This paper investigates the role of IT governance and business-IT alignment in company divestment. Divestments are described as strategy’s missing link. Divestment is commonly an affirmation of dynamic volatile internal or external business landscapes and the aspiration is consistently to bolster and underline the company’s efficacy and performance. Divestiture will oblige enactment of the company business strategy and it thus includes a strategic proportion. Divestment can be a pertinent and lucrative strategy. The successful accomplishment of a divestiture is generally calculated by the dimension of accomplishment in realizing the elemental strategic goal that the company set out to achieve when adopting a divestment strategy. The paper will also highlight the relevance of Information Technology (IT) in a divestment strategy by discussing the habits of an effective IT governance model and the business-IT alignment levels and approaches to support the company’s strategy and goals, even if it is a divestment strategy.