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Merrill DataSite® Virtual Data Room Named “Product/Service of the Year”

Pattinson Hoover
 


Visitors: 448

Company is honored during 2nd Annual International M&A Advisor Awards

St. Paul, Minn. — Merrill Corporation, (www.merrillcorp.com) a leading provider of technology-enabled services, today announced that Merrill DataSite was recently selected as the “Product/Service of the Year” during the 2nd International M&A Advisor Awards. The award was presented at a luncheon at the Cornell Club in New York City on Sept. 27, 2010.

The awards luncheon was held to honor dealmakers and firms “whose activities set the standard for the industry, ” according to the M&A Advisor, an organization that serves professionals in the M&A marketplace. An independent group of experts spanning the M&A community selected this year’s award winners in 27 categories from a group of 99 finalists, all of whom participated in international deals with a value of more than $10 million during the last calendar year.

Since its inception, Merrill DataSite has uploaded and processed 300 million pages in its virtual data room (VDR) for banking M&A, transfer of small business ownership, document warehousing, IPO and secondary offerings, asset purchases, venture capital due diligence, bio tech licensing, commercial and corporate real estate ventures, bankruptcies, corporate debt restructuring, preparing for exit strategies, and many other transactions that require extensive document sharing.

“We are very pleased to be selected as part of this illustrious group for our services to the international M&A community, ” said Ed Bifulk, president of Merrill DataSite. “We work extensively with international transactions, helping our clients expedite their due diligence activities through our award-winning virtual data room solution. This recognition reinforces the value and bottom-line impact that our clients receive from our service-oriented team and exceptional VDR platform. ”

Merrill DataSite’s Virtual Data Room platform streamlines the due diligence process by transforming the traditional paper deal room into a secure online data room, accessible via the Internet.

About Merrill DataSite®
Merrill DataSite is a secure virtual data room (VDR) solution that optimizes the due diligence process by providing a highly efficient and secure method for sharing key business information between multiple parties. Merrill DataSite provides unlimited access for users worldwide, as well as real-time activity reports, site-wide search at the document level, enhanced communications through the Q&A feature and superior project management service - all of which help reduce transaction time and expense. Merrill DataSite's multilingual support staff is available from anywhere in the world, 24/7, and can have your VDR up and running with thousands of pages loaded within 24 hours or less.

With its deep roots in transaction and compliance services, Merrill Corporation has a cultural, organization-wide discipline in the management and processing of confidential content. Merrill DataSite is the first VDR provider to understand customer and industry needs by earning an ISO/IEC 27001:2005 certificate of registration – the highest standard for information security – and is currently the world's only VDR certified for operations in the United States, Europe and Asia. Merrill DataSite's ISO certification is available for review at: www.datasite.com/security.htm.

As the leading provider of VDR solutions, Merrill DataSite has empowered nearly 2 million unique visitors to perform electronic due diligence on thousands of transaction totaling trillions of dollars in asset value. Merrill DataSite VDR solution has become an essential tool in an efficient and legally defensible process for completing multiple types of financial transactions . Learn more by visiting www.datasite.com today.

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