Business Acquisition (M&A) Transactions:
How Deals Get Done® (A Virtual Data Room . . . And More)
Transaction Commons organizes documents and information for a specific transaction like a virtual data room. The organized collection of information and documents available to a clearly defined team working to complete that transaction. Transaction Commons also provides a complete history of all negotiated agreement versions – eliminating the wasted time and potential errors that result from searching emails or shared folders for document versions. From the letter of intent, to the definitive agreements and closing, and through any post-closing working capital adjustments or dispute resolution, Transaction Commons is the common ground for all shared transaction documents and information.
Transaction Commons will also streamline these specialized document and information management situations:
Real Estate CommonsTM
How Real Estate Deals Get Done
Effectively complete commercial and residential real estate purchase and financing transactions. Share due diligence information like photos, inspection reports, surveys, and financial information. Exchange and track versions of agreements and other transaction documents with the team of owners, buyers, tenants, brokers, accountants and attorneys.
Keeping Compliance Efforts Organized
Transaction Commons provides an efficient repository of documents and information to support legal compliance efforts. Compliance policies and procedures, including required reporting forms and even training videos, are available in a uniform and organized structure.
Private Company Investor Communications
Distribute and collect investment information, capital call notices, and tax documentation. All are accessible to a defined set of users, including investors, financial advisers, accountants and attorneys. Your Investment Commons can be organized around an individual investor’s investment or an overall private placement investment transaction.
Team Collaboration on Projects
Transaction Commons lets you organize and manage documents and information to efficiently complete projects that are not traditional “transactions.” A project team is defined and a uniform set of project documents and information is available to all team members.
Ongoing Management of Business Documents
Transaction Commons lets you organize and manage business-critical documents and information, including agreements and corporate records (minute books). Whether you are building your business for the next generation or for an anticipated exit transaction, it is critical to have a robust and current document and information archive – available to current management, a potential buyer, or your business succession team.
Estate Plan CommonsTM
Use Transaction Commons to collect and manage key estate planning documents, including current document versions in process as well as archived executed documents. Access can be provided to your professional team and others as desired.
Benefit Plan CommonsTM
The need for control and organization is particularly strong in the case of 401(k) plans, with their broad scope of document and information requirements. By defining the team responsible for various aspects of the plan, and ensuring that consistent information is available to all of them, Transaction Commons helps eliminate the risk of inconsistent or incomplete documentation and inefficient or incorrect operation.
Dispute Resolution CommonsTM
Transaction Commons provides an ideal platform for sharing background information and evidence (and hopefully settlement document draft versions) as part of the mediation or arbitration process.
In all of these situations, TC’s key elements are essential:
Track negotiated document versions and keep transaction information organized in one place.
Each party can control who has access to the transaction and who can see details about their team’s transaction activity.
Exchange transaction documents and information more securely than using email.
Reasonably priced by the transaction or in multiple transaction bundles.