Evolve or Repeat

Imagine this...

Part 1 - You and your team just sign the engagement letter with a new client and you begin to write the CIM or CIP. Upon completion of the Powerpoint you drag and drop the final document from your desktop into suggested software where it converts the book to digital format. You import and excel list of contacts from your CRM (Salesforce, DealCloud, etc.) and click "Send" to e-mail the CIM out to the list of buyers. Because its digital the watermarks are automatic and you can track when someone opens the book, who they share it with and how long they spend in a particular section. The excel files for modeling inside the digital book are downloadable and editable for other parties to do their own modeling without recreating their spreadsheets. As buyers drop out, simply click "Deactivate" or "Return and Destroy" to revoke access to the dealbook. When you receive your first IOIs, simply click "Launch Project" to open up the data room for due diligence. As IOIs are received you (as the seller) are notified and can automatically grant access to the buyer to the data room.

Part 2 - The data room as part of suggested software opens and the project begins. In the data room, the index tree sits on the left, the document you want to view appears in the middle, and the diligence checklist sits on the right (three panel interface). As the deal progresses you are able to check your progress via the checklist on the right. If you want to analyze the documents for "change of control" "indemnification" "termination" simply click "Analyze Documents" and a module will pop up giving you access to 1) login with current credentials to analysis software OR enter your credit card information to use the software immediately. Once logged in to the analysis software you are able to review the documents and export summaries into word or excel. When LOIs are received, the seller automatically sends a draft of a purchase agreement with necessary fields to complete for the buyers to fill out and load back on the suggested software. The software automatically creates a summary chart of the most relevant and material terms – price, escrow, etc. from all LOI buyers for the seller to compare and negotiations can occur via message & chat directly from the software instead of e-mail. When a final buyer signs the final purchase agreement the seller simply clicks “Close Project” within the data room and a module pops up. The download of the entire project begins automatically into a zip file where the seller can then drag & drop zip file onto blank USBs and/or keep on a hard drive for future reference.