A successful acquisition is an important step in the expansion strategy of your company. It can increase your market share, boost revenues and profits, and help you reach new markets. However, there are a lot of moving parts and coordinating with a variety of stakeholders can be challenging. There are numerous tools available to assist with M&A. From due diligence to negotiations, and signing. Which one is right for you?
A few of the most well-known M&A tools include virtual data rooms (VDRs) and project management software. VDRs are excellent for storing and sharing deal-related files, and they offer features like granular permission settings such as task tracking, task tracking, and document versioning to streamline collaboration. But, they do not solve the entire M&A process and can create inefficiencies when teams are managing documents and requests across platforms.
A more comprehensive M&A solution is an M&A software platform that centralizes and automates the entire M&A process. Examples include Midaxo and Ansarada, both of which provide an array of automation tools to manage, visualize, and track the full M&A lifecycle. Midaxo, cloud-based M&A software, is designed to assist you in evaluating and prioritize growth opportunities, monitor progress on projects, and work with stakeholders. However, reviews of its users have criticised it for its lack of integration and customization capabilities which makes it unsuitable for frequent acquirers.
Ansarada an international M&A Software company, has offices in Sydney and London, Amsterdam, Johannesburg and Chicago. Its software is used by more that 10,000 companies, and the company claims to have processed more than $1 trillion worth of deals through its platform. Ansarada also offers special M&A tools, including security, governance, and compliance management.