EthosData continued winning awards in 2020 for its superior yet simple platform and go-an-extra-mile service to help clients. The combination of the latest technology along with the most dedicated team of data room specialists makes a difference for our clients and differentiates us from the rest of our competitors and the awards just assure that we are on the right path!
We are extremely proud of the multiple awards that we have received in 2020. We have always put our clients first and it is great to be rewarded for our service and efforts. The awards show our commitment and how much we love what we do.
The last 12 months have not been easy for the world and EthosData is no exception. We faced a lot of challenges but we also overcame them and continued to provide the awesome data room experience that we are known for.
Helping our clients and making things simple for them is most important to us but these awards are the cherry on the cake that we all need. They make us eager to keep growing and provide a superior service to our clients.
A Front Line Account of M&A in a Covid-19 World
A virtual data room or VDR is a web-based solution particularly created for the storing and sharing of confidential data. VDRs provide specific sets of options like advanced permissions, tracking features, Q&A tool, as well as multiple-factor authentication and watermarking.
Though virtual data rooms are historically utilized for financial transactions, IPOs, and fundraising, their use cases are increasing. Any business involved with the secure and specialized management of its data can opt for VDRs.
Today, data room providers are progressively building machine learning technology into their software system, thereby enlarging their supply to incorporate tools to use their data room platform for file-synchronization, internal repositories, or secure communication with investors.
If you’re about to start work on an M&A, IPO, or fundraising deal, you’re also about to come across virtual data rooms (VDRs). Lucky you!
A VDR allows multiple parties to share and collaborate on a deal’s critical information through a secure and encrypted web connection, anywhere in the world.
Now, you’re probably thinking, ‘why should I pay for a VDR when platforms like Box or Dropbox let me do similar, but for free?’
If you are about to start work on an M&A, IPO, or fundraising deal, you’re also about to come across virtual data rooms (VDRs). A VDR allows multiple parties to share and collaborate on a deal’s critical information through a secure and encrypted web platform.
Now, you’re probably thinking, ‘why should I pay for a VDR when platforms like Dropbox or Google Drive let me do something similar, but for free?’. Well, to be precise, a Virtual Data Room is very different from Dropbox or Google Drive.
Here are 5 instances where you should consider a VDR, always:
Although the data is hard to pin down, the body of research suggests that around half of mergers and acquisitions fail to add any value. While this might make uncomfortable reading for any company about to undergo the M&A process, it is a timely reminder of the importance of the due diligence process and undergoing a thorough audit and evaluation process before anything is signed.
Every M&A transaction faces unique challenges, depending on the nature of the transaction itself, participants involved and where they are located, budget, or who has access to what documentation to name just a few. And just as every deal is different, there is a marketplace full of virtual data room providers claiming to make the process easier.
Some companies may have a list of requirements for a data room provider, but for others, it can be difficult to know which vendor offers the type of service that will be required.