Document background
The Transition Services Agreement (TSA) is essential in corporate transactions where one entity needs to provide temporary support services to another following a separation or acquisition. This document is particularly relevant under Danish law when businesses undergo restructuring, mergers, acquisitions, or divestitures. The agreement typically covers critical services such as IT, HR, accounting, or operational support necessary for business continuity. It includes detailed provisions on service levels, costs, duration, and transition management, while ensuring compliance with Danish regulatory requirements including data protection, employment laws, and competition regulations. The TSA is crucial for maintaining operational stability and facilitating a smooth transition while the recipient entity develops or procures its own capabilities.
