The document provides a comprehensive guide to IT carve-outs, focusing on the processes, key considerations, and challenges involved, especially regarding data and SAP landscapes. It outlines a checklist with seven key steps for executing a successful carve-out, including defining the scope, assessing dependencies, and planning data migration, along with best practices for effective communication and change management. By following a systematic approach and utilizing the checklist, organizations can enhance the likelihood of a smooth transition during mergers, acquisitions, or divestitures.