Platform Connects Sourcing, Diligence and Closing to Minimize Deal Friction and Risk
Datasite, a leading SaaS-based technology provider for global mergers and acquisitions (M&A) professionals, today unveiled Datasite Cloud, a purpose-built platform for managing every stage of the dealmaking process, all in one place.
“Streamlining the dealmaking process for our customers continues to be our top priority,” said Rusty Wiley, Datasite Chief Executive Officer. “For the first time ever, Datasite Cloud gives dealmakers one place to source their next opportunity, move through due diligence, close their deal and secure their data for future transactions.”
Read More: 5 Ways Data-Driven BDR Leaders Motivate Their Teams
“Streamlining the dealmaking process for our customers continues to be our top priority”
The introduction of Datasite Cloud is part of the company’s continued mission to empower the dealmaking community to work smarter. Datasite Cloud offers dealmakers a variety of applications all in one place to manage distinct phases of the dealmaking process, including pipeline management, a new Datasite application, asset marketing, sell-side and buy-side due diligence, and post-merger integration.
“Disconnected systems complicate dealmaking processes,” said Doug Cullen, Datasite Chief Product and Strategy Officer. “And because so many deal teams are running both buy- and sell-side transactions at the same time, while juggling increased workloads, having one place to manage every stage of dealmaking gives dealmakers the flexibility to better manage their costs, reduce compliance risks, and increase their productivity.”
Dealmakers in more than 170 countries make their deals in Datasite, including 74 of the top 100 legal firms and all the top 20 global financial advisory firms. In 2022, Datasite facilitated more than a quarter of the top 100 global deals.
Read More: SalesTechStar Interview with Ryan Neu, co-founder and CEO at Vendr