Joint ventures and alliances

Joint ventures and alliances are increasingly important strategic tools for companies seeking to drive innovation and growth with market-disrupting technologies. A joint venture (JV) can provide the benefits of collaboration without the financial risks associated with mergers and acquisitions (M&A).

What EY joint ventures and alliances services can do for you

Companies across industries and geographic borders may participate in joint ventures to access scale, new markets, unique technology or to share risks tied to taxation, financing and digitalization. The diversity of reasons for adopting a joint venture versus a strategic alliance — and the variety of assets contributed to a venture — will demand customized legal, governance and operational design. Many corporate development departments need help to develop centralized, consistent insights focused on how to manage the increase in joint ventures and alliances.

When to consider joint venture versus strategic alliance?

Depending on the industry, opportunity and financial realities of a situation, businesses may need to swiftly contemplate a joint venture versus strategic alliance. A joint venture may require deep integration, while a strategic alliance can quickly harness emerging technology and knowledge from other industries as ecosystems expand.

How EY can help with joint ventures and alliances

We help clients by bringing a true end-to-end life cycle approach to a joint venture or strategic alliance. We provide integrated strategy, financial, operations, tax, risk, technology, cybersecurity and talent capabilities. This is enhanced by our artificial intelligence (AI)-enabled suite of Connected Capital Technologies: Strategy Edge, Diligence Edge and Capital Edge.

Across the joint venture life cycle, EY professionals can help companies with:

Joint venture and alliances planning

  • Strategy and business plan development
  • Joint venture scope definition
  • Partner selection assistance
  • Commercial analysis
  • Financial, legal and tax structuring
  • Valuation of asset contributions and equity stake
  • Clean room analysis of synergy potential
  • Standalone and one-time cost analysis

Forming a joint venture or alliance

  • Integration and separation planning
  • Regulatory, tax, legal entity, technology and cybersecurity planning
  • Joint venture financing
  • Financial reporting planning
  • Board governance and structuring advice
  • Dispute resolution and exit planning
  • Tax, accounting and reporting impact for different entity structures
  • Parent company service agreements

Operation

  • Growth and synergy realization
  • Integration management including technology
  • Organizational design
  • Culture, communication and change management
  • Financial and tax reporting
  • Partner capital management

Joint venture and alliance dissolution

  • Investigation and dispute resolution
  • Valuation assistance
  • Tax planning
  • Separation planning and execution
  • Carve-out financial statements

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    The team

    Brian Salsberg

    EY Global Buy and Integrate Leader
    Passionate acquisition and merger integration leader and aficionado of all things deal-related. Global citizen. World traveler. Husband. Father of two.
    New York, USA

    Elizabeth Kaske

    EY Americas Strategy and Transactions Buy & Integrate Leader
    Focused on mergers, acquisitions, divestitures and large-scale transformations. Mother, golfer, runner. Enjoys yoga, wakesurfing and global travel.
    San Francisco, USA

    Jasper Bruins

    EY-Parthenon Western Europe and Maghreb Transaction Strategy and Execution Leader
    Experienced strategic advisor on mergers, acquisitions, carve-outs, joint ventures and integrations. Loves soccer and skiing. Passionate about gardening.
    Amsterdam, NLD

    Iwan Margono

    EY Asia-Pacific Buy and Integrate Leader; EY-Parthenon Indonesia Leader; Partner, PT Ernst & Young Indonesia
    Seasoned growth strategy advisor. Frequent appearances on TV business programs. Guest lecturer at universities, writer for business magazines and newspapers. Avid reader and a history buff.
    Jakarta, IDN

    Andy Lorenzetti

    EY Americas Sell and Separate Leader
    Experienced advisor helping the top life sciences, industrials, tech and other companies enact strategic divestment decisions. Father of four boys. Lucky husband. Shore person who loves watersports.
    Iselin, USA

    Sonal Bhatia

    Americas EY-Parthenon Transaction Strategy & Execution Leader
    Passionate about helping clients achieve their full potential through rigorous execution of their growth, portfolio and M&A strategy. Ardent supporter of diversity and inclusiveness in the workplace.
    Chicago, USA

    Khalid Khan

    EY Americas Strategy and Transactions AI Leader
    Harnesses the power of data and mathematics to drive purpose-led, sustainable transformation for clients. Avid traveler. Proud father.
    Chicago, USA

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