Top Data Room Providers for M&A
When choosing a dataroom virtual pick one that has an intuitive user interface that supports the most widely used formats for files and comes with in-platform viewing. The best VDRs offer customer support to help resolve any issues that arise during due diligence. When choosing a VDR provider it is important to choose one that supports the particular industry you work in, so you can benefit from industry-specific functions and streamline collaboration and accelerate processes.
Intralinks specifically designed for global banking and M&A provides sophisticated data management and streamlined processes to ensure top-tier security for confidential documents shared on its portals online. Its automated setup with pre-configured workflows and control assist users in getting up and running quickly. Granular permissions and controls also ensure that only those who have the ability to access information can access it. With access to mobile devices and 24/7 customer support, it’s an ideal option for on-the-go M&A teams.
Datasite Diligence is a leading solution for M&A. It integrates security and collaboration to simplify deals and enhance M&A workflows. Its AI tools streamline the due diligence process, automating tasks by categorizing and redacting information and revealing insights into bidder behavior and motivations. Users can also count on lightning-fast Q&A responses and central task tracking to ensure that they are organized throughout the course of the deal.
The company was founded in 2011 Digify claims to offer the simplest data space available, with quick setup and basic features such as drag-and-drop bulk uploads, security displays customizable NDAs and access control that is granular. The platform supports external integrations as well as 2-factor authentication and notifications.