{"id":72327,"date":"2026-04-01T12:38:19","date_gmt":"2026-04-01T11:38:19","guid":{"rendered":"https:\/\/www.clairfield.com\/?p=72327"},"modified":"2026-04-01T12:38:20","modified_gmt":"2026-04-01T11:38:20","slug":"carve-outs-and-creating-value-the-advisor-viewpoint","status":"publish","type":"post","link":"https:\/\/www.clairfield.com\/pl\/carve-outs-and-creating-value-the-advisor-viewpoint\/","title":{"rendered":"Carve-outs and creating value: the advisor viewpoint"},"content":{"rendered":"\n<p>Carve-outs involve many stakeholders and moving parts, and guiding these complex transactions is where our Clairfield advisors add invaluable value.<\/p>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:20%\">\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/www.clairfield.com\/team_member\/carina-kuffen\/?origin=\/?s=carina\"><img loading=\"lazy\" decoding=\"async\" width=\"600\" height=\"600\" src=\"https:\/\/www.clairfield.com\/wp-content\/uploads\/2025\/07\/DE-SHX-Kuffen-A.jpg\" alt=\"\" class=\"wp-image-68403\" srcset=\"https:\/\/www.clairfield.com\/wp-content\/uploads\/2025\/07\/DE-SHX-Kuffen-A.jpg 600w, https:\/\/www.clairfield.com\/wp-content\/uploads\/2025\/07\/DE-SHX-Kuffen-A-300x300.jpg 300w, https:\/\/www.clairfield.com\/wp-content\/uploads\/2025\/07\/DE-SHX-Kuffen-A-150x150.jpg 150w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/a><\/figure>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:80%\">\n<p>In this interview from Clairfield Outlook 2026, Carina K\u00fcffen, M&amp;A advisor at Clairfield in Germany, shares her perspective. Her focus is on transformation M&amp;A, special situations, carve-outs, and spin-offs, and she has advised on more than 70 complex M&amp;A transactions. She discusses how she approaches carve-outs differently and why detailed planning is critical to success: \u201cIn carve-outs, everything lies in the preparation phase. The very first task is to define the transaction object and the perimeter so buyers can understand what they are acquiring. That means being explicit about assets, contracts, people, governance, and the standalone organisation&#8217;s structure after separation. Buyers need to be aware of the past, present, and future financials. With a carve-out, you are not selling the history, you are selling the future.\u201d<\/p>\n\n\n\n<p>Read the full interview <a href=\"https:\/\/www.clairfield.com\/wp-content\/uploads\/2026\/04\/Clairfield-Outlook-2026-Refocus-The-advisor-viewpoint-Carina-Kuffen.pdf\">here<\/a>.<\/p>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:20%\"><\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:30%\">\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.clairfield.com\/wp-content\/uploads\/2026\/04\/Clairfield-Outlook-2026-Refocus-The-advisor-viewpoint-Carina-Kuffen.pdf\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"724\" src=\"https:\/\/www.clairfield.com\/wp-content\/uploads\/2026\/04\/Outlook-2026-Refocus-Carina-Kueffen-spread-1024x724.jpg\" alt=\"\" class=\"wp-image-72341\" srcset=\"https:\/\/www.clairfield.com\/wp-content\/uploads\/2026\/04\/Outlook-2026-Refocus-Carina-Kueffen-spread-1024x724.jpg 1024w, https:\/\/www.clairfield.com\/wp-content\/uploads\/2026\/04\/Outlook-2026-Refocus-Carina-Kueffen-spread-300x212.jpg 300w, https:\/\/www.clairfield.com\/wp-content\/uploads\/2026\/04\/Outlook-2026-Refocus-Carina-Kueffen-spread-768x543.jpg 768w, https:\/\/www.clairfield.com\/wp-content\/uploads\/2026\/04\/Outlook-2026-Refocus-Carina-Kueffen-spread.jpg 1128w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/a><\/figure>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\"><\/div>\n<\/div>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Carve-outs involve many stakeholders and moving parts, and guiding these complex transactions is where our Clairfield advisors add invaluable value. In this interview from Clairfield Outlook 2026, Carina K\u00fcffen, M&amp;A advisor at Clairfield in Germany, shares her perspective. Her focus is on transformation M&amp;A, special situations, carve-outs, and spin-offs, and she has advised on more &hellip;<\/p>\n","protected":false},"author":6,"featured_media":72329,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[345],"sector":[],"class_list":["post-72327","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-publications"],"acf":{"intro_text":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Carve-outs and creating value: the advisor viewpoint - Clairfield<\/title>\n<meta name=\"description\" content=\"In this interview from Clairfield Outlook 2026, Carina K\u00fcffen shares her perspective on carve-outs and creating value.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.clairfield.com\/carve-outs-and-creating-value-the-advisor-viewpoint\/\" \/>\n<meta property=\"og:locale\" content=\"pl_PL\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Carve-outs and creating value: the advisor viewpoint - Clairfield\" \/>\n<meta property=\"og:description\" content=\"In this interview from Clairfield Outlook 2026, Carina K\u00fcffen shares her perspective on carve-outs and creating value.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.clairfield.com\/carve-outs-and-creating-value-the-advisor-viewpoint\/\" \/>\n<meta property=\"og:site_name\" content=\"Clairfield\" \/>\n<meta property=\"article:published_time\" content=\"2026-04-01T11:38:19+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-04-01T11:38:20+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.clairfield.com\/wp-content\/uploads\/2026\/04\/Outlook-2026-Refocus-Carina-Kueffen.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2000\" \/>\n\t<meta property=\"og:image:height\" content=\"700\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Ioana\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Napisane przez\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ioana\" \/>\n\t<meta name=\"twitter:label2\" content=\"Szacowany czas czytania\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minuty\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.clairfield.com\/carve-outs-and-creating-value-the-advisor-viewpoint\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.clairfield.com\/carve-outs-and-creating-value-the-advisor-viewpoint\/\"},\"author\":{\"name\":\"Ioana\",\"@id\":\"https:\/\/www.clairfield.com\/#\/schema\/person\/32e287f35f6dc79727b2c6f8b2c926cc\"},\"headline\":\"Carve-outs and creating value: the advisor viewpoint\",\"datePublished\":\"2026-04-01T11:38:19+00:00\",\"dateModified\":\"2026-04-01T11:38:20+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.clairfield.com\/carve-outs-and-creating-value-the-advisor-viewpoint\/\"},\"wordCount\":164,\"publisher\":{\"@id\":\"https:\/\/www.clairfield.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.clairfield.com\/carve-outs-and-creating-value-the-advisor-viewpoint\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.clairfield.com\/wp-content\/uploads\/2026\/04\/Outlook-2026-Refocus-Carina-Kueffen.jpg\",\"articleSection\":[\"Publications\"],\"inLanguage\":\"pl-PL\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.clairfield.com\/carve-outs-and-creating-value-the-advisor-viewpoint\/\",\"url\":\"https:\/\/www.clairfield.com\/carve-outs-and-creating-value-the-advisor-viewpoint\/\",\"name\":\"Carve-outs and creating value: the advisor viewpoint - Clairfield\",\"isPartOf\":{\"@id\":\"https:\/\/www.clairfield.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.clairfield.com\/carve-outs-and-creating-value-the-advisor-viewpoint\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.clairfield.com\/carve-outs-and-creating-value-the-advisor-viewpoint\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.clairfield.com\/wp-content\/uploads\/2026\/04\/Outlook-2026-Refocus-Carina-Kueffen.jpg\",\"datePublished\":\"2026-04-01T11:38:19+00:00\",\"dateModified\":\"2026-04-01T11:38:20+00:00\",\"description\":\"In this interview from Clairfield Outlook 2026, Carina K\u00fcffen shares her perspective on carve-outs and creating value.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.clairfield.com\/carve-outs-and-creating-value-the-advisor-viewpoint\/#breadcrumb\"},\"inLanguage\":\"pl-PL\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.clairfield.com\/carve-outs-and-creating-value-the-advisor-viewpoint\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"pl-PL\",\"@id\":\"https:\/\/www.clairfield.com\/carve-outs-and-creating-value-the-advisor-viewpoint\/#primaryimage\",\"url\":\"https:\/\/www.clairfield.com\/wp-content\/uploads\/2026\/04\/Outlook-2026-Refocus-Carina-Kueffen.jpg\",\"contentUrl\":\"https:\/\/www.clairfield.com\/wp-content\/uploads\/2026\/04\/Outlook-2026-Refocus-Carina-Kueffen.jpg\",\"width\":2000,\"height\":700},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.clairfield.com\/carve-outs-and-creating-value-the-advisor-viewpoint\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.clairfield.com\/pl\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Carve-outs and creating value: the advisor viewpoint\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.clairfield.com\/#website\",\"url\":\"https:\/\/www.clairfield.com\/\",\"name\":\"Clairfield\",\"description\":\"Zdefiniowani przez Tw\u00f3j sukces\",\"publisher\":{\"@id\":\"https:\/\/www.clairfield.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.clairfield.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"pl-PL\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.clairfield.com\/#organization\",\"name\":\"Clairfield\",\"url\":\"https:\/\/www.clairfield.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"pl-PL\",\"@id\":\"https:\/\/www.clairfield.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.clairfield.com\/wp-content\/uploads\/2022\/07\/Clairfield_Light.png\",\"contentUrl\":\"https:\/\/www.clairfield.com\/wp-content\/uploads\/2022\/07\/Clairfield_Light.png\",\"width\":6393,\"height\":1182,\"caption\":\"Clairfield\"},\"image\":{\"@id\":\"https:\/\/www.clairfield.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.clairfield.com\/#\/schema\/person\/32e287f35f6dc79727b2c6f8b2c926cc\",\"name\":\"Ioana\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"pl-PL\",\"@id\":\"https:\/\/secure.gravatar.com\/avatar\/4b47d2e986e2d3ea4f39065149a1a5faa0fdec6c41e61451d9c6a8a05dcd0790?s=96&d=mm&r=g\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/4b47d2e986e2d3ea4f39065149a1a5faa0fdec6c41e61451d9c6a8a05dcd0790?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/4b47d2e986e2d3ea4f39065149a1a5faa0fdec6c41e61451d9c6a8a05dcd0790?s=96&d=mm&r=g\",\"caption\":\"Ioana\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Carve-outs and creating value: the advisor viewpoint - Clairfield","description":"In this interview from Clairfield Outlook 2026, Carina K\u00fcffen shares her perspective on carve-outs and creating value.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.clairfield.com\/carve-outs-and-creating-value-the-advisor-viewpoint\/","og_locale":"pl_PL","og_type":"article","og_title":"Carve-outs and creating value: the advisor viewpoint - Clairfield","og_description":"In this interview from Clairfield Outlook 2026, Carina K\u00fcffen shares her perspective on carve-outs and creating value.","og_url":"https:\/\/www.clairfield.com\/carve-outs-and-creating-value-the-advisor-viewpoint\/","og_site_name":"Clairfield","article_published_time":"2026-04-01T11:38:19+00:00","article_modified_time":"2026-04-01T11:38:20+00:00","og_image":[{"width":2000,"height":700,"url":"https:\/\/www.clairfield.com\/wp-content\/uploads\/2026\/04\/Outlook-2026-Refocus-Carina-Kueffen.jpg","type":"image\/jpeg"}],"author":"Ioana","twitter_card":"summary_large_image","twitter_misc":{"Napisane przez":"Ioana","Szacowany czas czytania":"2 minuty"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.clairfield.com\/carve-outs-and-creating-value-the-advisor-viewpoint\/#article","isPartOf":{"@id":"https:\/\/www.clairfield.com\/carve-outs-and-creating-value-the-advisor-viewpoint\/"},"author":{"name":"Ioana","@id":"https:\/\/www.clairfield.com\/#\/schema\/person\/32e287f35f6dc79727b2c6f8b2c926cc"},"headline":"Carve-outs and creating value: the advisor viewpoint","datePublished":"2026-04-01T11:38:19+00:00","dateModified":"2026-04-01T11:38:20+00:00","mainEntityOfPage":{"@id":"https:\/\/www.clairfield.com\/carve-outs-and-creating-value-the-advisor-viewpoint\/"},"wordCount":164,"publisher":{"@id":"https:\/\/www.clairfield.com\/#organization"},"image":{"@id":"https:\/\/www.clairfield.com\/carve-outs-and-creating-value-the-advisor-viewpoint\/#primaryimage"},"thumbnailUrl":"https:\/\/www.clairfield.com\/wp-content\/uploads\/2026\/04\/Outlook-2026-Refocus-Carina-Kueffen.jpg","articleSection":["Publications"],"inLanguage":"pl-PL"},{"@type":"WebPage","@id":"https:\/\/www.clairfield.com\/carve-outs-and-creating-value-the-advisor-viewpoint\/","url":"https:\/\/www.clairfield.com\/carve-outs-and-creating-value-the-advisor-viewpoint\/","name":"Carve-outs and creating value: the advisor viewpoint - Clairfield","isPartOf":{"@id":"https:\/\/www.clairfield.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.clairfield.com\/carve-outs-and-creating-value-the-advisor-viewpoint\/#primaryimage"},"image":{"@id":"https:\/\/www.clairfield.com\/carve-outs-and-creating-value-the-advisor-viewpoint\/#primaryimage"},"thumbnailUrl":"https:\/\/www.clairfield.com\/wp-content\/uploads\/2026\/04\/Outlook-2026-Refocus-Carina-Kueffen.jpg","datePublished":"2026-04-01T11:38:19+00:00","dateModified":"2026-04-01T11:38:20+00:00","description":"In this interview from Clairfield Outlook 2026, Carina K\u00fcffen shares her perspective on carve-outs and creating value.","breadcrumb":{"@id":"https:\/\/www.clairfield.com\/carve-outs-and-creating-value-the-advisor-viewpoint\/#breadcrumb"},"inLanguage":"pl-PL","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.clairfield.com\/carve-outs-and-creating-value-the-advisor-viewpoint\/"]}]},{"@type":"ImageObject","inLanguage":"pl-PL","@id":"https:\/\/www.clairfield.com\/carve-outs-and-creating-value-the-advisor-viewpoint\/#primaryimage","url":"https:\/\/www.clairfield.com\/wp-content\/uploads\/2026\/04\/Outlook-2026-Refocus-Carina-Kueffen.jpg","contentUrl":"https:\/\/www.clairfield.com\/wp-content\/uploads\/2026\/04\/Outlook-2026-Refocus-Carina-Kueffen.jpg","width":2000,"height":700},{"@type":"BreadcrumbList","@id":"https:\/\/www.clairfield.com\/carve-outs-and-creating-value-the-advisor-viewpoint\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.clairfield.com\/pl\/"},{"@type":"ListItem","position":2,"name":"Carve-outs and creating value: the advisor viewpoint"}]},{"@type":"WebSite","@id":"https:\/\/www.clairfield.com\/#website","url":"https:\/\/www.clairfield.com\/","name":"Clairfield","description":"Zdefiniowani przez Tw\u00f3j sukces","publisher":{"@id":"https:\/\/www.clairfield.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.clairfield.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"pl-PL"},{"@type":"Organization","@id":"https:\/\/www.clairfield.com\/#organization","name":"Clairfield","url":"https:\/\/www.clairfield.com\/","logo":{"@type":"ImageObject","inLanguage":"pl-PL","@id":"https:\/\/www.clairfield.com\/#\/schema\/logo\/image\/","url":"https:\/\/www.clairfield.com\/wp-content\/uploads\/2022\/07\/Clairfield_Light.png","contentUrl":"https:\/\/www.clairfield.com\/wp-content\/uploads\/2022\/07\/Clairfield_Light.png","width":6393,"height":1182,"caption":"Clairfield"},"image":{"@id":"https:\/\/www.clairfield.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/www.clairfield.com\/#\/schema\/person\/32e287f35f6dc79727b2c6f8b2c926cc","name":"Ioana","image":{"@type":"ImageObject","inLanguage":"pl-PL","@id":"https:\/\/secure.gravatar.com\/avatar\/4b47d2e986e2d3ea4f39065149a1a5faa0fdec6c41e61451d9c6a8a05dcd0790?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/4b47d2e986e2d3ea4f39065149a1a5faa0fdec6c41e61451d9c6a8a05dcd0790?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/4b47d2e986e2d3ea4f39065149a1a5faa0fdec6c41e61451d9c6a8a05dcd0790?s=96&d=mm&r=g","caption":"Ioana"}}]}},"_links":{"self":[{"href":"https:\/\/www.clairfield.com\/pl\/wp-json\/wp\/v2\/posts\/72327","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.clairfield.com\/pl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.clairfield.com\/pl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.clairfield.com\/pl\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.clairfield.com\/pl\/wp-json\/wp\/v2\/comments?post=72327"}],"version-history":[{"count":3,"href":"https:\/\/www.clairfield.com\/pl\/wp-json\/wp\/v2\/posts\/72327\/revisions"}],"predecessor-version":[{"id":72386,"href":"https:\/\/www.clairfield.com\/pl\/wp-json\/wp\/v2\/posts\/72327\/revisions\/72386"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.clairfield.com\/pl\/wp-json\/wp\/v2\/media\/72329"}],"wp:attachment":[{"href":"https:\/\/www.clairfield.com\/pl\/wp-json\/wp\/v2\/media?parent=72327"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.clairfield.com\/pl\/wp-json\/wp\/v2\/categories?post=72327"},{"taxonomy":"sector","embeddable":true,"href":"https:\/\/www.clairfield.com\/pl\/wp-json\/wp\/v2\/sector?post=72327"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}