Datasite Home
  • Login
  • Get Started
  • Login
  • Get Started
  • English
      • English
      • Français
      • Deutsch
      • 中文
      • 日本語
      • Español
      • Italiano
  • Solutions
    • For Business
      • For Business

        Everything we do is designed to make your life a little easier. To help you get your work done as quickly and as productively as possible. Your deal is our business.

        Learn more
        • Corporate Development
        • Investment Banking
        • Law Firms
        • Private Equity
      • Corporate Development
        • Corporate Development

          Corporate development professionals rely on Datasite M&A software for their sensitive transactions. Whatever deal stage, our M&A platform puts you in control.

          Learn more
          • Sell-Side M&A
          • Buy-side M&A
          • Restructuring
          • Fundraising
          • Strategic Repository
          • Corporate Conversations Hub
        • Sell-Side M&A
        • Buy-side M&A
        • Restructuring
        • Fundraising
        • Strategic Repository
        • Corporate Conversations Hub
      • Investment Banking
        • Investment Banking

          The premier SaaS solutions for the M&A lifecycle. Working with boutique, middle market, and bulge bracket banks on transactions in over 170 countries.

          Learn more
          • Preparing the Deal
          • Executing the Deal
        • Preparing the Deal
        • Executing the Deal
      • Law Firms
        • Law Firms

          Datasite is the premier legal due diligence solutions provider for M&A practitioners and law firms globally. More than a virtual data room, Datasite allows for automation of legal workflow across the entire deal lifecycle.

          Learn more
          • Preparing for the Deal
          • Managing the Deal
          • Closing the Deal
        • Preparing for the Deal
        • Managing the Deal
        • Closing the Deal
      • Private Equity
        • Private Equity

          Datasite empowers private equity professionals to advance with confidence during every stage of the PE life-cycle & complete transactions with ease.

          Learn more
          • Fundraising
          • Acquisition
          • Restructuring
          • Exit Preparation
          • Deal Marketing
          • Exits
          • File Sharing
        • Fundraising
        • Acquisition
        • Restructuring
        • Exit Preparation
        • Deal Marketing
        • Exits
        • File Sharing
    • For Industries
      • For Industries

        We are Datasite. Creators of momentum, eliminators of doubt and builders of tomorrows. The leading SaaS provider for the M&A industry, we give dealmakers around the world the tools they need to succeed across the entire deal lifecycle.

        Learn more
        • Energy & Power
        • Financial Institutions
        • Healthcare & Life Sciences
        • Industrials
        • Technology, Media & Telecom
        • Consumer & Retail
        • Real Estate
      • Energy & Power
        • Energy & Power

          Whether you’re working on M&A, capital markets, or restructuring – Datasite helps energy & power companies complete transactions faster than ever.

          Learn more
      • Financial Institutions
        • Financial Institutions

          Datasite supports the entire M&A lifecycle helping Financial Institutions to transact with confidence and act quickly while keenly managing risks & regulations.

          Learn more
      • Healthcare & Life Sciences
        • Healthcare & Life Sciences

          Whether you’re looking at a licensing, listing or M&A, achieve your objective quickly and keep sensitive data secure with Datasite.

          Learn more
      • Industrials
        • Industrials

          From manufacturing to transportation to defense, we understand the needs of your sub-sector. Datasite can help you keep your sensitive information secure.

          Learn more
      • Technology, Media & Telecom
        • Technology, Media & Telecom

          Learn about the solutions available for making better, more secure technology deals happen with Datasite Diligence virtual data rooms.

          Learn more
      • Consumer & Retail
        • Consumer & Retail

          Consumer and retail brands have seen a wave of recent activity, as organizations strengthen balance sheets and take advantage of strategic opportunities. Datasite has helped dealmakers act quickly while managing a wide range of stakeholders.

          Learn more
      • Real Estate
        • Real Estate

          Real estate transactions are on the rise and becoming increasingly complex. So it’s important that you can do your due diligence on your real estate transaction securely and efficiently, while effectively collaborating with local officials, deal teams, and lenders.

          Learn more
    • By Need
      • By Need

        The best people. And the best technology – a SaaS platform that works across the M&A lifecycle. However you do your deals. This is the place to make them.

        Learn more
        • Restructuring
        • IPOs
        • Buy-Side
        • Sell-Side
        • Startups
      • Restructuring
        • Datasite for Restructuring

          Datasite solves the largest challenges you face to effectively work through corporate restructuring and reorganization.

          Learn more
      • IPOs
        • Datasite for IPOs

          Datasite ensures a secure and agile IPO process management for issuers, advisors, and underwriters. Our solutions, support and 25+ years experience, keeps your IPO secure and your team nimble to optimize outcomes.

          Learn more
          • Your Complete SPAC Space
        • Your Complete SPAC Space
      • Buy-Side
        • Datasite for Buy-Side

          Tired of messy, overly-manual sell-side reviews? Luckily, there’s a better way. Find out how top buyers are creating centralized, repeatable processes from the comfort of their own data room.

          Learn more
      • Sell-Side
        • Datasite for Sell-Side

          Our solutions empower dealmakers with the broadest reach to maximize valuations, breakthrough technology to breeze through due diligence, and insights to generate the best deal outcomes.

          Learn more
      • Startups
        • Datasite for Startups

          Extend your team and add professional polish with Datasite – your partner for every stage of your growth journey.

          Learn more
  • Platform
    • Overview
      • Overview

        Datasite's virtual data room suite is the best way to manage any due diligence process and share sensitive data. We make sure every aspect of your deal is covered. Our virtual data room consists of four core products that help you and your team automate the entire end-to-end M&A lifecycle.

        Learn more
    • Data Room
      • Datasite Diligence™

        Datasite Diligence Virtual Data Room (VDR) includes sophisticated analytics, an integrated redaction tool, ironclad security & world-class support with fast setup.

        Learn more
    • Deal Marketing
      • Datasite Outreach™

        Whether compiling buyer lists, or executing outreach activities and managing NDAs, Datasite Outreach is your essential resource for the deal marketing process.

        Learn more
    • Deal Preparation
      • Datasite Prepare™

        Datasite Prepare accelerates deal preparation with AI indexing, smart categorization, redaction & VDR integration to bring you into due diligence with a click.

        Learn more
    • Acquisition
      • Datasite Acquire™

        Take control of your process with Datasite Acquire, the first deal management platform designed just for you. Create a centralized, repeatable process from the comfort of your own VDR.

        Learn more
    • Deal Team
      • Datasite Experience™

        A data room is only as good as the people behind it. We’re your partners for ensuring speed, confidence, and successful results on every transaction.

        Learn more
        • Success Center
      • Success Center
        • Datasite Experience Success Center

          Datasite Experience has been designed around you. You are at the center. Learn how our team makes your deal journey the best it can be.

          Learn more
    • Datasite for You
      • Datasite for You

        The Datasite value is unique to each customer. Tell us a little about yourself, and we’ll propose a solution that drives the greatest ROI for you and/or your client.

        Learn more
  • Resources
    • What is a Data Room?
      • What is a Data Room?

        Get a basic understanding of what a data room is and why it's a powerful tool for M&A, as well as many other applications.

        Learn more
    • New Features
      • What's New in Datasite

        Learn about the newest features available to Datasite users. Enable yourself to get M&A deals done faster and easier using the top tools available to dealmakers. Experience the latest innovations from Datasite, where deals are made.

        Learn more
    • FAQs
      • FAQs

        Questions about Datasite, M&A, or Data Rooms? We have the answers for you.

        Learn more
    • Insights
      • Insights

        Close deals, faster, with insights into every aspect of the industry. Read all about the latest M&A trends and best practices. And stay ahead of the game with exclusive analysis from our market-leading M&A software.

        Learn more
    • Events & Webinars
      • Events & Webinars

        Stay up to date with the latest developments and innovation in M&A. Join us at one of our live events, and learn something new.

        Learn more
    • Dealmaker's Circle
      • Dealmaker's Circle

        Help identify the technology needs of dealmakers across the M&A industry. Sign up for the Dealmaker's Circle and shape the future.

        Learn more
    • Data Room Training
      • Data Room Training & Certification

        The virtual data room (VDR) training and certification program is designed for individuals, businesses, and universities alike. Its sole purpose is to help people who are entering the working environment be fully prepared and conversant with one of the key tools they’ll be using.

        Learn more
  • Company
    • About
      • About

        The best people. And the best technology – a SaaS platform that works across the M&A lifecycle. However you do your deals. This is the place to make them.

        Learn more
    • Careers
      • Careers

        Ready for the next big challenge? Grow your career, and join our experienced global team, transforming the world of M&A software.

        Learn more
    • News
      • News

        Keep up with our latest media coverage and press releases. And get the breaking news on our technology, partnerships, awards and people.

        Learn more
    • Success Stories
      • Success Stories

        Datasite, the maker of Datasite Diligence virtual data room platform, helping dealmakers in more than 170 countries (and every industry) close more deals, faster. See our success stories.

        Learn more
    • Awards & Recognition
      • Awards & Recognition

        The judges agree. Buying or selling. Restructuring or fund raising. Acquiring or divesting. Datasite is the place get you there faster. The best people and the best technology. This is the place where deals are made.

        Learn more
    • Security & Compliance
      • Security & Compliance

        Trust, privacy, compliance and security are central to everything we do at Datasite. For over 25 years you have entrusted us with your most sensitive information. We take this responsibility seriously, continuously investing in industry-leading security across all aspects of our business.

        Learn more
  • Contact
    • Sales
      • Sales

        Speak to our authoritative sales team, wherever you are in the world, and we’ll get you started with a dataroom in no time.

        Learn more
    • Support
      • Support

        Get the world-class support you need, anytime, anywhere. We’re available 24/7/365, in up to 20 languages.

        Learn more
Datasite Home
September 14, 2022

How Buy-Side Legal Teams Can Beat the Five Big Blockers

When you’re providing legal advice on M&A, time isn’t always money. If you work many hours making little progress, then sure, you’ll get paid. But you might lose that particular client.

It isn’t even your fault. Friction, inefficiencies, and lack of central control can jam the gears of any deal. The buy-side process is notorious for it. Sellers may be inexperienced. Files in Microsoft Office formats are shared on multiple channels. Versions multiply, or disappear. Data rooms grow chaotic. Deal teams lack the insight they need to make key decisions quickly. It all adds up to delay – lost time that can sink a whole transaction.

You didn’t cause these problems. But you can fix them, with Datasite Acquire.

What is Datasite Acquire?

Datasite Acquire is the world’s first data room designed for the buy-side. It gives you one central place from which to run every part of the deal. It lets all the teams involved collaborate seamlessly, in a genuine team effort.

How does this work in practice? Here’s how Datasite Acquire overcomes the five biggest challenges of buy-side M&A.

Challenge 1: Time management

In dealmaking, time is money. Delays cost your clients dearly as your billable hours increase – but trying to move faster is costly too, whether in terms of extra resources, or errors resulting from haste.

Solution: A friction-free buy-side platform saving 3+ weeks

With Datasite Acquire, jumpstart your transaction in seconds with a secure application your clients trust. No time wasted on whitelisting this software. Plus, there’s no more back-and-forth. No more emailed files, no version control issues. Lost documents become a thing of the past. Time-hungry tasks are automated, freeing up your team for higher-value work. Result? Lower costs, a happier client, and growing momentum towards a successful close.

“ ”
Average time saved on buy-side deals using Datasite Acquire: 22 days.
Challenge 2: Inefficient processes

Running a deal can be like juggling. Too much information coming at you, from too many different sources – and none of those sources is definitive. With everyone’s hands full controlling workflows, tracking tasks and examining findings, it’s more likely that someone will drop the ball.

Solution: A single source of truth

When everything happens in Datasite Acquire, there’s no uncertainty. You have a single command center from which to guide the entire deal. You can see what’s been done, what tasks are still outstanding, and how far work has progressed. Even better, you can collaborate seamlessly with your clients, sellers, and other advisors – all while maintaining maximum security.

Your checklists are embedded, so everyone works off the same to-do list that updates in real time. Comments and findings are also right where you need them.

Streamlined workflows and task management mean that things get done sooner, while your client gets better and more efficient recommendations. Even better, you can create an easily repeatable playbook, copying templates from past projects and evolving them from deal to deal.

“ ”
Datasite is used by the top 10 global law firms, and by more than 170,000 members of the legal profession.
Challenge 3: Identifying risks

As the legal team, you are the ultimate safety net. But when you are grappling with multiple platforms, multiple comms channels, and multiple versions of the same documents, identifying and prioritizing risks is much harder than it needs to be.

Solution: Integrated findings

Datasite Acquire lets you distill findings and communicate them instantly to all members of the extended deal team. Just set your findings categories, then keep a running list of all key issues that arise from the due diligence. Now everyone is on the same page, using the same template, and working from the same consolidated list.

“ ”
Datasite Acquire has prevented the loss of an estimated 900+ findings in 12 months that would typically have gone astray.
Challenge 4: Lack of visibility and coordination

Your clients demand constant updates on deal progress. But it can be hard to be sure of this yourself, when everything is constantly in motion. With so many workstreams  to keep track of, it is hard to see the wood for the trees.

Solution: Real-time dashboard and in-depth analytics

Datasite Acquire gives you the helicopter view you need. You can see how tasks and findings are progressing in real time, along with any new @mentions or freshly uploaded documents. You can sort and filter everything by status or priority, and see stats on who has logged in, which files have been accessed, how permissions have changed, and much more. A single dashboard gives you a full health diagnostic of the deal – enough to keep deal teams focused on the risk tasks, and your clients resting easy.

Challenge 5: No specialist buy-side support

Buyers need support – it’s not a case of if, but when. For many, it’s their first experience of M&A – and their inexperience can slow the whole process down. From setting up the data room to handling everyday tasks, their needs run the gamut from the very large to the very detailed.

Solution: Global expert support 24/7/365

Deals don’t sleep – so neither does our deal support. Wherever and whenever help is needed, our specialists are just a call or a click away. Using Datasite Acquire means that both you, your clients, and even the buyers themselves can call upon our team to move the process along. From mitigating analyst and associate turnover risks, to avoiding rookie mistakes, we’ll help you across the finish line.

See it in action

See how much you can save in both time and resources by using Datasite Acquire for your clients’ buy-side deals. Get in touch today for a free demo.

Take control of the buy-side process.

Learn more

Ready to Get Started?

Contact Us

You may also like:

Keep the deal moving - even on the move

With the Datasite mobile app, you always know where the deal’s at – wherever you are.

M&A Professional reviewing documents via data room
The ABCs of SPACs and de-SPAC’ed Entities

With the change in market conditions over the last year (increased inflation, interest rates etc.), there is concern that companies who went public via a SPAC in 2020 and 2021 will not be able to continue their business operations due to a lack of free cash flow or will face de-listing because their stock is not in compliance with the NYSE or NASDAQ requirements. These companies may need to explore alternative options, such as rescue capital raises, full company sale to a strategic, bankruptcy, and PE take-private options, etc.

M&A Professionals work on a data room
M&A and digital transformation: Opportunities and challenges in APAC

The pandemic saw a growth spurt in digital platforms. Will the tech sector be able to sustain investor interest in the face of challenging macroeconomic dynamics? Learn more about emerging digital transformation stories from APAC in our expert spotlight blog.

City Skyline
  • Solutions
    • For Business
      • For Business

        Everything we do is designed to make your life a little easier. To help you get your work done as quickly and as productively as possible. Your deal is our business.

        Learn more
    • For Industries
      • For Industries

        We are Datasite. Creators of momentum, eliminators of doubt and builders of tomorrows. The leading SaaS provider for the M&A industry, we give dealmakers around the world the tools they need to succeed across the entire deal lifecycle.

        Learn more
    • By Need
      • By Need

        The best people. And the best technology – a SaaS platform that works across the M&A lifecycle. However you do your deals. This is the place to make them.

        Learn more
  • Platform
    • Overview
      • Overview

        Datasite's virtual data room suite is the best way to manage any due diligence process and share sensitive data. We make sure every aspect of your deal is covered. Our virtual data room consists of four core products that help you and your team automate the entire end-to-end M&A lifecycle.

        Learn more
    • Data Room
      • Datasite Diligence™

        Datasite Diligence Virtual Data Room (VDR) includes sophisticated analytics, an integrated redaction tool, ironclad security & world-class support with fast setup.

        Learn more
    • Deal Marketing
      • Datasite Outreach™

        Whether compiling buyer lists, or executing outreach activities and managing NDAs, Datasite Outreach is your essential resource for the deal marketing process.

        Learn more
    • Deal Preparation
      • Datasite Prepare™

        Datasite Prepare accelerates deal preparation with AI indexing, smart categorization, redaction & VDR integration to bring you into due diligence with a click.

        Learn more
    • Acquisition
      • Datasite Acquire™

        Take control of your process with Datasite Acquire, the first deal management platform designed just for you. Create a centralized, repeatable process from the comfort of your own VDR.

        Learn more
    • Deal Team
      • Datasite Experience™

        A data room is only as good as the people behind it. We’re your partners for ensuring speed, confidence, and successful results on every transaction.

        Learn more
    • Datasite for You
      • Datasite for You

        The Datasite value is unique to each customer. Tell us a little about yourself, and we’ll propose a solution that drives the greatest ROI for you and/or your client.

        Learn more
  • Resources
    • What is a Data Room?
      • What is a Data Room?

        Get a basic understanding of what a data room is and why it's a powerful tool for M&A, as well as many other applications.

        Learn more
    • New Features
      • What's New in Datasite

        Learn about the newest features available to Datasite users. Enable yourself to get M&A deals done faster and easier using the top tools available to dealmakers. Experience the latest innovations from Datasite, where deals are made.

        Learn more
    • FAQs
      • FAQs

        Questions about Datasite, M&A, or Data Rooms? We have the answers for you.

        Learn more
    • Insights
      • Insights

        Close deals, faster, with insights into every aspect of the industry. Read all about the latest M&A trends and best practices. And stay ahead of the game with exclusive analysis from our market-leading M&A software.

        Learn more
    • Events & Webinars
      • Events & Webinars

        Stay up to date with the latest developments and innovation in M&A. Join us at one of our live events, and learn something new.

        Learn more
    • Dealmaker's Circle
      • Dealmaker's Circle

        Help identify the technology needs of dealmakers across the M&A industry. Sign up for the Dealmaker's Circle and shape the future.

        Learn more
    • Data Room Training
      • Data Room Training & Certification

        The virtual data room (VDR) training and certification program is designed for individuals, businesses, and universities alike. Its sole purpose is to help people who are entering the working environment be fully prepared and conversant with one of the key tools they’ll be using.

        Learn more
  • Company
    • About
      • About

        The best people. And the best technology – a SaaS platform that works across the M&A lifecycle. However you do your deals. This is the place to make them.

        Learn more
    • Careers
      • Careers

        Ready for the next big challenge? Grow your career, and join our experienced global team, transforming the world of M&A software.

        Learn more
    • News
      • News

        Keep up with our latest media coverage and press releases. And get the breaking news on our technology, partnerships, awards and people.

        Learn more
    • Success Stories
      • Success Stories

        Datasite, the maker of Datasite Diligence virtual data room platform, helping dealmakers in more than 170 countries (and every industry) close more deals, faster. See our success stories.

        Learn more
    • Awards & Recognition
      • Awards & Recognition

        The judges agree. Buying or selling. Restructuring or fund raising. Acquiring or divesting. Datasite is the place get you there faster. The best people and the best technology. This is the place where deals are made.

        Learn more
    • Security & Compliance
      • Security & Compliance

        Trust, privacy, compliance and security are central to everything we do at Datasite. For over 25 years you have entrusted us with your most sensitive information. We take this responsibility seriously, continuously investing in industry-leading security across all aspects of our business.

        Learn more
  • Contact
    • Sales
      • Sales

        Speak to our authoritative sales team, wherever you are in the world, and we’ll get you started with a dataroom in no time.

        Learn more
    • Support
      • Support

        Get the world-class support you need, anytime, anywhere. We’re available 24/7/365, in up to 20 languages.

        Learn more

© 2023 Datasite All rights reserved

  • Terms of Use
  • Privacy Notice
  • Services Agreement
  • Suppliers
  • Anti-Slavery and Human Trafficking Policy

Datasite provides secure software solutions for managing the full spectrum of financial transactions — including M&A, restructuring & administration, and capital raising. Our intuitive platform offers ironclad security enabling file sharing and collaboration within and across organizations. More than a virtual data room (VDR), Datasite supports advisors and their clients across the entire deal lifecycle with secure collaborative software that shortens timelines for buy-side and sell-side teams from deal sourcing and deal preparation to post-merger integration (PMI) while meeting regulatory compliance — including GDPR and CCPA requirements. As the premiere virtual data room for M&A due diligence globally, Datasite is consistently recognized for breakthrough technologies like our AI/ML-enabled capabilities and automated redaction tools. Beyond due diligence, Datasite provides transaction and document management solutions for investment banks, corporate development, private equity, and law firms across industries.