In January, Deloitte held a webcast for merger and acquisition (M&A) professionals, and the polls it conducted during the event provide some interesting data points. Among the 520 respondents, nearly half (47.9%) said their company is looking to execute a divestiture in 2023. Fifty-four percent of those said they plan to sell a business unit or company to another organization. Fourteen percent expect to spin off a business unit, and another 14 percent expect to perform an equity carveout—a partial sale via initial public offering (IPO).

Treasury & Risk sat down with Brenda Ciampolillo, a managing director in M&A for Deloitte Risk & Financial Advisory, to find out whether the poll results reflect what her team is seeing play out within client organizations—and what treasury and finance professionals should be doing today to prepare for the divestitures they may be supporting in the near future.

Treasury & Risk:  Thanks for taking the time to speak with us! Do you have historical information to compare with these webcast polls? Is the frequency of divestitures increasing?