PR Newswire: news distribution, targeting and monitoring
2014

Deloitte Recap enters alliance with ShareVault to market virtual data room

Share with Twitter Share with LinkedIn

SAN FRANCISCO, Jan. 7, 2013 /PRNewswire/ -- Deloitte Recap LLC (Deloitte Recap) and ShareVault have entered into a strategic alliance to help biopharmaceutical companies complete deals faster, prepare earlier for deal making and improve their ability to find the right partners. 

(Logo: http://photos.prnewswire.com/prnh/20120803/MM52028LOGO-a)

(Logo: http://photos.prnewswire.com/prnh/20120803/MM52028LOGO-b)

Deloitte Recap will market ShareVault's virtual data room to pharmaceutical and biotechnology firms pursuing mergers, acquisitions, licensing agreements and other transactions. Deloitte Recap provides the benchmark data and analysis that can help companies optimize such transactions. Combined with ShareVault's data room solutions, Deloitte Recap can help companies become more proactive in their business development efforts.

Based in Los Gatos, Calif., ShareVault provides a cloud-based, bank-grade security data room to help companies control access to confidential documents related to corporate development, as well as capture more data and insight around potential business development opportunities.

The alliance broadens Deloitte Recap's ability to assist life sciences companies in exploring and consummating deals. Deloitte Recap helps organizations with asset valuation, identifying potential suitors and determining the best type of transaction, among other services.

"This alliance gives us an even more complete toolkit in helping life sciences companies to be persistently deal ready," said Eric Walczykowski, general manager, Deloitte Recap. "Successful transactions often depend on how quickly and how thoroughly companies can respond to an opportunity."

"In today's market, it's critical for biopharma companies to be proactive in their strategic planning for partnerships," said Richard Andersen, chief executive officer, ShareVault. "Together, ShareVault and Recap's capabilities can help companies accelerate the deal process, optimize deal terms, and more effectively pursue a partner relationship."

For more information on combining a cloud-based data room with the data to support optimized deals during all phases of partnering, fundraising, and M&A activities, visit www.recap.com, www.sharevault.com, or call +1 855 381 4748, or email recap@deloitte.com.

About ShareVault
ShareVault provides a simple, secure way to share sensitive documents with third parties during due diligence and other critical business process. The on-demand platform is an innovative and highly intuitive cloud computing solution that enables its customers to manage critical time-sensitive and document-centric processes faster and easier. ShareVault is based in Los Gatos, California.

About Deloitte Recap
Deloitte Recap provides comprehensive and timely advice and analysis related to corporate and product developments and alliance formations in the biopharmaceutical industry. Clients include biotechnology and pharmaceutical companies, universities, investment banks, and venture firms active in the biotechnology area. Additional information about Deloitte Recap is available at www.recap.com.

As used in this document, "Deloitte Recap" means Deloitte Recap LLC. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Certain services may not be available to attest clients under the rules and regulations of public accounting.

SOURCE Deloitte



RELATED LINKS
http://www.deloitte.com/us

Featured Video

Journalists and Bloggers

Visit PR Newswire for Journalists for releases, photos, ProfNet experts, and customized feeds just for Media.

View and download archived video content distributed by MultiVu on The Digital Center.

Share with Twitter Share with LinkedIn
 

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

 

 
 

PR Newswire Membership

Fill out a PR Newswire membership form or contact us at (888) 776-0942.

 
 

Learn about PR Newswire services

Request more information about PR Newswire products and services or call us at (888) 776-0942.

 
Area to test

Online Member Center

Not a Member?
Click Here to Join
Login
Search News Releases
Advanced Search
Search
  1. PR Newswire Services
  2. Knowledge Center
  3. Browse News Releases
  4. Contact PR Newswire
  5. Send a News Release