Summary

From corporate divestitures to buyer’s value creation

Domestic and cross-border carve-out transactions require thorough planning and skilled implementation on various levels.

Fill out the form above to watch our webinar as Sebastian Lemm (Porsche Consulting), Matthew Podowitz (CFGI), Frank Henkel and Dr. Katrin Stieß (both Norton Rose Fulbright) share the lessons learned on how to manage carve-outs to unleash value, in particular with view to subsequent sale.

Speakers

Frank Henkel

Frank Henkel
Partner
Norton Rose Fulbright LLP, Munich

Frank Henkel is a corporate partner based in Munich with more than 18 years of professional experience and co-heading the European private equity practice group. He has a broad range of experience in acting for financial and strategic investors in the financial institutions, technology and automotive sectors, both on domestic and cross-border M&A transactions. He has advised on a number of complex carve-out transactions in various jurisdictions and industries.

Frank is regularly listed as a recommended lawyer for corporate, M&A and FinTech in various legal directories including Best Lawyers, Chambers and JUVE. Clients praise Frank for being “extremely service-oriented” and “never losing track also in large transactions” (JUVE Handbook, Private Equity 2023).

Katrin Stieß

Katrin Stieß
Partner
Norton Rose Fulbright LLP, Munich

Dr. Katrin Stieß is a corporate partner based in Munich with nearly 20 years of professional experience and heading the technology industry business group in EMEA . She has a broad range of experience in acting for national and international clients on domestic and multinational M&A, private equity and venture capital transactions, as well as corporate reorganisations. She is regularly advising on complex domestic and cross-border carve-out transactions driven by the transformation and digitization of business models.

Katrin is regularly recommended for corporate law, M&A and private equity by various legal directories. Clients praise Katrin for “being very thorough, well organised and pragmatic” (JUVE Handbook, Private Equity 2023).

Sebastian Lemm

Sebastian Lemm
Partner
Porsche Consulting

Sebastian Lemm serves as partner at Porsche Consulting based in New York City, an integral part of the automotive giant, Porsche AG. Prior to joining Porsche Consulting in 2009, his professional journey encompassed a diverse range of roles in investment banking, venture capital, and private equity. Armed with an undergraduate degree in International Finance and a Master’s degree in Mergers & Acquisitions, Sebastian lends his expertise to Private Equity investors and portfolio companies, guiding them on value creation through strategic and operational avenues. He plays a pivotal role in supporting investors in their carve-out transactions from a buy-side standpoint.

Matthew Podowitz

Matthew Podowitz
Partner
CFGI

Matt is based in Atlanta and serves as a Partner at CFGI, the largest global non-audit accounting advisory firm, leading CFGI’s carve-out and integration management support practices, the operations and technology due diligence practice, and support cross-border transactions. Prior to joining CFGI in 2022, Matt held executive consulting positions with Coopers & Lybrand, Ernst & Young, and Grant Thornton, and ran his own firm providing similar services to professional services organizations on an outsourced basis (including CFGI) for over twelve years. Matt holds dual Bachelor’s degrees in Russian Language and International relations and has worked on over 400 M&A transactions across the globe over the past 28 years. During that time Matt has played numerous leadership roles in the evaluation, planning, management, and execution of carve-outs for both buyers and sellers as well as planning, management and execution on post-merger integrations for multiple buyers.