This report, published in association with Baker Tilly International, looks at the trends and challenges driving divestitures and M&A in the US. It provides insights into new opportunities and best practices for dealmakers.

Dealmakers are sending strong and clear signals that divestitures will play a pivotal role in shaping corporate strategies and driving M&A, especially in the US market going forward. Nearly half of dealmakers (48%) interviewed for this research are considering divestitures or carve-outs, having already completed at least one such transaction in the past 12-24 months. This underscores a growing recognition of the value that divestitures can bring to organisations, not merely as a means of shedding non-core assets but as a strategic manoeuvre to streamline operations and enhance financial performance.

This study reveals:

• The impact divestitures will have on the US M&A market in 2024 and beyond
• Key drivers of asset sell-offs
• How carve-outs are being used – and how dealmakers can maximize value from these deals
• Challenges impacting the divestiture outcomes – and where improvements can be made