M&A transition · Transformation · Sydney · Melbourne · Brisbane
We plan and run separations, integrations and the transformation that follows. Partner-led from diligence to value realisation, for acquirers, sellers and private equity in regulated sectors.
Example transitions our partners have led or held leading roles in
Where we come in
Most advisers arrive after close, without the context of the data room. We enter during diligence, so the Day 1 plan, TSA scope and cost to achieve are known when they still affect the deal.
01
Transition risk, stranded cost and TSA scope sized before price and terms are settled.
02
Separation Management Plan, TSA schedules and the Day 1 operating model agreed with the counterparty.
03
Transition office running, cutover executed, regulator notifications made, customers and staff unaffected.
04
TSA exit, application and data migration, synergy capture tracked against the business case.
05
The operating model and technology transformation the deal made possible.
Services
Future-state operating model across technology, people, process and data. Separation Management Plans, roadmaps and cost to achieve.
Transition office stand-up, programme leadership, specialist resourcing and synergy tracking through to TSA exit.
Service schedules, pricing, service levels and exit plans, with TSAs treated as material arrangements under CPS 230.
Make the business separable before the sale process starts, so entanglement does not become a price chip.
Diagnostic, target-state architecture, business case and mobilisation. Legacy simplification and platform rationalisation.
Operating model redesign, sourcing strategy, vendor selection, transition and cutover, insourcing and contract exit.
Independent stage-gate assurance for boards and executives on transitions, outsourcing and major change.
Blended human and AI workforce design, governed for APRA-regulated environments.
2–3 weeks, pre-signing. Separation complexity, TSA scope, stranded cost and Day 1 risk, in a form the deal team can price.
2 weeks, post-close. Service coverage, exit readiness and CPS 230 treatment of each schedule.
3–4 weeks. An independent read on a programme in flight, reported to the sponsor.
How we work
Our partners ran separations from inside the institutions being separated. We know what the steering committee needs to see, where the TSA will leak, and what APRA will ask.
We cap how many engagements we run at once so that holds in practice, not only in the proposal.
CPS 230, CPS 234, SPS 515, ASIC and AUSTRAC obligations are designed into the transition plan from the start.
We build the programme and governance to run with your people, and scale down once it does.
No leverage pyramid. You pay for the people doing the work.
Track record
End-to-end separation and transition of AMP's advice business, including technology transformation.
Multi-jurisdictional separation of a regulated asset management platform.
Carve-out of the domestic real estate and infrastructure equity business.
Separation of a life insurer from its parent, technology and data stream.
270+
applications separated in a single technology and data separation
$13M → <$2M
annual technology run cost after separation and simplification
4
countries of delivery: Australia, UK, Singapore and Japan
Led by our partners in prior roles. Client names are shown where the transaction is public.
Sectors · Banking · Wealth & superannuation · Life insurance · Infrastructure & private markets · Technology
Team
Managing Partner
Large-scale, multi-jurisdictional separations and integrations in regulated financial services. Programme Director on the AMP Advice separation and the AMP Capital separations to DigitalBridge and Dexus. Earlier operating model work at Commonwealth Bank and Citi across Australia, the UK, Singapore and Japan.
LinkedIn
Founding Partner
Technology and data separations, TSA design and negotiation, and operating model transformation. Led separations across 270+ applications, including AMP Life to Resolution Life and the AMP Capital carve-out to multiple buyers.
LinkedInAssociated venture
ClarityIntel is AI-assisted due diligence for M&A, hosted in Australia. We use it to read a data room faster; the judgement stays with our partners.
Contact
A conversation is confidential and carries no obligation. If you are pre-announcement, say so and we will keep it to partners only.