A management consulting firm engaged Virtas Partners to assist with due diligence and integration of a carve-out acquisition of an energy software and consulting business.
Client Need
Our client, a management consulting firm, was in the process of evaluating a carve-out acquisition that provides software solutions and consulting services to energy and utility clients. With exclusivity obtained, the client came to us to lead pre-close integration planning as a member of the due diligence deal team. Prior to sign and close, Virtas helped develop the commercial and operational integration roadmap, D1 readiness plan and identified key workstream to help capture deal value. Post-close, Virtas managed the integration management office, developed a detailed integration workplan across the commercial and corporate functions and communicated deal progress to executive leadership.
Tailored Solutions
- Developed integration roadmap, summarizing high-level priorities, milestones, and timelines prior to deal close
- Assessed current state organizations, processes and systems, and designed interim and future state operating models
- Conducted working sessions with select functional teams to confirm business requirements for key business processes
- Established executive updates to discuss integration progress, achievements, and risks with suggested mitigation strategies and key next steps
Value to client
- Senior project leader to coordinate the day-to-day integration planning process across multiple workstreams and report out status updates to integration leadership
- Leveraged client’s integration playbook while supplementing with Virtas’ integration playbook
- Flexible integration execution support model that scaled up as needs arose and down as internal integration resources were hired
Capabilities
- Deep merger integration experience with deep experience in the business services industry
- Pragmatic ‘lite’ integration playbook specifically designed to support mid-market transactions
- Small, experienced team with broad deal exposure minimizes friction and complexity