TSA Advisory LLC is 100 percent buyer-side. The statement is structural, not aspirational. This page sets out the commercial relationships the firm does and does not maintain, so that a prospective client can verify the position before signing an engagement letter.
Last updated: 13 May 2026
The firm advises buyers of carved-out businesses on Transition Services Agreements. The firm has never represented a seller in a TSA negotiation, in TSA execution, in TSA renegotiation, or in TSA dispute resolution. The firm's operating agreement prohibits seller side engagements.
There is no seller side practice in an adjacent office, no seller side team under a different brand, no seller side affiliate. The firm is a single line of business. That line of business is buyer-side TSA advisory.
The firm does not accept referral fees, finder's fees, rebates, or other consideration from IT outsourcers, BPO providers, software vendors, payroll providers, cloud platforms or any other party that benefits commercially from TSA work. The firm does not have a partner program with any vendor. The firm does not resell software.
When the firm recommends a vendor inside an engagement, the recommendation is on the merits of the vendor for the client's situation. The firm has no commercial interest in the recommendation.
The firm is not a Big 4 affiliate, a Big 4 alumni network practice, or a sub contractor to a Big 4 carve-out practice. The firm does not refer work to Big 4 firms in exchange for inbound referrals.
Where a Big 4 firm is already engaged on the buyer's side of a transaction, the firm coordinates as required by the engagement. The firm does not coordinate with a Big 4 firm that is sitting on the seller's side of the same transaction.
Before the firm signs an engagement letter, a conflict check is run against the firm's full active and recent client list. If a prospective engagement would put the firm on the opposite side of the table from an existing or recent client, the firm declines.
Where a private equity client has more than one portfolio company doing business with the same seller, the firm will only act on one side of that relationship. The other side is declined.
The firm engages on a Fixed Fee or Portfolio Retainer basis. Both are flat fees, agreed before work begins. The firm does not bill hourly. The firm does not offer contingency, savings share or performance based fees. The firm does not take a percentage of TSA savings as compensation.
The economic interest the firm has in any engagement is the engagement fee itself. There is no upside tied to the negotiation outcome and no downside that incentivizes the firm to recommend a faster, weaker exit. Engagement models are documented on the Engagement Models page.
Client engagement materials are confidential. The firm does not place client logos on tsaexit.com, in pitch decks, or in marketing collateral. Public references to engagements are anonymized and generalized, and only use language a client has approved in writing.
Across portfolio retainer engagements, learnings are anonymized before they appear in cross deal benchmarks. No portfolio company is identified to another portfolio company. No private equity client receives information about another private equity client.
TSA Advisory LLC is privately held. The firm has no outside investors, no private equity backing of its own, and no parent organization. The firm cannot be pulled in a direction by a financial sponsor whose interests sit on the other side of a transaction.
Ownership disclosures are available on request to qualified prospective clients during diligence.
The commitment is structural, not aspirational. The firm is built so that it cannot drift the other way.
This statement is reviewed at least annually and updated when the firm's structure or commercial relationships change. The current version is always at this URL. The "Last updated" date at the top reflects the most recent change. Questions go to compliance@tsaexit.com.