Using Ansarada lowered the stress of the deal. The buy side, as we did, found ansarada easy to use, Using Ansarada lowered the stress of the deal.

To ensure that all the jigsaw pieces fit together seamlessly we use Ansarada.

When we were first starting out with our fundraising, the company that was assisting us recommended ansarada, so we took it from there. I didn’t have much experience with data rooms, but after using Ansarada I would describe my experience as wonderful. Not that this is a bad thing but there has been very little need for human interaction. I haven’t needed much help at all since the beginning of the process. The data room is very easy to use and you are always confident your information is available, safe, secure and accessible from anywhere in the world, so we’ve really had nothing but great love for it. The main benefit is how simple it is to give access to those who you want to see your information. It’s easy to set people and groups up, it’s easy to deny access to certain documents, and it’s easy to watermark documents. Our business has grown so much in the last six months, so we’ve had large volumes of data added to the room. With the data room, you’re able to notify people as soon as new information is in there, quickly and easily. It’s just a great single source for all our information that we want to share with our potential investors. I would definitely recommend Ansarada. The data room is so well mapped out. Ansarada really have a great understanding of what a data room is used for; all the checks and balances needed to make it a safe and trustworthy environment have given us great confidence. Overall it’s been a terrific experience – nothing but smooth sailing.

My initial view was that data rooms were a requirement. They weren’t exciting, they weren’t interesting, I just didn’t care. For previous deals we had used Intralinks and Imprima. I wasn’t impressed with either one, so when the option to try something else came up, I thought ‘why not?’ Ansarada had the security accreditations we needed which was the reason I was able to make the change. In terms of difference, first of all there is the clean UI. They have four buttons that have everything I need and want and nothing I don’t. It’s clean and isn’t cluttered with features I wouldn’t use. Running the M&A process through the data room was easy. The best data room is one you don’t know exists. It was seamless, there were no problems, everything just worked. Compared to the larger players like Intralinks who are just running through the process, ansarada understand me. My account manager understood what my end goal was and produced a solution that worked for my deal. All the major data room providers store files securely – it was the customer service which made the difference, it just made the whole process smoother. That is why I would absolutely recommend ansarada.

One of the best things about the ansarada tool is you get to choose who sees a particular document, and then you can actually see when they’ve seen it, for how long, and who it is, which is great. When we’ve got a competitive bid process, there’s a bit of subjective opinion and you can see who’s actually making an effort in an ansarada data room. You can spot a tyre-kicker straight away because they’ll go and have a look at a document and then they won’t do too much more. They’ll do some token due diligence but they’re not really poking sticks all over the place. So you just know you really don’t want to deal with those people. You’d never know that if you didn’t have an Ansarada tool. And if they throw a massive team of people in there going hard at it, you can see that through the reports, which is great. It’s probably the best tool in a competitive bid scenario, for that reason, particularly when you’re dealing with competitors who can ruin you tomorrow.” Warren makes use of Ansarada’s secure by default features – which prevent accidental disclosure – when building a black box component into a deal. The information secured in the Black Box remains secure until very late in the deal process, sometimes until after contracts are exchanged, thereby maintaining business confidentiality. “You have to do it in industries where if you revealed everything about your business, you’d be gone tomorrow. In most industries, it’s probably okay to leave the black box until the very end, and then reveal it before exchange. But in some industries it’s just an absolute no-no … and there can be a condition precedent that says there is going to be certain information they’re not going to see until they’ve exchanged contracts. You don’t want to be giving them the crown jewels. Then there’s a mechanism in the sale agreement that allows them to walk away if there’s a terrible thing in that information.

Ansarada is quick to get a data room up and running, is cost effective and saves the pain of having to collate and organize the hundreds of questions bidders typically have during due diligence, End to end the Ansarada system is fantastic.

The support team at Ansarada are very professional, responsive and a pleasure to deal with – features which unfortunately seem to be rare in this industry. 10/10.

The Ansarada data room solution is definitely time efficient. I use Ansarada and I have now run several data rooms across multiple Deloitte offices. The service has been very good.

Ansarada’s data rooms are functional, dynamic and extremely user friendly, Our team found the interface to be flexible and the support team available, aiding our advisory work by helping to maximize competitive tension between parties in the process.

We only had a small management team, and were up against a significant panel assessing due diligence. It was crucial we had an organised, professional structure for supplying information. Ansarada’s product is fantastic. It contains the features we needed, and only those that we needed. It was easy to use and certainly helped us get the deal done in an organized and professional way. The Ansarada support was really on the ball and answered my questions in a quick and effective way.

Ansarada’s data room is intuitive and very user-friendly. Their global coverage helps us manage projects across borders and time zones easily. It makes the flow of information simple during fundraising and due diligence. During a raising, you’re moving documents around different jurisdictions, making sure each person has exactly what they need for their region, and only what they need. Rather than needing to send documents out to multiple people individually, Ansarada’s data room makes the management of this process straight forward. You can put yourself at risk without a system like it. And importantly, they have a great team behind the product. I find everybody is easy to talk to and can resolve any matters that arise straight away. Consistently across the board Ansarada’s people are responsive, friendly and knowledgeable.

Ansarada took the time to understand the transaction and deal process that we were undertaking and then worked with the seller to support them in populating the data room effectively. I would recommend Ansarada as the platform is reliable and easy to use, and is backed up by a knowledgeable, friendly and responsive support function. The Ansarada team understood the specific deal situation and tailored their approach to meet the requirements of the deal.

Knowing that Ansarada’s client support services people can cover you at odd hours of the day or night during a M&A deal was something we very much appreciated.

With Ansarada data rooms we know where everything is while the ansarada reporting function is very useful, If we have to call Ansarada support we are never left on hold. There is always someone to talk to no matter what time of the day or night it is. Ansarada client support can jump right in and fix any problem you may have.

I would certainly come back and use Ansarada’s data rooms again, Not only would I use the Ansarada data room again but all of my team involved in the deal would too.