MINNEAPOLIS, Minn. – May 11, 2022 – Datasite, a leading SaaS-based technology provider for global mergers and acquisitions (M&A) professionals, has been recognized by the Singapore Business Review (SBR) with the 2022 Technology Excellence Award for Fintech – Mergers & Acquisitions. The company received the award for its Datasite Prepare™ application, which leverages AI and machine learning to create faster, more efficient deal preparation.
Datasite Prepare automates the time-consuming burden of identifying, categorizing, and indexing deal documents and artifacts in a virtual data room, in preparation for a capital transaction, such as an acquisition or sale. The app is part of the Datasite suite of applications, which solve administrative and process problems across every phase of the M&A lifecycle.
“We are thrilled to be recognized by SBR as an innovative fintech leader,” said Datasite Chief Product Officer Thomas Fredell. “One of the most challenging parts of the M&A process is organizing and preparing the files needed for review by potential investors or purchasers. Datasite Prepare helps deal teams manage this activity in a matter of minutes, not weeks, decreasing burnout and freeing up dealmakers to focus on higher value activities.”
The SBR Technology Excellence Awards recognize companies that have pioneered ground-breaking digital products and solutions in Singapore and organizations with innovative technology initiatives that have made an impact on their industry.
Dealmakers in more than 170 countries complete their deals in Datasite, including one third of 2021’s top 100 global deals, more than a fifth of the APAC region’s 2021 top 14 deals, Singapore’s largest deal in 2020, and many fundraisings by several unicorns in Singapore and Southeast Asia.
In addition to the SBR award, Datasite has received several others this year, including a gold APAC Stevie Award for Innovation Technology Development – Financial Services Industries, a bronze Stevie Award for Datasite Prepare - Fintech Solution, a BIG Artificial Intelligence Excellence Award and a Best in Biz Awards - Enterprise Product of the Year - Financial Software.
To learn more about Datasite, please visit: www.datasite.com
Datasite is a leading SaaS provider for the M&A industry, empowering dealmakers around the world with the tools they need to succeed across the entire deal lifecycle. For more information, visit www.datasite.com
About Singapore Business Review
Singapore Business Review (SBR) is the definitive magazine for Singapore's business elite. Founded in 2001, SBR is the only local business magazine in Singapore guaranteed to reach senior decision makers in the top 1,700 companies with combined sales of S$692 billion and 94% of listed companies. For more information, visit https://sbr.com.sg/
5W Public Relations