Features / Data rooms
A room where the bidders never see each other.
A deal puts each side on its own party: the seller, and each bidder under its own name. The room is indexed the way disclosure is always indexed, and a question from one bidder is visible only to that bidder, the seller and your team.
Stannard Holdings sale
Indexed · 6 sections · 3 parties admitted
39 of 50 provided11 outstanding
Corporate
12 documents · all provided
Financial
14 documents · 3 outstanding
Contracts
9 documents · 5 outstanding
How a room differs from a pack
Everything else in Docsroom is one person answering you. A room is several parties reading the same index: buyers for a business, investors in a round, bidders for a building.
- Documents are shared with the whole room, read only
- Each bidder is a party, with its own people
- Bidders never see who else is in the room, or how many
- A question becomes a request private to the party that asked
- An answer can be shared with everyone in one action
- Terms of access can be required before anything opens
- Withdrawing a party’s access stops it at once
- The whole room downloads as one ZIP
Terms first, or nothing
Until a bidder accepts the terms, the portal shows the terms and nothing else, and every document answers a refusal. Each acceptance is dated, against the party.
Questions stay in their lane
Diligence questions arrive as requests with a thread, an owner and a date, like everything else. They do not become a separate inbox.
Read only means read only
A bidder downloads and asks. Nothing in the room can be changed by the people reading it.
What a bidder sees
The index, and the documents. Their own questions and the answers to them. Nothing about anybody else in the room.
Stannard Holdings
Meridian Partners · what you can see
Corporate · 12 documents
Financial · 11 of 14
Employees
Not provided yet
Built from a template
The business sale template opens with the sections a buyer’s solicitor asks for: corporate, financial, tax, contracts, employees, property, legal and compliance. Add to it, reorder it, or start from an empty room.
- An index you can add to
- One party per bidder
- Every download recorded against the party that took it
Ready to admit a party
Stannard Holdings sale
Meridian Partners
Terms accepted 2 September
Calder Equity
Invited 4 September · terms not yet accepted
Hale & Prentice
Advisers to the seller
The log answers the awkward question
Who looked at the pension deficit, and when. Every download, question, upload and terms acceptance is one line with the party against it, in order, under the room itself. It is the record you want on the day somebody asks what a bidder actually saw.
Open a room for your next deal.
Free for 14 days, no card.