Search
eAlerts Events and webinars Contact us
TMF Group logo
  • About us
  • Services
  • Locations
  • News and insights
  • Careers
Make an enquiry
  • About us
    • Executive committee
    • Exco

      The executive committee at TMF Group have a wide range of experience and skills from around the world all contributing to make TMF Group what it is today

      Find out more
      Closeup of sky scraper
    • About Us

      TMF Group is the leading provider of critical compliance and administrative services.

      Learn more
      Logo with blend
  • About Us

    TMF Group is the leading provider of critical compliance and administrative services.

    Learn more
    Logo with blend

    Exco

    The executive committee at TMF Group have a wide range of experience and skills from around the world all contributing to make TMF Group what it is today

    Find out more
    Closeup of sky scraper
  • Services for Companies
    • Global Accounting and Tax services
    • International accounting and reporting
    • Accounting & tax consultancy services
    • ERP Localisation
    • International finance and accounting transformation
    • Insurance premium tax
    • International tax services
    • Global Entity Management
    • Corporate secretarial services
    • Fiduciary services
    • International regulatory compliance services
    • Special Purpose Vehicles (SPV) Management
    • Global Payroll and HR services
    • Global HR services
    • Global Payroll services
    • International employee benefits
  • Services for Capital Markets and Fund services
    • Capital markets services
    • Aircraft Finance services
    • Corporate Bond services
    • Deal announcements
    • Administrative services
    • ESMA Securitisation Regulation Services
    • Loan services
    • Project Finance services
    • Securitisation services
    • Fund services
    • Depositary services
    • Extra fund services
    • Fund administration services
    • Investor services
    • Managed Investment Trust (MIT) services
    • Reserved Alternative Investment Fund (RAIF) services
    • Special Purpose Vehicles
    • IP licensing and collection
  • Services for Family Business Wealth
    • Estate and Inheritance planning services
    • Family business ownership and succession planning services
    • Services for High Net Worth Individuals
    • Investment portfolio monitoring services
    • Trustee services
    • Family business ownership

      Learn more
      Spiral staircase
    • Services for High Net Worth Individuals

      Learn more
      Aeroplane engine
  • Services for Companies

    Learn more
    services for companies

    Services for Capital Markets

    Learn more

    Services for Family Business Wealth

    Learn more
    Abacus vintage close up
  • The Americas
  • Europe, the Middle East and Africa
  • Asia Pacific
  • News and insights
  • Global Business Complexity Hub
  • Podcast library
  • Press releases
  • Publications library
  • Articles and opinions
  • Video showcase
  • Case studies
  • News and Insights

    Keep on top of the latest from around the world

    News and Insights
    Content hub

    COVID-19: getting you back to business as usual

    We recognise that these are unsettling times. As a provider of critical administrative and compliance services, let us pick up the burden so you can get back to business as usual.

    Read more here

    Cross-border carve-outs

    Why one third fail and how to get them right

    Download the report
    Snake and ladders board game
  • Careers
    • Life at TMF Group
    • Women at TMF Group
    • TMF Business Academy
    • Leadership at TMF Group
    • Life at TMF Group

      At TMF Group, it's our people who make us who we are.

      Learn more
      Life at TMF Group
    • Current vacancies

      Ready for a global career? View our current vacancies.

      Apply now
      Two women standing showing love symbolic
  • Life at TMF Group

    At TMF Group, it's our people who make us who we are.

    Learn more
    Life at TMF Group

    Current vacancies

    Ready for a global career? View our current vacancies.

    Apply now
    Two women standing showing love symbolic

When to call us in

  1. Home
  2. Services
  3. Services for Companies
  4. M&A services
  5. When to call us in

We work with integration PMOs, PE operating partners and transaction advisors on carve-out support when …

    #01 they’ve realised you can’t just copy what a seller is doing in each country and leave it there.

    #02 an alliance-friendly partner is needed in the mix – people who are comfortable in the boardroom, working and communicating smoothly with all global advisors, while working furiously in the engine room to deliver local infrastructure and compliance.

    #03 you recognise the potential for a negative impact on the J curve of (a) soaring professional fees to cover the remedial actions often needed to correctly sequence full entity activation in complex jurisdictions and (b) the long-term costs of being forced to settle for a sub-optimal infrastructure because time just ran out.

    #04 law firms and transaction advisors desperately want to help the client set up bank accounts in multiple territories but they know it is not just a matter of dialling up a global bank.

    #05 vendors pull out because they can’t cover your new geographic footprint; cater for wide variations in personnel numbers; or address compliance with local rules and regulations.

    #06 you find out that incorporation is the tip of the iceberg and that full entity activation is needed before you can hire people, sign contracts and do business.

    #07 your integration PMO hasn’t been given the time to properly evaluate the infrastructure build of their newco, with a compromised operational model looming.

    #08 you recognise that what you used to do in the parent company shouldn’t drive future thinking. You probably don’t need ‘luxury’ ERP from day one of operations, for example.

    #09 you don’t want to rush the development of your target operating model – but you need to meet the terms of your TSA.

    #10 you need a single partner whose geographic footprint matches yours.

    #11 when you don’t have a clear sense of cadence upfront – how long things will take, market by market.

    #12 you want to make a good impression on employees, customers and regulators – immediately.

    #13 you are experiencing the ‘long poles’, no one told you about – the months it can take, say, to open a bank account in parts of Asia and Latin America.

    #14 you want a shorter TSA to accelerate independence from the parent.

    #15 there’s no TSA at all and your deal hangs on you deploying new infrastructure – or the seller walks.

    #16 you’ve decided to outsource your back office but you don’t want a shared service centre far from your people on the ground and their very local concerns.

TMF Group owns the detail no one really wants to own in complex international transactions.

So, if deal fatigue sets in before the last couple of miles to completion, we pick up the baton to complete it fast – in the right way.

We deliver all the cross-border compliance and essential business administration needed to get your deal over the line and your company up and running before the seller has waved goodbye.

We make sure that the invariably small integration team is not left to cope with an invariably large succession of small problems. Spread across a complex carve-out, they can drag down the best of management teams in the first 90 to 180 days, impacting employee and regulator relations – and operating costs for years after.

To avoid the pain of carve-out

Enquire here

Mergers and acquisitions

The global deals we got over the line When to call us in Services at a glance Carve-out fire bell Why our business model works for M&A

Our services

  • Accounting services
  • Global entity management
  • Global HR services
  • Global payroll services
  • Capital markets and fund services
  • Family wealth

More on TMF Group

  • About us
  • eAlerts
  • Locations
  • Corporate social responsibility
  • Code of conduct
  • Common reporting standard
  • Sitemap

  • Make an enquiry
  • Careers
  • Contact us
  • Data Protection
  • Regulatory Status
  • Complaints Handling Procedure
  • FATCA Policy

LinkedIn icon in white Twitter Icon in white WeChat Icon in white Facebook
Privacy statement Terms and conditions TMF Group GDPR Statement
©2019 TMF Group