Pre-Signing · 4 Weeks

Pressure-test the TSA before you sign it.

Pre-signing is the highest leverage window in a TSA. Once you sign, the seller's pricing and scope become your contract. We audit the service catalog, benchmark the cost-plus methodology, and rewrite the exit clauses while you still have negotiating power.

When You Need This

The window closes the day you sign.

Most TSAs are negotiated in the final two weeks before close, by deal teams whose primary metric is the headline price of the transaction. The TSA gets the leftover hours. That is exactly when an independent pressure test pays for itself many times over.

  1. i.

    Signing is 2 to 6 weeks out.

    You have time to negotiate. Real changes are still possible. After signature, every change is an amendment and an extension fee event.

  2. ii.

    The service catalog feels heavy.

    The seller has presented 120 to 200 line items. You suspect bundling, padded scope, or services the buyer does not need post-close.

  3. iii.

    The pricing methodology is unfamiliar.

    Cost-plus with a 30 to 40 percent mark-up. Pass-through items that are not actually passed through. No benchmark to argue against.

  4. iv.

    The exit clauses do not match the plan.

    Extension fee curve escalates to 150 percent. Service withdrawal rights protect the seller. The buyer's value creation plan and the TSA exit ramp are not aligned.

  5. v.

    The legal team is buyer-strong but TSA-light.

    Your M&A counsel knows the SPA cold. They have not negotiated 50 TSAs. We sit alongside, on your side, with the TSA reps in our hands.

Documentary view of TSA contract pages under review before signing
What We Deliver

Six artifacts. One negotiating position.

Every deliverable is a working document the buyer uses in the room. Not a deck for the steering committee. Specific line edits, specific counterproposals, specific numbers.

Deliverable 01

Service catalog audit

Line by line review of every service in the catalog. Need, scope, duration, replacement cost, and whether the buyer should reject, scope down, or accept.

Deliverable 02

Pricing benchmark

Cost-plus mark-ups compared against industry benchmarks by service type. Pass-through validation. Where the seller is above market, by how much.

Deliverable 03

Exit clause leverage memo

Extension fee curve analysis. Milestone trigger review. Service withdrawal rights. A specific rewrite of the exit ramp in language that favors the buyer.

Deliverable 04

Service level review

SLA enforceability assessment. Credit calculations. Escalation paths. A real remedy structure the buyer can invoke after Day One.

Deliverable 05

Governance committee design

Chair structure. Voting weights. Cadence. Dispute escalation. The committee design is where most TSAs are quietly lost. We design it for the buyer.

Deliverable 06

Negotiation playbook

Side by side seller positions and buyer counterproposals. Walk away thresholds. Trade chips. The exact language to bring to the redline session.

Outcomes

What buyers have achieved with this engagement.

Anonymized results from prior engagements. Full case studies available on request under NDA.

$4.2M
Saved · Industrial Carve-Out

Service catalog reset before signing

$9M annual TSA reduced to $6.4M through service catalog rationalization and cost-plus benchmark reset. Pre-signing, no amendments required.

35%
Extension Fee Reduction

Tech carve-out exit ramp rewrite

Original extension fee curve escalated to 150 percent of base by month 6. Rewritten curve caps at 115 percent. Saved on a 24-month TSA.

88
Line Items, From 150

Healthcare service catalog rationalization

Removed 62 redundant or bundled services. Renegotiated 12 line items down to cost. The buyer's TSA burn rate dropped on Day One.

Pre-Signing

The window closes once you sign.

Fixed-fee proposal in 48 hours. Senior team on day one. The first conversation is always free.