Datasite Prepare Advances Company Vision to Streamline M&A Deal Lifecycle
Datasite, the leading SaaS-technology provider for the global M&A community, today introduced Datasite Prepare™, a new application that leverages artificial intelligence (AI) to help with the preparation of any transaction, including restructurings, divestitures and mergers and acquisitions (M&A).
Read More: GlobalFintechSeries Interview with Erick Pinos, Ecosystem Lead at Ontology
With Datasite Prepare, M&A professionals can now be deal-ready quickly and efficiently – Rusty Wiley, CEO
Datasite Prepare helps M&A professionals accelerate deal preparation by intelligently structuring and organizing data. The application, which is powered by artificial intelligence (AI) and built on the Datasite platform, automates the time-consuming burden of identifying, categorizing and indexing all deal documents and artifacts. Dealmakers can also take advantage of an embedded automated redaction tool to accelerate the process of identifying, blocking and unblocking sensitive information to different parties as the deal progresses. And, once the deal room is prepared and ready to go, users can quickly start due diligence.
Read More: GlobalFintechSeries Interview with Robin Gregg, CEO at RoadSync
“You can’t predict the future, but you can prepare for it,” said Rusty Wiley, Chief Executive Officer of Datasite. “No matter what is happening in the market, with Prepare, M&A professionals can now be deal-ready quickly and efficiently. This is more important now than ever, given the risks posed by the COVID-19 crisis. The speed at which businesses are able to respond is critical to their ability to survive and thrive.”
Datasite Prepare is an integral piece of the company’s vision to apply advanced technology to every part of the M&A lifecycle, and arrives alongside additional enhancements to the company’s Diligence™ application, which has continued to help facilitate deals throughout a time when dealmakers are primarily working from home.
Read More: Healthfully and Paya Deliver Expanded Patient Care and Payments Through New Partnership
