industry
Retail & Consumer Products

Delivering a flawless and speedy carve-out for fast food

Key technology:
  • New ERP System
Value levers pulled:
  • Carve-Out Planning & Execution
  • Finance Function Assessment & Design
  • 13-Week Cash
    Flow Forecasting
  • Project Management Oversight​​

Picture this...

You’re a multi-unit restaurant brand being acquired by a sponsor, and you need a carve-out planned and executed across finance and accounting, IT, HR, and legal. Adding complexity, the legacy shared service center providing finance & accounting and IT functions would be dissolved immediately following the 4-month transition service agreement period. This means you’ve got an extraordinarily short timeline to hire teams and transition operations… without disrupting business operations.

You turn to Accordion.

We lead and execute the carve-out strategically and tactically across all functional areas of the transition. We:

  • Maintain and execute a highly detailed, task-oriented plan, while developing board/monthly financial review materials.
  • Develop a 13-week cash flow forecast.
  • Stand up the finance and accounting function (including performing key operations until the team is hired) and support operations transition, documenting finance and accounting process cycles to aid organization design, management of business operations, onboarding, and training.

Your value is enhanced.

You’re able to handle key milestones until your team is in place, including the overall separation, planning for standalone finance and IT functions, and supporting the finance transition and business-as-usual responsibilities. You transition to a standalone business without any disruption to day-to-day business operations.

Enhanced value:

You reap multiple benefits, including:

  • Carve-Out Planning & Execution
  • Finance Function Assessment & Design
  • 13-Week Cash Flow Forecasting
  • Project Management Oversight​​