For buy-side advisers

A separation partner for your mandates.

Your buyers pass on carve-outs because separation looks expensive and uncertain.

We diagnose and execute those separations, so more of the deals you find can close.

Talk about a mandate See a sample case
01 / The gap Why good targets stall

The hardest part of a carve-out is rarely finding it.

01Standalone costs
Nobody has priced what the business costs once the parent's people and systems are gone.
02Licenses and people
A trade license may rest on one qualifier who stays with the parent.
03Property and debt
The building, liens and loans are tied to the parent or the owner.
04Buyer appetite
The buyer cannot say how much separation work it will take on until someone asks.
02 / What we do Bounded work, defined in advance

We answer the separation questions before your buyer walks away.

Separation diagnostic

A fixed-scope read before the LOI on whether the carve-out is executable and what it costs.

Quality of Earnings

Buy-side financial due diligence once your buyer is under LOI.

Carve-out separation

Transition services, standalone costs, systems, licenses and property terms, planned before closing.

Day-1 risk

The insurance and bonding the standalone business needs at closing, placed through appropriately licensed parties.

03 / The relationship Your client stays yours

We work inside your mandate, not around it.

  1. 01

    You keep the client

    We do not contact your buyer or the seller without your agreement.

  2. 02

    Scope is written down

    Every engagement states what we will do, for whom, and for what fee.

  3. 03

    Conflicts are disclosed

    How we were introduced and how we are paid is stated to your buyer in writing.

Working a mandate now?

Tell us about the buyer and the situation. A few lines is enough. Nothing is shared with your buyer or the seller.

What happens next

  1. 1We reply within one business day, directly.
  2. 2A free first look: a 20-minute call with you, then a one-page read within two business days.
  3. 3Nothing reaches your buyer or the seller without your agreement.
Process stage

Reply within one business day.

Submitted information is used to respond to this inquiry. Privacy. Disclosures. Prefer email? connor@marstonrow.com.