Transition Service Agreements: Key Considerations for Sellers in 2026
Transition Service Agreements (TSAs) in 2026 LMM deals define post-close services the seller provides the buyer during the integration period. Key considerations: scope (which services and for how long), fees (typically at-cost plus 5-15% margin, or fixed monthly), liability caps (usually capped at fees received), termination rights, and dispute resolution. The five mistakes that cost […]
How Search Funds Finance Acquisitions (and What Sellers Should Know)
How Search Funds Finance Acquisitions (and What Sellers Should Know) Quick Answer Search funds are investment vehicles where entrepreneurs raise capital from investors to search for and acquire an existing business, typically a founder-owned company generating 500k to 5 million in EBITDA. The model operates in two phases: a search phase where the entrepreneur identifies […]