Virtual Data Room Evolution

Beyond due diligence...

Virtual Data Rooms (VDRs) are increasingly being used at all stages in the M&A transaction.

The new generation Virtual Data Room offers a broad spectrum of utility beyond due diligence:

• as a kind of "adviser workspace" where it offers a highly accessible, collaborative environment during document preparation
  for the distribution of deal 'teasers' to interested parties
• for facilitating negotiations and exchange of drafts and...
• post-completion, where the VDR now offers a cost-effective online alternative to conventional paper or CD-ROM based transaction bibles

Francisco Lorca, CEO of Millnet's Virtual Data Room partner EthosData has been speaking on the subject recently in PLC Magazine. You can read the full article by clicking the link below:

• Due diligence evolution article: Inside the Millnet EthosData Virtual Data Room

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