Datasite overview
Merrill Datasite specializes in M&A lifecycles, and particularly M&A due diligence. The provider comes with over two decades of experience that has established its brand in the financial industry.
A Datasite due diligence data room is a functional tool for collaborative and confidential deal processing. The platform enables fast and convenient document management with bulk uploading and zip file support, AI-driven document redaction, and automatic data categorization.
- Provider summary: The Merrill Corporation, a financial printing company, established in 1986, rebranded as Datasite. The provider targets primarily large and enterprise-level companies in investment banking, legal, and PE sectors.
According to user reviews, the Merrill Datasite interface is functional but slightly outdated compared to the tools it integrates with. However, the platform is available via various devices, allowing for remote access.
Security
Datasite is compliant with international security standards and has earned the following certifications for data room due diligence procedures:
- ISO/IEC 27001
- SOC 2
- GDPR
- EU-US Privacy Shield
Datasite’s security features include precise access permission management, detailed activity analytics, and encrypted data transfers. As a due diligence data room for M&A, Datasite prioritizes data safety and ensures it through intricate hardware and software design.
Pricing
Considering that Merrill Datasite primarily works with large-scale organizations, they offer a premium pricing structure. The company bases pricing on the number of pages within the data room.
Datasite data room due diligence pricing is specific to each user’s requirements and preferences. The provider doesn’t offer a trial period to new users.
Support
The expert team at Datasite is available in 20 languages and supports users by phone, email, and live chat.
Is Datasite a due diligence data room?
Merrill Datasite is one of the few VDR providers on the market that focuses on M&A cycles. While this prioritization might make Datasite unsuitable for other operations, the due diligence procedures are very likely to go as smoothly and as effectively as possible.
Here are Datasite’s most notable data room due diligence features:
- Straightforward Q&A management
- Granular user and group permissions with easy-to-understand icon representation
- Dashboard-style analytics
Datasite offers great value for navigating and organizing due diligence in complex M&A transactions. Additionally, the provider delivers services for other stages, allowing client companies to continue using the tool throughout deal processing and post-deal integrations.