What Is Tsa in Divestiture?
1 One of the Most Critical Elements of a Divestiture Is the Transition Services Agreement (Tsa) in Which the Seller Agrees to Provide Specific Services on...
1 One of the most critical elements of a divestiture is the Transition Services Agreement (TSA) in which the seller agrees to provide specific services on behalf of the buyer to maintain business continuity while the buyer prepares to receive and operate the new business.
What does TSA stand for in divestiture?
A transitional service agreement (TSA) is a type of agreement that is made between the buyer and seller of a company. In this arrangement, the seller agrees to provide certain services to the buyer at a predetermined price.
What is TSA service?
“A transitional service agreement (TSA) is made between a buyer and seller and contemplates having the seller provide infrastructure support such as accounting, IT, and HR after the transaction closes.