Carve-Outs Explained: Definition, Types, Process, Examples & Business Benefits

A carve-out is a strategic business move where a company separates a division or subsidiary to operate independently or be sold. This guide explores the definition, different types of carve-outs (equity carve-outs, spin-offs, asset divestitures), step-by-step processes, and real-world examples. Learn how carve-outs help companies streamline operations, unlock value, and improve financial performance while ensuring a smooth transition.