A small but important aspect that can either make or break your deal.

From Sweaty Meeting Rooms to Virtual Efficiency.

It can easily be said that the data room we use nowadays is not what it was 20 years ago. It is no longer a physical data room with crappy sandwiches and sweaty meeting rooms. The due diligence process has traditionally used a physical data room to accomplish the disclosure of documents. Why? Costs, efficiency and security matters resulted in the replacement of physical data rooms for virtual data rooms (VDR). How? The answer is technology! VDR solutions gave a whole new meaning to your M&A deal.

But what exactly is a Virtual Data Room?

A VDR is an online repository to which bidders and advisors are given access via the internet. The VDR enables interested parties to view information, depending on their roles and permissions, in a controlled environment where confidentiality can be kept. It is a secure platform that comes with a secure log-on (2FA), preventing unauthorised persons from getting access.

A VDR is used to manage the due diligence process during an M&A transaction, loan syndication or private equity and venture capital transactions.

The importance of picking the right Virtual Data Room Provider.

Not every data room provider is able to deliver a platform that meets the most important requirements. But how do you know what the standards are? Virtual Vaults, a worldwide company headquartered in the Netherlands, lives up to the following standards: