Divestiture

With eprentise software, the child company will maintain continuity of operations as a stand-alone entity with all history, only their own familiar data, and familiar systems. The selling company can get rid of data that is no longer needed. There’s no need to start from scratch.

Using any filter criteria, you determine what data remains in the source (parent) instance and what related data is moved or copied to a new (child) instance. Both databases are complete, functioning, and fully configured with only the information relevant to each continuing company.

For divestitures, the more embedded the unit is, the more complicated the carve-out is. It is difficult to arrive at the value of a carve-out deal and determine the accurate evaluation of the assets.

Some parts of the business are harder to package because they’re not free-standing with fully stand-alone, audited financials, and the EBITDA could be different for a stand-alone company. Many times, there’s not an EBITDA established for what’s being carved out.

In a divestiture, you need to rip out part of the company, and then quickly stand it up again. In many cases, back-office functions might have to be recreated from scratch. eprentise Divestiture software transforms this process, eliminating the need to start over.

ACCELERATE TIME FOR TRANSITION
The new company can be up and operational very shortly after the close date.

DATA INTEGRITY
Removes data from parent instance that does not relate to surviving operations. Removes all data that is not relevant to the child company. Retains access to historical information pertinent to each operation. Know in advance who owns which data.

MAXIMIZE OPERATIONAL EFFICIENCY
Easily generate accurate financial reports for both the divested entity and the surviving parent entity.

Overview Presentation