Strategic companies frequently evaluate their performance and organizational structure to identify opportunities for improvement. An evaluation can focus on one or multiple business units. The goals of the evaluation are to maximize profit and/or liquidity, and to adjust to changing and challenging competitive business conditions.
Among the conditions that trigger a restructuring or turnaround:
- Change of ownership or structure
- Debt or financial restructuring
- Asset sales
Restructuring and Turnaround Due Diligence
Due diligence is the formal process of evaluating a company’s performance, which often requires collaboration between analysts, accountants, lawyers, and other third parties. Since due diligence involves sharing confidential documents, security must be a primary concern. Information leaks are a competitive liability that must be prevented.
Another maxim of restructuring and turnaround due diligence is that timing is of the essence. While the process is often difficult and time-consuming, it is essential to meet deadlines to maximize asset value and business performance.
What’s needed is a secure document sharing and collaboration environment that protects both archival and work-in-progress confidential documents, and software that makes it easy to organize, view, access, co-author and organize documents, with very strict administrative controls over who can do what with each document.
ShareVault is the field-tested solution.
ShareVault is used around the world to facilitate secure document sharing for a wide variety of restructuring scenarios. Our secure document management solution includes both a virtual data room (VDR) and a secure collaboration environment. They let you protect archived confidential documents as well as work-in-progress documents as they are co-authored in the cloud, by multiple internal and external collaborators.
ShareVault provides fast and intuitive organization of documents with password-protected control over access; a comprehensive audit trail for accountability and advanced analytics giving you the visibility to see precisely what each user did with the documents they viewed.
ShareVault has facilitated tens of billions of dollars in restructurings, turnarounds, and merger and acquisition deals. With a track record of more than 15 years of success, ShareVault has become the go-to solution for due diligence. Our goal is clear: Let our clients Focus on the Deal. Not on the Software.
Below are recommendations for selecting the ideal software solution for your restructuring or turnaround deal.