LockRoom Blogs
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Exit Strategies for Founders: From Planning to Execution
2/5/2025
How Exit Planners Use Data Solutions to Maximize Business Value
2/3/2025
Virtual Data Room for M&A: Features and Benefits Explained
1/30/2025
Best Business Brokers: How to Choose the Right One for Your Exit Strategy
1/28/2025
Best Practices for Data Remediation During M&A Due Diligence
1/24/2025
How Virtual Data Rooms Enhance Confidentiality in Business Transactions
1/22/2025
Frequently Asked Questions
Virtual Data Rooms have features that other file sharing services do not:
- Advanced Security Protocols for Compliance
- Activity Tracking
- Export Audit Logs Export Data Room Indexes
- Special Access Restrictions
- Watermarking for Documents
A data room is a secure place to store and share business documents for M&A deals, fundraising, and other activities that require due diligence. Data rooms are also used by law firms and journalists for regulatory reasons.
LockRoom was built specifically for boutique banks and M&A Advisors that work on multiple sell-side deals at the same time. That being said, it can be used for any/all M&A transactions, IPOs, etc.
- Drag & drop your existing folder structures
- Add users by entering their email
- Give or restrict access to files
That is for you to decide! This Data Room Comparison Chart allows you to compare the top data room providers.
Anywhere from $300-$1,200/month.
Check out this blog post on 'How Much Should a Virtual Data Room Cost?' if you want to learn more.