Modern dealmakers require a solid personal network, sharp intuition and the appropriate tools. The best software for dealmakers improves workflows and task management. It also strengthens the security of data to aid dealmakers in closing more deals and achieve higher returns.
A good M&A platform will have centralized project management tools for collaboration and communication as well as strong integration APIs to consolidate and make use of tools that are niche. This helps to improve the efficiency of M&A processes and reduces the risk of having multiple sites dealing with the same information, which can lead to a higher chance of security issues and duplicate work. Sourcescrub is an example of a deal sourcing tool powered by AI that gives private equity professionals and investors a comprehensive view of the private markets. It provides access to 15 million companies plus 150,000+ sources and more. The software offers augmented analysis as well as real-time target alerts in real-time and custom relationship intelligence scores and already-built CRM integrations.
Another M&A software to consider is Grata which allows for an in-depth due diligence process by analysing billions of data points, identifying financial risk factors and conflicts with portfolio companies. It also helps dealmakers to make better informed decisions by providing information and analysis on topics in investment, industry valuations and valuations of companies.
When it comes to eSignatures, a key feature in the M&A Process, it is essential that the solution is integrated seamlessly with the rest of the firm’s tech stack. Mat and Rebecca decided to go with HelloSign as an eSignature solution that provides top-tier organization of remote work of the board security and confidence while seamlessly connecting to the DealMaker program to provide a seamless experience for their clients.