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What is a VDR?

Pattinson Hoover

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Like any M&A professional, you are faced with many changes that at times arise unexpectedly. Efficient information sharing, real-time visibility into prospective buyer interest, prompt response to investor inquiries are among the few hurdles that you need to overcome in order to ensure the successful deal close.

A virtual data room (VDR) optimizes the due diligence process by transforming the traditional paper data room into a secure online data room, accessible from anywhere around the world. Without having to rely on a physical location, all users can access important documents within seconds at any time.

In short, a VDR offers a secure and highly efficient method of sharing critical business information. Key parties can access relevant documentation within seconds, as opposed to having to travel to a physical location, which can hamper the progress of a crucial deal.

VDRs can be used for mergers, acquisitions and disposals, IPOs and secondary offerings, asset purchases, liquidations, bankruptcies, and many other transactions that require due diligence.

Typical users include vendors, buyers, lawyers, bankers and other key advisors who use the space to study a wide variety of material – from corporate records, management data and property documentation, to insurance statements and marketing plans.

About Merrill DataSite
Merrill DataSite™ ( is a comprehensive virtual data room (VDR) solution that accelerates the due diligence process by providing a secure online document repository for confidential time-sensitive documents. Merrill DataSite overcomes the many limitations of a traditional paper data room by enabling companies to present critical business information to multiple prospective buyers in a secure Web-based environment. As a result, transaction time and expense are dramatically reduced. Merrill DataSite can be rapidly deployed and is accessible by viewers throughout the world via the Internet. As a leading provider of VDR solutions worldwide, Merrill DataSite has empowered nearly 2 million unique visitors to perform electronic due diligence on thousands of transactions totaling trillions of dollars in asset value. Merrill DataSite is the first VDR provider to understand the customers’ and industry's need to provide the highest level of security by obtaining an ISO/IEC 27001:2005 certificate of registration, setting the standard as the world's only VDR certified for operations in the United States and Europe.


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