Mergers & acquisitions are transactions involving the ownership of companies or their business units. They relate to company acquisitions and mergers, leveraged buyouts, operational handovers, joint ventures and spin-offs. In the German-speaking world, the term M&A also encompasses outsourcing and insourcing. For this purpose, data rooms are required, which the companies themselves as well as their consultants, auditors, investment banks and other companies use.
History of M & A
Mergers & Acquisitions originated in the late 18th century, and the first takeover waves were in the USA at the time. Since then, the company has set up its own data rooms for M & A, which were called Data Rooms at that time. They contained all the important documents so that the decision-makers were informed about all the key figures of the companies involved. Users used secure data rooms, often in banks. Also specially guarded rooms served the data storage for the due diligence. At the time, company numbers were even more secret than today, as companies were not yet obliged to publish their accounts in the same way as in the 21st century. There were certainly no company registers or other service providers who now offer access to the basic data.
Virtual Data Rooms for M & A
Today, the really important data is still secret, which is stored in virtual data rooms. These are located in highly secure data centers. Users can access the databases only with a password. The German companies attach great importance to data backup in Germany. The dataroomX® saves the M & A data in a certified data center, the databases and encryption technologies used by German developers. The handling is simple, the prices are fair, hidden costs do not exist.