, structured playbooks ensured consistency across regions while surfacing integration blockers early.

The result: 120+ TSAs exited across five countries, 38 days ahead of the contractual deadline. No operational disruptions. Sponsor oversight improved. Value captured earlier than forecast.