Virtual data rooms (VDRs) have become the norm in the due diligence stage in most M&A transactions, substituting the traditional paper-based data rooms (see Know-how article “Virtual data rooms: the due diligence evolution”). However, in the last two years, the use of VDRs has expanded dramatically: both deeper in the M&A process and beyond M&A transactions. We believe that this shift in the role of Virtual Data Rooms is driven by the positive experiences that advisers and clients have had with the convenience, simplicity and functionality of VDRs and with their satisfaction and trust in the level of service provided by dataroom specialists.
During the next few weeks, we will talk about the the use of VDRs in different areas of the corporate world. Among others, we will focus on:
- Hedge funds
- IPO Transactions
- Restructuring (Bankruptcy)
- Health
- Corporate Repository
We will share our experiences in each area with specific examples. Please send us comments and thoughts!