DealRoom

4.6 (248)
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M&A Lifecycle Management Platform

Overall rating

4.6 /5
(248)
Value for Money
4.4/5
Features
4.3/5
Ease of Use
4.5/5
Customer Support
4.6/5

92%
recommended this app
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248 Reviews

Daniel (Dan)
Daniel (Dan)
Overall rating
  • Industry: Real Estate
  • Company size: 2–10 Employees
  • Used for Free Trial
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 8.0 /10

Excellent tool

Reviewed on 2018/12/14

so far so good!

so far so good!

Pros

saving time. technology helps put decisions into action

Cons

bit expensive. been trying to create something proprietary

Response from DealRoom

Thanks for the review Dan! Glad to hear everything is going well so far and glad the platform is helping you save time. Let us know if we can do anything else to help!

Verified Reviewer
Overall rating
  • Company size: 11–50 Employees
  • Used for 6-12 months
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 8.0 /10

High quality and reliable

Reviewed on 2018/04/17

Virtual data room to track buyers and provide them access to sensitive company documents for their...

Virtual data room to track buyers and provide them access to sensitive company documents for their due diligence.

Pros

The security and ease of use is very helpful. We are able to get potential buyers all of the relevant documents in a concise manner and to track who is reading what documents.

Cons

Being used to other virtual data room databases, it takes a bit of time to get up the learning curve on the nuances of DealRoom versus others.

Amy
Overall rating
  • Industry: Mental Health Care
  • Company size: 501–1,000 Employees
  • Used Daily for 1-5 months
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 7.0 /10

Good M&A organizing Software

Reviewed on 2021/10/06

Great customer support

Great customer support

Pros

the pre-loaded lists to things to choose from, organization and periodization of tasks.

Cons

New to it so still struggling to figure it all out. I really dislike that I can't track contacts and follow up prior to getting someone to a possible deal.

Verified Reviewer
Overall rating
  • Industry: Financial Services
  • Company size: 201–500 Employees
  • Used Weekly for 6-12 months
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support

DealRoom is most intuitive data room I've used thus far and customer support has been great.

Reviewed on 2018/04/17

Pros

This software is easy to use and very intuitive. We've had several clients comment about how simple the experience has been so far.

Cons

There are no real cons about this product thus far. I have not had any issues using DealRoom since I became a customer.

Verified Reviewer
Overall rating
  • Industry: Investment Management
  • Company size: 2–10 Employees
  • Used for Free Trial
  • Review Source

Overall rating

  • Ease of Use
  • Likelihood to recommend 9.0 /10

Well-designed Data Room

Reviewed on 2018/07/27

I was given access as part of a due diligence data room. The file structure was easy to understand,...

I was given access as part of a due diligence data room. The file structure was easy to understand, and downloading was simple. There were a number of features that were beyond my typical data room experience, but I believe could be useful.

Pros

The ability to request information through the platform, the download process was easy.

Cons

While intrigued by the ability to request information, I didn't use it, because I generally err towards direct email asks. If this was an internal project, I could see the use for the information request features.

Response from DealRoom

Thanks for your feedback on using requests! If it was ever something you were looking to use in an upcoming project feel free to get in touch and happy to talk about best use cases. Thanks again!

Verified Reviewer
Overall rating
  • Industry: Management Consulting
  • Company size: 1,001–5,000 Employees
  • Used for 6-12 months
  • Review Source

Overall rating

  • Ease of Use
  • Likelihood to recommend 5.0 /10

Deal Room

Reviewed on 2018/12/27

Served as a buy side consultant

Served as a buy side consultant

Pros

Easy indexing
easy to navigate tree
clear TOC

Cons

difficult to download
Q&A had too many approval steps

Response from DealRoom

Thanks for the review! Glad the platform was easy to index and navigate. We have requests you can download, not necessarily Q&A, but happy to have someone on our team go over it with you! Thanks again!

Verified Reviewer
Overall rating
  • Industry: Investment Banking
  • Company size: 2–10 Employees
  • Used Weekly for 1-5 months
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

Fantastic Agile M&A platform

Reviewed on 2018/09/06

The platform offer a very good user experience and enable the administrator to anticipate potential...

The platform offer a very good user experience and enable the administrator to anticipate potential challenges in the process.
M&A advisers can clearly benefit from DealRoom Agile M&A.
DealRoom also has a very good cost/benefit and flexible pricing structure.

Pros

DealRoom has fantastic and unique features It is possible to upload the Request Lists and link related documents.

Cons

I think new features, like investors and targets contact logs, would be great.

Response from DealRoom

Glad to hear using requests and linking documents has helped save time in your process. The agile M&A techniques are great to use in conjuction with the software. Thanks for the positive feedback!

Verified Reviewer
Overall rating
  • Industry: Food & Beverages
  • Company size: 11–50 Employees
  • Used Weekly for 1-5 months
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 9.0 /10

Extremely Useful for Collaboration

Reviewed on 2019/03/12

Pros

We work on a small team that is spread out across multiple offices and this software enabled up to collaborate seamlessly and check on the progress of a task without being intrusive. Very easy to use.

Cons

There was a bit of a learning curve but once we figured out the software, it was excellent.

Response from DealRoom

Thank you so much for the review! Glad your team was able to collaborate and communicate over the platform. Happy to hear after the initial learning curve it was easy to use as well. Thanks!

Verified Reviewer
Overall rating
  • Industry: Investment Management
  • Company size: 11–50 Employees
  • Used Weekly for Free Trial
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 9.0 /10

Great Project Management Resource Tool

Reviewed on 2018/12/14

Pros

Ease of navigation; ability to assign tasks to individuals; combination of data room with project management

Cons

It would be helpful if you could hover your mouse over the "reply" icon and view the message instead of having to click

Response from DealRoom

Thanks for the review! Great to hear the combination of data room and project management would be useful for you, our main goal is to provide a tool to create efficiency in M&A. Let us know if you have a live project to try using the platform on! Thanks again

Verified Reviewer
Overall rating
  • Industry: Financial Services
  • Company size: 10,000+ Employees
  • Used Weekly for 1-5 months
  • Review Source

Overall rating

  • Ease of Use
  • Likelihood to recommend 7.0 /10

In Line with peer Companies

Reviewed on 2018/12/18

Easy to use in compared to other datarooms out there.

Easy to use in compared to other datarooms out there.

Pros

Intuitive to use, easy to search for documents.

Cons

No major issues! Seems like the speed of the site is good and easy to download. Would be nice to see what items you have already downloaded though.

Response from DealRoom

Thanks for the review! Happy to hear the interface was user friendly and easy to use compared to other vendors! Appreciate you taking time to leave feedback for us, thanks!

Michael
Michael
Overall rating
  • Used Daily for 1-5 months
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support

Simple and intuitive, DealRoom's interface made sharing and facilitating a breeze.

Reviewed on 2018/04/23

Pros

We loved the ability to loop in constituents from a variety of places to see only what they needed to see, as well as the granular level of visibility and control that made monitoring and compliance as pain-free as possible.

Cons

There were a few features that would have been great out of the box that weren't available, but our account team was happy to help us develop user-side solutions to accommodate nearly everything we wanted to do.

Response from DealRoom

Thanks for the feedback Michael and glad you had a good experience with the interface. Happy our team was able to help out as well! If there's anything else we can help with feel free to get in touch

Jonathan
Overall rating
  • Industry: Banking
  • Company size: 10,000+ Employees
  • Used Daily for 1-5 months
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 7.0 /10

Fast and intuitive

Reviewed on 2019/06/26

I have only used DealRoom as a user, but am definitely open to considering it as an administrator...

I have only used DealRoom as a user, but am definitely open to considering it as an administrator during upcoming engagements.

Pros

What I liked most was the speed and ease of the bulk download function. Due to the transactional nature of my work, I have used many different data room providers. DealRoom certainly performs in the top range and compares amongst the best. The ability to access and save a bulk download link is particularly useful when my internet connection may be patchy while travelling, and I might require multiple tries to download a file.

Cons

The notifications feature could be improved. As my organisation removes the formatting from emails, it would be very useful to have an option to send notifications as text (without html).

Response from DealRoom

Thanks for the feedback Jonathan! Glad all the features have been useful for you and for your thoughts on the notifications. Happy to hear you're open to using it as an admin as well. Feel free to get in touch with us directly to discuss more at any time!

Luis
Overall rating
  • Industry: Accounting
  • Company size: 10,000+ Employees
  • Used Daily for 6-12 months
  • Review Source

Overall rating

  • Ease of Use
  • Likelihood to recommend 6.0 /10

Simple but user-friendly

Reviewed on 2020/08/03

Good overall experience with using the platform to monitor new documentation that gets uploaded....

Good overall experience with using the platform to monitor new documentation that gets uploaded. While there's room for improvement, most of the basics are handled pretty well.

Pros

The software platform is easy to navigate and use for document reviews and downloads.

Cons

Lack of features typically offered by other third-party providers like bulk download, VDR export among others.

Response from DealRoom

Thanks Luis! Glad you had an overall positive experience and the platform was easy to use. We have bulk download capability and Export index functionality located on the Documents tab. Hope to work with on another project!

Whitney
Overall rating
  • Industry: Law Practice
  • Company size: 201–500 Employees
  • Used Weekly for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

DealRoom

Reviewed on 2021/02/18

We often use DealRoom to manage transactions--such a big help to keep everyone organized and on the...

We often use DealRoom to manage transactions--such a big help to keep everyone organized and on the same page.

Pros

My favorite is the ability to download the data room index and keep folders organized. Organization is key!

Cons

There isn't anything I like least about the software.

Response from DealRoom

Thanks for the positive review Whitney! Glad to hear you're happy as a long time user. Hope to continue to work with you on transactions in the future!

John
Overall rating
  • Industry: Investment Banking
  • Company size: 11–50 Employees
  • Used Daily for 6-12 months
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

DealRoom is very easy to use

Reviewed on 2020/07/24

Pros

Our analyst recently departed I so I had to quickly step into manage the VDR for a client transaction. To my happy surprise, DealRoom was very to use (and very intuitive). I highly recommend the product.

Cons

Nothing comes to mind. Perhaps the analytics behind how folks are using the VDR could be enhanced.

Response from DealRoom

Thanks John! Appreciate the positive feedback and glad it was pick for you to pick up during a transaction. Thanks again for the review!

Edgar
Overall rating
  • Industry: Accounting
  • Company size: 10,000+ Employees
  • Used Monthly for 1+ year
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 8.0 /10

Practical and good relationship cost-benefit

Reviewed on 2021/09/30

It has been a good experience. The interface is fine though it could be more user friendly

It has been a good experience. The interface is fine though it could be more user friendly

Pros

Affordable product, practical, it is a good alternative for small-mid sized companies that want to invest in a virtual data room in an M&A context

Cons

Ease of use can improve, could be more user-friendly and allow a better response to multiple downloads

Response from DealRoom

Thanks for the review Edgar! If you would like to provide usability feedback by emailing [email protected], it would be great to hear how we can make the interface more intuitive! Appreciate you taking time to leave a review!

Gilles
Overall rating
  • Industry: Food Production
  • Company size: 501–1,000 Employees
  • Used for 1+ year
  • Review Source

Overall rating

  • Ease of Use
  • Likelihood to recommend 6.0 /10

General comment

Reviewed on 2021/02/26

Very good overall

Very good overall

Pros

Ease of access and download, limit that need for attachment

Cons

Sometime hard to navigate. going back and forth should be simplify

Response from DealRoom

Thanks for the feedback Gilles! Glad the platform was easy to use and easy to download from. If you're able to contact [email protected] with additional context on simplifying going back and forth, happy to discuss further! Thanks for taking time to leave us a review!

Tobias
Overall rating
  • Industry: Medical Devices
  • Company size: 11–50 Employees
  • Used Weekly for 1-5 months
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 5.0 /10

Average Software

Reviewed on 2020/10/04

Average experience. Wanted to have a place to safely show internal documents to external users.
Howe...

Average experience. Wanted to have a place to safely show internal documents to external users.
However, the user experience feedback from the external users were less then positive.

Pros

- setup is simple
- customer service is great
- templates are helpful
-

Cons

misses a range of features to make the jump from average to good
missing:
- bookmarking for users to indicate on which document they were
- individual commenting of documents visible for all
- user specific marking of documents for working through the document
- large excel sheets are not possible to view in a good way. Any kind of zoom feature for this format is missing

Response from DealRoom

Thanks for the review Tobias! Glad you had a positive experience with our customer support and the platform was easy to use. Appreciate the feedback on the excel viewer. For comments, we suggest attaching the document (down to the page level) to a request and have comments take place on the request. Thanks again for leaving a review as it helps us improve the customer experience!

Francesco
Overall rating
  • Industry: Legal Services
  • Company size: Self Employed
  • Used Weekly for 1-5 months
  • Review Source

Overall rating

  • Ease of Use
  • Likelihood to recommend 9.0 /10

Solid Data Room Solution

Reviewed on 2021/09/27

Overall an effective secure solution for managing the M&A Due Diligence process

Overall an effective secure solution for managing the M&A Due Diligence process

Pros

I use this software on larger m&a deals and it enables very efficient organization and access to data rooms containing a large number of documents

Cons

I can't think of anything to improve the product

Response from DealRoom

Thank you for the review, Francesco!

Verified Reviewer
Overall rating
  • Industry: Automotive
  • Company size: 5,001–10,000 Employees
  • Used Weekly for 6-12 months
  • Review Source

Overall rating

  • Ease of Use
  • Likelihood to recommend 10.0 /10

Great tool

Reviewed on 2018/12/14

We use DealRoom extensively in business acquisition transactions. The sellers can easily provide...

We use DealRoom extensively in business acquisition transactions. The sellers can easily provide requested materials and save them in a designated spot for ease of use. No need to email files back and forth and get multiple versions of the same data.

Pros

DealRoom makes it easy to organize shared files and give access to those who need it. It is a very functional tool and has been a big help to our enterprise

Cons

Have not had any negative experiences yet

Response from DealRoom

Thanks for the great review! Glad to hear it's been a value add to your enterprise. Our main goal is to have a usable tool to make M&A as efficient as possible. Appreciate you taking time to leave feedback and we appreciate your firm choosing to work with us!

Erin
Overall rating
  • Industry: Financial Services
  • Company size: 10,000+ Employees
  • Used Daily for 1-5 months
  • Review Source

Overall rating

  • Ease of Use
  • Likelihood to recommend 10.0 /10

Virtual Data Room Use

Reviewed on 2021/09/21

Pros

How files were organized and the email alerts I received when new files have been uploaded.

Cons

Difficult to determine date of file uploads through the deal room website.

Response from DealRoom

Hi Erin! Thanks for taking time to leave a review and glad to hear you would recommend DealRoom to others. For the date of upload, there is a column on the right side that lists the date. You can also filter by date from the Recent Files tab in the upper left! Thanks again for the feedback!

Sarah
Overall rating
  • Industry: Financial Services
  • Company size: 201–500 Employees
  • Used Weekly for 1-5 months
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 8.0 /10

Great Intuitive Product for Great Cost

Reviewed on 2021/09/21

In our 4 months with DealRoom, our rep has always been available when needed. The software is easy...

In our 4 months with DealRoom, our rep has always been available when needed. The software is easy to manage and allows easy organization.

Pros

Intuitive and easy to navigate...easy to provide permissions and controls over data

Cons

Clearing the template in the beginning to fit our needs/structure...didn't seem easy and needed to solicit help.

Response from DealRoom

Thanks Sarah! Glad to hear the platform was easy to navigate and your rep has been responsive and helpful! Appreciate the template feedback, that's an area we are working to improve. Thanks again for taking the time to leave a review!

Ben
Overall rating
  • Industry: Investment Management
  • Company size: 11–50 Employees
  • Used Daily for 6-12 months
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

Dealroom Review

Reviewed on 2018/12/18

Pros

Easy to access user interface, speed is never an issue. The ability to track specific requests on an individual basis is valuable.

Cons

No obvious cons, some files have trouble downloading, but assume that is user error more so than Dealroom issues

Response from DealRoom

Thanks for the review Ben! Glad to hear the interface was easy to use and using requests added value! Appreciate the high recommendation

Maddie
Overall rating
  • Industry: Civil Engineering
  • Company size: 1,001–5,000 Employees
  • Used Weekly for 6-12 months
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 7.0 /10

Great due diligence management tool

Reviewed on 2021/02/18

Pros

The flexibility of the tool and the ability to track user progress and ping them through the tool to make updates

Cons

The downloading and uploading of documents is a little clunky, otherwise it’s very powerful but super expensive compared to other competitor options

Response from DealRoom

Thanks for the positive review Maddie! Glad the platform has been easy to use and has helped track progress. We appreciate the feedback!

Dominic
Overall rating
  • Industry: Pharmaceuticals
  • Company size: 11–50 Employees
  • Used Daily for 1-5 months
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

Best Product for Sharing Document

Reviewed on 2021/02/18

We were sharing documents on the sale of our business

We were sharing documents on the sale of our business

Pros

This product was very easy to use. It is pretty self explanatory. File upload quickly and allows multiple persons access to the files

Cons

Nothing that comes to mind. Well thought out program

Response from DealRoom

Thanks for the high likelihood to recommend Dominic! Glad to hear the platform was easy to use and intuitive. Appreciate the positive review!