5. Establish the Right Post-Close Processes
Prior to Close, it’s important to define a governance structure to enable the Seller and buyer to manage the delivery of TSA services seamlessly. This ensures clarity of responsibilities and accountabilities for key players in the TSA ecosystem. Develop a set of easy-to-use tools which promote effective status reporting, issue management, change control, along with billing and accounting.
RGP’s approach to TSAs played an important role in helping a $2 billion leading global designer, manufacturer and marketer of consumer products in its business transformation. RGP helped our client carve out and sell three brands as one company to a private equity buyer within a compressed timeline.
This complex transaction involved 18 shared global locations, six legal entities and multiple customer channels. We supported the company by identifying, costing and providing post-Close governance tools for 110+ transition services (forward and reverse) across eight functions. This enabled them to complete the transaction with confidence and minimal disruption to their core business.