Providing exceptional service to all of our clients.
One of the FNB Investment Banking team's areas of focus is mergers and acquisitions. A merger, acquisition, or recapitalization transaction is one of the most significant and complex undertakings within a company's lifecycle.
Our Investment Banking team actively advises clients on the carve-out or sale of non-core or non-strategic divisions, product lines or manufacturing facilities. The professionals work with clients to analyze the potential value of the carved-out entity in a sale transaction, the ability to reallocate capital to support other strategic objectives and the potential disruption to the core business.
Our FNB professionals have helped clients successfully complete corporate carve-outs in the U.S. and abroad in highly complex situations. When investigating the potential for a corporate carve-out, it is highly recommended that a company engage the assistance of a financial advisor that has experience with these types of transactions.
Corporate carve-outs are intricate transactions. Significant time and attention are needed to successfully complete carve-outs. Complexity arises from the fact that, in many situations, a highly integrated business unit needs to be separated from its parent company, without damaging the core operations. Sellers must deal with numerous complications in these transactions related to co-mingled resources, including facilities, IT systems, distribution contracts, vendor contracts, financial reporting, inventory and employees. Significant advance planning on any carve-out transaction is critical to a successful transition.
Transition service contracts are critical components of corporate carve-outs, particularly where the operations of the division are integrated with the parent company. The scope of transition services should be carefully coordinated between both the buyer and seller. Transition service agreements can encompass IT support, ERP system transfer, supply agreements, lease agreements, distribution agreements, field service agreements and tolling arrangements, among others.
FNB America Securities LLC is a registered broker-dealer with the U.S. Securities and Exchange Commission (SEC) and the Municipal Securities Rulemaking Board (MSRB) and is a member of the Financial Industry Regulatory Authority (FINRA), and the Securities Investor Protection Corporation (SIPC). (It formerly was doing business as WauBank Securities LLC, which recently acquired Raptor Partners LLC.) FNB America Securities LLC is a wholly owned subsidiary of F.N.B. Corporation.
Our principal place of business is:
FNB America Securities LLC
626 Washington Place
Pittsburgh, PA 15219
(412) 230-8280
You may obtain information about the background of FNB America Securities LLC and its registered representatives by visiting FINRA’s BrokerCheck, which provides free tools to research the professional backgrounds of brokers and brokerage firms. BrokerCheck: https://brokercheck.finra.org/ Additional information about SIPC, including the SIPC brochure, may be found at https://www.sipc.org/
