A recent VC report states that 75% of VC firms will use data rooms, data analytics, and AI for fundraising processes by 2025. So, what’s

Is your current business system just a basic toolkit for file sharing or workflow management? Combine virtual data rooms with your software and turn your

As businesses adapt to the demands of 2024, cloud-based file-sharing and storage solutions have become essential tools.  Gartner analysts predict that by 2025, over 85%

Are you a startup navigating initial funding rounds? Or a large corporation managing complex transactions? Selecting an appropriate virtual data room software plan can significantly

In today’s business environment, being continuously connected is critical for many activities, from contract management to mergers and acquisitions.  Now imagine you have the power

The file-sharing market is blooming — It’s projected to grow 8.5 times by 2033. While there are many solutions, Citrix Sharefile and Dropbox are prominent

The top accounting trends shaping 2024 are the widespread adoption of artificial intelligence, the continued rise of cloud computing, heightened focus on cybersecurity, and significant

Although small companies may seem like minor players, they actually have the power to bring about meaningful change and make significant economic contributions. For instance,

Mergers and acquisitions are complex business deals that bring two companies together to create new opportunities, expand their market influence, and achieve strategic goals. Whatever

Effective M&A communication is the cornerstone of post-merger success. McKinsey has found that companies that manage culture and communications effectively have 50% higher chances of

As technology advances, our document management methods also evolve since data is the bedrock of every business transaction.  In our post, we explore physical and

Imagine deep sea exploration without a map. That’s what entering a business transaction without a due diligence audit is like. Just as a map reveals

Due diligence doesn’t have to be exhausting and time-consuming in today’s digitized, automated, and AI-driven world. What if your business can cut document review time

Technology is one of the trickiest parts of any business transaction. It takes about 1.5 years to integrate in successful dealmakers and over two years

Many studies conclude that between 70% and 90% of mergers and acquisitions fail. It was true for many decades. However, times have changed for the

IPOs are complex. There are over 27 million private American companies, and only around 250 go public each year. Additionally, only 20% of IPOs eventually

Tax due diligence (TDD) is the third most relevant DD stream alongside legal and financial, according to the EY 2023 EUW B&I Barometer. Developing tax

The global digital landscape is rapidly evolving. The latest data shows that world spending on digital transformation is expected to reach a staggering $3.9 trillion

The virtual data room market has increased by over 240% in the past five years, representing high demand across SMEs and large companies alike. While

The demand for cloud storage solutions is rising fast as more and more businesses start using digital data storage and collaboration tools. This is proved

As much as 51% of M&A advisory firms anticipate higher deal volumes in 2024. However, buyers still approach deals cautiously and carefully address M&A risks

Forecasting the financial and economic outlook can be difficult, especially when global events cause sudden changes. For instance, COVID-19 had a significant impact on the

According to a survey, almost 60% of deals fail because of poor due diligence that didn’t identify critical issues. As the psychoanalyst James Hollis put

The real estate industry is poised to change. Almost 70% of commercial real estate executives (CRE) expect returns to decline over the next few years.

Many startups fail to conduct proper due diligence which leads to a high failure rate of 70% to 90% in acquisitions, according to Harvard Business

A virtual data room (VDR) is a surefire way to smoothly conduct the due diligence (DD) process. It allows businesses to collaborate and manage confidential

M&A is a complex game with plenty of issues — 50% of businesses never achieve their M&A goals, while 70% – 90% of deals fail

According to Bain & Company, overall M&A transaction volume reached 3.8 trillion in 2022, with additional agreements expected by the end of 2023. This is

Security-first collaboration applications built around zero-trust principles are called virtual data rooms (VDRs). They allow businesses to reduce data breach chances by 50% in the

There are numerous operational risks organizations have to deal with today — from employee conduct and employee error to business processes and controls. For example,

According to Statista, the global real estate investment market is estimated at $613.6 trillion as of 2023. By 2028, it’s expected to reach $729.4 trillion. 

Financial due diligence (FDD) is a thorough investigation of the company’s financial performance and history. Together with legal, tax, commercial, IT, environmental, and operational due

M&A success largely depends on quality due diligence (DD). Thus, poor due diligence is among the top contributors to 60% of mismatched M&A expectations and

The due diligence phase starts as soon as the target company has accepted an offer or a letter of intent (LOI). Typically spanning a 30-

The Harvard Business Review reports that from 70% to 90% of all mergers and acquisitions (M&A) fail. Based on our observations, inadequate due diligence is

Due diligence is the process of checking all important facts and financial information, as well as all the data mentioned throughout the M&A deal or

Acquiring a business has the potential to transform and expand a company rapidly. However, selecting the wrong target wastes time, resources, and distractions. To avoid

Although the global M&A activity is 44% down compared to 2022 (as of May 2023), buyers still need to close deals and grow their businesses.

Even though the value of M&A deals worldwide has fluctuated significantly in recent years, their number is still impressive. For example, in 2022, there were

Real estate is the largest industry the world has ever seen, with nearly $340 trillion in global assets. To put it into perspective, the value

Did you know that 17.5 million credit card numbers were sold on black markets as of September 2022?  This unfortunate reality highlights the significance of

Virtual data rooms have become a game-changer for businesses across industries delivering many benefits. By leveraging the right technology stack, they offer unparalleled security, allowing

We all like things to be organized and easy to find, which is also true for data-heavy business workflows and transactions. That is why data

Is email secure for sensitive data? You are not the only one asking this tricky question.  Let’s take a look at telling statistics for 2022

As a startup business, it’s essential to have a secure and organized way to store, access, and track important documents. Furthermore, based on our experience,

The business environment has been struggling through many hardships over the past few years, and they won’t slow down in 2023, whether we like it

Mergers and acquisitions (M&A) mean two companies become one through a financial transaction. As of Q1 2023, the global M&A volume was $559 billion. It’s

While bolt-on and tuck-in deals accounted for 46% of all M&A transactions executed in 2022, they are rarely advertised. Nevertheless, these deals are vital for

Ernst & Young’s CEO outlook survey has found that IT systems are among the five key drivers of M&A costs in 2023. Companies reduce deal

PWC has found that 60% of CEOs will accelerate M&A activities in 2023. Additionally, over 90% of M&A and private equity leaders achieved desired outcomes

Virtual data rooms save businesses a lot of time and effort in their deal-making, while providing participants with all the tools necessary for efficient teamwork,

Whether acquiring a new resource, expanding your fund’s investments, or going ahead with an M&A deal, one thing that remains constant is the need for

60% of investors anticipate more healthcare M&A deals in 2023. To make them successful, companies must conduct professional medical due diligence. This time, you will

Nowadays, online data rooms are an essential tool for M&A teams looking to speed up and optimize their workflows. From file sharing for M&A to

The number of mergers and acquisitions that happen across all industries each year is staggering.  According to Statista, in 2021 alone 63,215 M&A deals were

By 2025, the world will have to store about 200 zettabytes of data. In 2021, in comparison, there were 79 zettabytes of generated data. Such

An M&A transaction is fraught with a range of potential security risks as acquiring a company implies taking on its security controls and thus dealing

The private equity business is demonstrating a steady rise after COVID-19. The global private equity market reached nearly $5 trillion in 2021, with no signs

Investment banks are intermediaries between investors who have money to invest and corporations seeking growth and development opportunities through investment. Investment bankers mainly assist companies

The energy sector is now facing significant changes and has to adapt to the quickly transforming market and consumer expectations. What’s more, it’s regularly a

Sophisticated professionals from many industries choose virtual data rooms as a surefire way to store confidential documents and other corporate sensitive data securely.  High-end security

How can you grow your market share, access new products, and distribution channels, or acquire potentially disruptive new technologies or know-how? Mergers and acquisitions (M&A)

Have you heard about the February 2023 cyberattack on Community Health Systems (CHS)? The breach resulted in the compromise of personal and health information for

Before introducing databases for file storage, companies employed the use of archives or physical documents to store and share data. However, this method was prone

IPO is an important and somewhat complex business process for companies that are not listed on the stock exchange and it involves a lot of