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Nick has assisted multiple large mergers and acquisitions at ABN AMRO in Amsterdam and London. In 2005 he set up his own investment company, in which he actively collaborates as well. According to Nick a data room is, just like selling a company, very serious. Nick perceives the responsiveness and simplicity of a data room as most important during an M&A transaction.
“Every time I call Virtual Vaults they pick up straight away.”
Nick addresses that he highly values the responsiveness of a data room provider during an M&A process, “You do not want to have systems down for ten hours while you wait for the helpdesk to respond, you want to continue working on your deal.”
According to Nick himself, he can be quite old-fashioned. For example, he prefers to pick up the phone rather than sending an email. That is one of the things he likes about Virtual Vaults. “Every time I called, there was a specialist who gave me immediate assurance that he or she can fix it,” says Nick.
“I do not have to think about it, that suits me just fine.”
Nick once set up an Internet company, thus knows like nobody else how an interface should look like and how it should not look like. Nick believes a data room should be first and foremost easy and clear. Nick says, “It is work and it is serious. You do not want to be distracted by 'too' fancy features."
Your entire deal lifecycle all in one place.
You are busy enough already. That's why you don't want to lose a minute to inefficiency. You would rather spend that time on deals. Prepare, make and secure your deal all-in-one platform with Virtual Vaults: safe, fast and simple.
All-in-one platform, take control throughout the whole Private Equity lifecycle. Act immediately on new opportunities with structure from fundraising, and acquisition to holding period. Always be exit ready.
Virtual Vaults puts you in the driver’s seat to easily organise complex M&A files and monitor progress. Control all deal preparation, and communicate efficiently throughout the due diligence process all in one central place.