Author: Cat Ulrich

As an associate in Dorsey’s corporate group, Cat helps companies across a variety of industries in addressing business needs and goals.

Transition Service Agreements (TSA): Understanding the Key Considerations

Often, when a buyer purchases a specific business unit of a company, complexities arise for both buyer and seller as the business unit being sold frequently depends upon several services provided by the seller. At the time of closing, the buyer may not have the infrastructure, resources, or functionality to initially support these services. Transition services agreements (“TSAs”, for short) are effective tools in addressing these issues and can help ensure a smooth transition during the divestiture. A TSA is...