ST. PAUL, Minn., Oct. 14 /PRNewswire/ -- Merrill Corporation (www.merrillcorp.com), a leading provider of technology-enabled services, today announced that Merrill DataSite was recently selected as the "Product/Service of the Year" during the 2nd International M&A Advisor Awards. The award was presented at a luncheon at the Cornell Club in New York City on Sept. 27, 2010.
The awards luncheon was held to honor dealmakers and firms "whose activities set the standard for the industry," according to the M&A Advisor, an organization that serves professionals in the M&A marketplace.
Since its inception, Merrill DataSite has uploaded and processed 300 million pages in its virtual data room (VDR) for banking M&A, transfer of small business ownership, document warehousing, IPO and secondary offerings, asset purchases, venture capital due diligence, bio tech licensing, commercial and corporate real estate ventures, bankruptcies, corporate debt restructuring, preparing for exit strategies, and many other transactions that require extensive document sharing.
"We are very pleased to be selected as part of this illustrious group for our services to the international M&A community," said Ed Bifulk, president of Merrill DataSite. "We work extensively with international transactions, helping our clients expedite their due diligence activities through our award-winning virtual data room solution. This recognition reinforces the value and bottom-line impact that our clients receive from our service-oriented team and exceptional VDR platform."
Merrill DataSite's Virtual Data Room platform streamlines the due diligence process by transforming the traditional paper deal room into a secure virtual data room (VDR) solution that optimizes the due diligence process by providing a highly efficient and secure method for sharing key business information between multiple parties.
As the leading provider of VDR solutions, Merrill DataSite has empowered nearly 2 million unique visitors to perform electronic due diligence on thousands of transaction totaling trillions of dollars in asset value. Merrill DataSite VDR solution has become an essential tool in an efficient and legally defensible process for completing multiple types of financial transactions. Learn more by visiting www.datasite.com today.
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SOURCE Merrill DataSite