Negotiable
Outside
Hybrid
London Area, United Kingdom
Summary: The Carve-Out Specialist role involves leading the strategic separation of a substantial SaaS business unit from its parent group within a large-cap private equity backed software organization. This hands-on leadership position requires collaboration with executive stakeholders and external advisors across various workstreams to establish the new entity as a fully operational legal entity. The role demands a proven track record in managing complex carve-outs and a deep understanding of SaaS business models. The successful candidate will drive the execution of the carve-out from planning through to post-separation stabilization.
Key Responsibilities:
- Lead end-to-end carve-out execution from separation planning through to Day 1 readiness and post-separation stabilisation
- Drive the operational, legal, financial, and technical disentanglement of the business from the parent group
- Coordinate and manage third-party advisors (legal, tax, accounting, IT, and transaction specialists)
- Establish the newco structure, including governance, legal entity setup, and operational frameworks
- Oversee TSA (Transitional Services Agreement) design, negotiation, and exit planning
- Ensure continuity of SaaS operations, including customer contracts, billing systems, and service delivery
- Partner with senior leadership to define and execute separation strategy and timelines
- Identify and mitigate risks across all carve-out workstreams
- Support future exit readiness and value creation initiatives post-separation
Key Skills:
- Proven track record of leading multiple complex carve-outs and divestitures within large-scale organisations
- Deep experience in SaaS / software business models, including recurring revenue, subscription billing, and cloud-based operations
- Demonstrated experience setting up standalone legal entities (NewCo) following separation
- Strong understanding of TSAs, financial separation, and operational disentanglement
- Experience working alongside Tier 1 advisory firms (e.g. Big 4, legal advisors, investment banks)
- Ability to operate at both strategic and execution levels in a fast-paced, high-stakes environment
- Exceptional stakeholder management skills, including C-suite engagement
- Prior experience supporting private equity-backed or exit-driven environments is highly desirable
Salary (Rate): undetermined
City: London
Country: United Kingdom
Working Arrangements: hybrid
IR35 Status: outside IR35
Seniority Level: undetermined
Industry: IT
Carve-Out Specialist (Software – Large Cap Private Equity)
Location: London / Hybrid
Type: Interim Outside IR35
Start: By end of June RB1505
Overview
We are supporting a large-cap private equity backed software organisation undertaking a significant strategic divestiture. This is a high-impact opportunity for an experienced Carve-Out Specialist to lead the separation of a substantial SaaS business unit from its parent group and establish it as a fully operational, standalone legal entity. This is a hands-on leadership role working closely with executive stakeholders and external advisors across legal, financial, operational, and technical workstreams.
Key Responsibilities
- Lead end-to-end carve-out execution from separation planning through to Day 1 readiness and post-separation stabilisation
- Drive the operational, legal, financial, and technical disentanglement of the business from the parent group
- Coordinate and manage third-party advisors (legal, tax, accounting, IT, and transaction specialists)
- Establish the newco structure, including governance, legal entity setup, and operational frameworks
- Oversee TSA (Transitional Services Agreement) design, negotiation, and exit planning
- Ensure continuity of SaaS operations, including customer contracts, billing systems, and service delivery
- Partner with senior leadership to define and execute separation strategy and timelines
- Identify and mitigate risks across all carve-out workstreams
- Support future exit readiness and value creation initiatives post-separation
Key Requirements
- Proven track record of leading multiple complex carve-outs and divestitures within large-scale organisations
- Deep experience in SaaS / software business models, including recurring revenue, subscription billing, and cloud-based operations
- Demonstrated experience setting up standalone legal entities (NewCo) following separation
- Strong understanding of TSAs, financial separation, and operational disentanglement
- Experience working alongside Tier 1 advisory firms (e.g. Big 4, legal advisors, investment banks)
- Ability to operate at both strategic and execution levels in a fast-paced, high-stakes environment
- Exceptional stakeholder management skills, including C-suite engagement
- Prior experience supporting private equity-backed or exit-driven environments is highly desirable