Ansarada is the sole provider of virtual data rooms that claims the title of being ‘designed especially for M&A.’ As with any other provider out there, Ansarada data room has its advantages and disadvantages. Various interfaces are create to cater for analysts, sellers and advisors; every feature was added with the idea that they all contribute to making the M&A process better and smoother. In terms of size and history, it may be behind some of the more established data room providers but Ansarada can hold its own thanks to the quality of their product and services.
Ansarada Virtual Data Rooms
The idea of Ansarada began back in 2005 when an M&A deal among two accountants and a software developer, the transaction met with a lot of frustrations due to lack of options with data room. And what did they do? Surprisingly, all three went brainstorming and ended up joining a notable entrepreneur and set out design and create solutions for businesses and dealmakers alike. In the end, they came up with a practical and innovative software that acts as a tool for the improvement of companies and advisors.
Ansarada’s Data Room facilitates a secure environment where bidders can quickly locate whatever is relevant alongside answers to any and all queries that they have. For sellers, Ansarada designed over a hundred features like reports which closely monitor interests, bidder activity and security controls. Product demonstrations are readily available, so if you’re a potential client with slight reservation then maybe seeing the product in action will steer you towards a yes. As for the fees, data room frees begin when the initial bidder enters the data room. Doing so allows advisors and sellers to immediately setup and use the room in preparation for the last set of diligence materials without being charged with usage costs.