UM

Verified User in Machinery

Enterprise (> 1000 emp.)

12/12/2017

"Positive experience. Easy to use! Convenient"

3.5/5

What do you like best about DealRoom?

Easy navigation; works on a variety of platforms, intuitive to use Review collected by and hosted on G2.com.

What do you dislike about DealRoom?

some sort of communication mechanism between parties in the room might be useful. Review collected by and hosted on G2.com.

NM

Natan M.

Associate

Investment Banking

Small-Business (50 or fewer emp.)

1/3/2017

"Easy to Use"

5/5

What do you like best about DealRoom?

The simplicity of the platform, and its ability to help organize diligence lists. Review collected by and hosted on G2.com.

What do you dislike about DealRoom?

Nothing so far that has been an un-fixable issue. Review collected by and hosted on G2.com.

Recommendations to others considering DealRoom:

My firm had never used a data room service before. We decided to use DealRoom because they were able to provide a reasonably priced solutions that clearly met our key needs. The customer support is great - anyone from the company who is available can help you when you have an issue and they are very open to incorporating customer feedback. Review collected by and hosted on G2.com.

What problems is DealRoom solving and how is that benefiting you?

I used to have to manually track diligence lists for difference investors/lenders, now I can enter them online, keep them organized, and keep the materials I'm sharing all in one place. Review collected by and hosted on G2.com.

AI

Verified User in Information Technology and Services

Mid-Market (51-1000 emp.)

12/12/2017

"DealRoom gets the job done."

4/5

What do you like best about DealRoom?

Ease of tracking in document access/logins Review collected by and hosted on G2.com.

What do you dislike about DealRoom?

Subscriptions to notifications difficult to change Review collected by and hosted on G2.com.

UI

Verified User in Information Technology and Services

Mid-Market (51-1000 emp.)

3/5/2017

"Late '16 / Early '17 Diligence "

4/5

What do you like best about DealRoom?

It's dependable (i.e. does what it promises to do) and the layout is basic and intuitive. Review collected by and hosted on G2.com.

What do you dislike about DealRoom?

I got email alerts CONSTANTLY. I realize there must be settings that I could have used to filter those but these reviews are incremental work - I don't have time to customize every platform we use. Review collected by and hosted on G2.com.

Recommendations to others considering DealRoom:

Spend some time understanding what can be done to optimize alerts. Diligence is often a short-window activity but one well-timed alert per day, outlining all new materials added to the site, would work a lot better for many. I also think it might be helpful to have a slack-like comms capability in the software - we had all kinds of dialogue going on via email referring to docs in the platform; doesn't make a lot of sense. Review collected by and hosted on G2.com.

What problems is DealRoom solving and how is that benefiting you?

Reviewing essential documents to understand the value / viability of potential strategic acquisitions. Review collected by and hosted on G2.com.

MB

Matt B.

Managing Director

Financial Services

Small-Business (50 or fewer emp.)

11/16/2016

"Best Dealroom Available"

5/5

What do you like best about DealRoom?

The ability to create DealRooms on demand is a huge value add for us. With the design, ease of use/ drag and drop user interface, creating a dealroom takes virtually no time. It is a direct mirror of our internal file system of folder organization. As such, we waste no time having to upload, convert, shuffle – fit our process into a predesigned framework. I’ve wasted hours/days/weeks doing just that using other providers, time that is better spent executing deals. Additionally, through the creation of user groups with identical access privileges, the required administration time is as minimal as possible. We have not yet incorporated using the question / answer functionality, but I definitely see the benefits, as we often find ourselves answering the same questions from multiple potential investors. I foresee that in the future we could manage the entire due diligence information dissemination process using dealroom, largely bypassing the cumbersome, time-consuming, email back and forth which is currently the norm. Our biggest obstacle right now is to find the time to fully learn and utilize all the functionality that is at our fingertips in dealroom Review collected by and hosted on G2.com.

What do you dislike about DealRoom?

There is nothing to dislike. The only I can say is that I don't have enough time to learn all of the functions. Review collected by and hosted on G2.com.

Recommendations to others considering DealRoom:

An absolute no brainer. At this stage, I delegate dealroom preparation and administration. However, the increased productivity I get from my analysts and associates is directly attributable to dealroom. That is real productive time spent on doing deals, not record keeping/administration. It provides tremendous value to the user. Review collected by and hosted on G2.com.

What problems is DealRoom solving and how is that benefiting you?

Efficiency. Dealroom makes creating a dealrooms as simple and fast as possible. I have personally lost days of productivity in dealroom setup and maintenance using other providers. Not to mention the robust functionality allows greater bifurcation, control of access, and most importantly data on usuage. Review collected by and hosted on G2.com.

JC

James C.

Senior Associate, Consumer & Retail Investment Banking

Investment Banking

Mid-Market (51-1000 emp.)

12/28/2016

"Good Tool"

5/5

What do you like best about DealRoom?

Great workflow management experience. Very intuitive product. I would use this product again for deal management workflows. Review collected by and hosted on G2.com.

What do you dislike about DealRoom?

Challenging to get clients to adopt the tool for usage. Review collected by and hosted on G2.com.

Recommendations to others considering DealRoom:

This is a great VDR solution if you have a technology-forward client. If you are dealing with Luddites, you will not see the benefit. Review collected by and hosted on G2.com.

What problems is DealRoom solving and how is that benefiting you?

Found a lot of workflow benefits, but struggled to drive widespread adoption for the tool. If you have a sophisticated management team looking for a VDR, this is one of the best tools out there. If you have a management team that is a bunch of Luddites, you are better off using a cheaper tool. Review collected by and hosted on G2.com.