Virtual Data Room Solutions

What is a Data Room?

A data room (also "deal room") is a secure repository of (online or offline)documents that contains important information that must be disclosed in order to complete a legal transaction between two or more parties.

Due to the high sensitivity of the document content, it can only be exposed for a very short and limited time exclusively to those who are authorized to see them.

It is the best interest for the document owner to have full control of who views content, the whereabouts of the documents and to reduce the possibility to a minimum that those documents will be copied or edited.

Types of data rooms

There are two types of data rooms:

A traditional physical data room (offline)
Virtual data room (online)

Learn more about traditional data room vs. online virtual data room

Who uses a data room?

Most often data rooms are being used by financial firms or investment bankers during the due diligence process of mergers and acquisitions transactions (M&A).

Usage of a data room in the due diligence process