Knowing which merger or acquisition to agree on within the business involves risk. One bad decision could result in a company becoming bankrupt, so it is advisable to access expert guidance and insight. Designed to help you make the best business deal, Datasite analyses up-to-date market information to support you in making the right decision.
Previously known as the Merrill Corporation, Datasite operates across the world. But what are their features and how are they unique to other virtual data rooms?
Year Founded 1968
Datasite is a well-established data room for large companies who want to make deals effortlessly.
Using Datasite, organizations are able to centralize diligence to improve and develop collaboration. This significantly speeds up the process for dealmakers.
A vast amount of data and documents can be uploaded to the platform. You can then organize your files and any partner information tailored to your needs. Furthermore, designed checklists and streamlined processes with clients will help you to quickly make amendments where necessary.
Datasite offers users the ability to use automated redaction. You can make sure that you do not miss out on any words that should have been redacted if done manually!
In addition, competition activity can be tracked, providing insight and answers related to the best deals available. Reports are compiled regularly and can be sent straight to your inbox so you never miss out!
Datasite Product Details
Average Users' Ratings
Provider's Features Rating
Data was gathered from our users' reviews and data from G2 and Capterra.
Merrill DataSite Pricing
A free trial is available to you so that you can experience Datasite firsthand. However, the entire software package does require payment and is tailored to the needs of your business.
Datasite features a single sign-on integration (SSO), which allows for quick and secure access to a data room with a user’s corporate account. Additionally, SSO ensures the highest level of security authorization to the data room, which guarantees a fully secure login.
Unfortunately, there’s no information on other integration options available in Datasite. User reviews also lack any details on integrations.
Features of Datasite
Datasite offers real-time and predictive content across their services, helping dealmakers achieve success. What is different about Datasite and the features that they can offer you, however?
As the only virtual data room that enables built-in redaction, Datasite is the perfect choice for your due diligence documents. Being able to redact any necessary information is a priceless feature for some companies and their deal preparation. This ensures that you can manage your documents effectively throughout the lifecycle of deals.
Enter Datasite to access sophisticated analytics that you can trust, underlining the available opportunities to make deals and complete transactions. Datasite analyses company data and relevant merger and acquisition activity to review potential investments.
Future trends are highlighted using the latest technology, enabling your company to make the best decision through this easy process.
A detailed analysis and important case studies are integrated to determine the future of mergers and acquisitions across the world. Your company will receive the latest real-time information from this leading software to ensure your deals succeed.
Multiple deal drivers
Datasite offers more in their SaaS platform. Expert analytics help you to understand and develop data and insights into potential deals. They can also help you every step of the way until the transaction is complete, including post merger integration.
Some other organizations focus solely on mergers and acquisitions, but Datasite values all deal success! You can focus on all aspects of company deals and due diligence — from bankruptcies, divestitures, fundraising, and IPO.
Covering 20 different languages, the customer service team at Datasite are there for you when you need them. You can access help from the experts over the phone, or through the online portal. You can receive the answers that you need in a simple way.
Datasite also offers support in the form of a certification program, providing your team with the tools and skills they need! Compliance with the program will continue the benefits experienced by your business!
A simple process enables you to join software training, overcoming previous challenges. The VDR Certification Foundation begins with data and VDRs and the benefits of VDR in the industry. You will then complete a scenario using VDR and complete an assessment of the technology.
Security is paramount for Datasite, allowing organizations to know that their data is safe with Datasite’s technology. Due diligence and data is secure throughout the lifecycle of the deal.
Review the specific security information when you sign up to Datasite.
As well as merger and acquisition transactions, clients can enjoy a range of benefits from Datasite. The Datasite team can advise you about up-to-date legal and private equity matters, as well as investment banking.
Furthermore, files can be uploaded and viewed just like any other data room. Partners can collaborate across the entire platform, using tools to prepare the deal and due diligence. You can view documentation and effective solutions and compliance, aiding collaboration for your company.
Datasite offers the usual features of a virtual data room such as being able to easily search for a document. Optical character recognition is apparent, in addition to being able to search for text.
Leave your review
Using Datasite for a due diligence process was good and overall I was pleased with the results. The user interface is intuitive, which made the process a lot smoother. The only downside is that it’s quite expensive compared to other services in the market, but if you’re looking for a reliable data room solution it’s worth considering.
I’ve decided to choose Datasite when I saw their rebranding. The interface now is quite minimalist and easy to use — you wouldn’t even think that this data room isn’t some cool startup. I especially enjoy the graphs in reports. They’re very colorful, and we often use them during board meetings as a part of our presentation to show the results of recent deals.
My company was using Merrill for due diligence for quite a while, but now we’ve switched to iDeals. It’s cheaper, and it offers way more features than datasite does. So I am not sure if Merrill is worth that money.
I quite like what they did with the data room after the design change. It became much easier to use, and I like the interface more now. The features remain the same – and they’re rather standard. I can’t tell that this data room offers anything unusual.
It’s a basic yet good data room that is a bit overpriced, in my opinion. I might switch to another provider as I find a better or at least cheaper option.
I’m using this data room for M&A, and I find it sufficient and rather simple. However, I didn’t try using it for any other purposes so far.
Our company switched to Merrill virtual data room just recently, and we so far like this software. This provider performs better than the previous one, and we got used to Merrill quickly. It is easy to work with files in this data room, especially thanks to text recognition.
We’re using Merrill VDR for M&A as a sell-side, and it works well for us. The interface looks to me somewhat outdated, but that’s not a big deal. It is easy to understand – that’s what is important. And our partners don’t seem to have any issues with this data room.
We were using Merrill virtual data room for several years, and it fits our needs entirely. Sure, we had some inconveniences throughout our experience. But the support team is always very helpful. I believe that this provider will fix even those smallest drawbacks it has any time soon.
Merrill data room is very straightforward and pleasantly-looking, in my opinion. We are completely satisfied with all the features it offers. And over the time we’re using it – a couple of months – we’ve never experienced downtimes. However, maybe in the future, we will spot some flaws.
We find DataSite Merrill to be very simple in terms of the user experience. None of our team members or partners had any issues using this data room. However, we haven’t invited our clients to it yet. But I believe, they will find the interface intuitive, too.