by David Weedmark For years, VDRs have been the standard for mergers and acquisitions. The same qualities that make them ideal for organizing, accessing and sharing information in a secure and confidential manner during M&As have also made them ideal for investment banks to manage their own information and banking transactions. Why Banks Use…
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In the world of M&A, one of the most important processes is that of the Q&A period (also commonly referred to as “due diligence”). Because the due diligence phase of the deal is vital to the entire process, it generally is the most complex and time-consuming portion of the transaction. This is because it allows…
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The process of completing an M&A today is far more efficient than ever before, namely due to the tech boom and rise of the internet over the past quarter-century. Previous generations of M&A transactions would involve reams and reams of documentation, which could easily compromise security, not to mention the nightmare of trying to keep…
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The business world is constantly making deals, and, of course, all of those transactions have multiple moving parts. Financial and legal details and documents must pass through intense scrutiny; facts and figures must be checked and all parties involved in the process must be able to agree on the final terms. Being able to…
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Microsoft Excel is the industry standard for organizing and laying out data sets. Not only do Excel files often hold some of your most important and sensitive information, but that information is presented neatly in spreadsheet form, making it an easily exploitable asset for anyone with bad intentions. This means you must control who gets…
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When it comes to document control, it’s crucial to protect the master file. Not only does a company’s master file leave an audit trail should you need it, but you can also revert to the original document if critical issues with subsequent versions arise. What can happen to master files? As it turns out,…
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If you’re considering transitioning to digital document sharing through a virtual data room (VDR), you may be surprised by how easy it is to make the switch. Especially with trusted advisors to guide you, your organization can be assured of a safe and secure transition for your mission-critical files. Best of all, you can…
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The working capital ratio is one of the most basic measures of a company’s liquidity, or, in other words, a company’s ability to meet its short-term financial obligations. The ratio is defined as the difference between current assets and current liabilities (it is sometimes referred to as the current ratio). If you are considering…
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Moving on up, or more commonly phrased as “taking your business to the next level,” is the intention of virtually every company, startup or entrepreneur’s dream. While going it alone or bootstrapping may be the goal of many, in more instances than not help is required from outsiders. Running any kind of business takes loads…
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A prepackaged Chapter 11 bankruptcy, also known as a “pre-pack,” was developed for companies seeking a simplified yet complete restructuring from bankruptcy. The pre-pack offers a quick exit from bankruptcy in anywhere from three to 12 months. As with any Chapter 11 proceeding, the debtor must work closely with creditors to negotiate and reach…
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