M&A and Private Equity
When corporate legal teams help clients sell, acquire, and combine businesses, coordinate leveraged buyouts, raise capital, and manage distressed investments, closing deals on time is critical. When deals involve numerous parties, the review and negotiation of a multitude of documents, and the transfer of millions to billions of dollars to different stakeholders, legal teams lose valuable time revising checklists, sending updates, managing signatures, and creating closing books.
4 Major Pain Points in M&A and Private Equity Transactions
Controlling Due Diligence
Due to the substantial size of these transactions, careful diligence is required. This process involves the review of large sets of documents by many different parties.
Manually updating large checklists and sending and receiving documents through email makes it difficult to keep track of all versions and deliverables throughout the closing process.
Creating signature pages for all documents that need to be signed, and compiling, sending, and tracking signature packets for each signer takes time away from higher-priority work.
Creating Custom Closing Books
When multiple parties are involved in a deal, there are piles of documents and unique versions of closing books that need to be made. Closing book creation can take hours to weeks.
Bringing Order to Complex Transactions
Convert the manual, tedious process of managing transactions into a secure collaborative workspace with Litera Transact.
When you are working on M&A and private equity transactions—Litera Transact can help you streamline diligence review with an organized data room, provide real-time updates with a centralized checklist, add speed to the signature process, and create custom closing books in minutes.
Remove approximately 70% of the steps in the deal process, which reduces write-offs and allows legal teams to focus on higher-value work.
Centralized diligence and closing checklists make it easier to communicate with all parties by providing real-time updates.
Save 60–80% of time spent managing the signature process and create large closing book sets in minutes.
Protect clients’ information by sharing documents within a secure platform and ensure collection of all final executed documents.