Virtual Data Rooms vs. File Sharing Platforms

Virtual Data Rooms vs. File Sharing Platforms

Data breaches are the bank heists of the Digital Age. Yet, they inflict much more widespread damage, dread, and chaos. Their impact is felt both immediately and in the long term. Companies targeted by data breaches can lose as much as 3% of their market value as a result. In some cases, data breaches are only identified weeks, sometimes months or years, later, which gives cybercriminals unfettered access over a long stretch of time.

Each year, the Identity Theft Resource Center compiles a year-to-date tally of “confirmed” data breaches affecting US companies and consumers. This report largely solidifies what we already know: data breaches are rampant. The YTD total for breaches in 2018 (up to September, 30) was 932, for a total of 47.2 million known records reportedly compromised.

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Nalytics and SmartRoom Announce a Strategic Partnership

Nalytics and SmartRoom Announce a Strategic Partnership

SmartRoom, the leading global virtual data room provider and the pioneering search and discovery platform Nalytics, announce a strategic partnership that will integrate the two technologies.

The integration will allow SmartRoom users to utilize Nalytics to undertake challenging information search and discovery tasks with speed, precision and ease, as well as use Nalytics’ Artificial Intelligence (AI) technology to automate file review and analysis – significantly reducing the time involved in the due diligence process.

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BMC Group Announces a SmartRoom™, Strategic Partnership with Counselytics

Los Angeles, CA – February 2, 2016 – BMC Group, a leading global provider of financial, legal and corporate information management services, announces a strategic partnership with Counselytics, a best-in-class contract analytics company, as a mutually value-adding service with SmartRoom™, an award-winning, cloud-based deal management solution for secure document exchange. SmartRoom is used by financial and legal professionals for due diligence, M&A deals, portfolio management, fundraising, post-merger integration, and secure document collaboration. Counselytics is a cognitive augmentation platform focused on contract discovery and analytics.

SmartRoom supports both buy-side and sell-side deal owners with faster, more efficient and more secure collaboration capabilities and provides subject matter expertise in supporting Pre-IPO and IPO transactions. SmartRoom provides secure file sharing between mandated deal parties and does not allow unauthorized forwarding, downloading or printing of shared files – a critical security measure for highly sensitive deal handling.

“We are excited about the strategic partnership with Counselytics,” said Jeff Kalina, executive vice president of BMC Group’s SmartRoom division. “This partnership will allow the BMC Group client base to use leading edge cognitive legal intelligence to automatically prospect provisions during due diligence and help with post-transaction integration and management. Additionally, SmartRoom technology and services makes it easy for Counselytics clients to be up and running in real-time – enabling them to keep up with the demanding pace of corporate transactions.”

About Counselytics
Counselytics brings the power of big data analytics to the universe of commercial agreements. We analyze, organize and manage important data inside of contracts. Fortune 500 companies, top banks and hedge funds and some of the world’s most successful entrepreneurs trust us to facilitate and improve their important business processes. Counselytics’ customers deploy their technology in a variety of contexts – to optimize due diligence, to abstract complicated documents, to analyze new documents and deals more quickly, and to retrieve and organize previously trapped data. Counselytics is based in New York City, was founded by a former Cravath attorney and a Cambridge computer scientist, and is backed by a world-class group of investors, including Joe Lonsdale’s 8 | Partners, and Gavin Solotar, former Greenhill General Counsel and Wachtell Lipton corporate partner, Metamorphic Ventures, Great Oaks and former Founders Fund partner Bruce Gibney.

About SmartRoom™
SmartRoom is a powerful cloud-based deal management solution for due diligence, M&A deals, portfolio management, fundraising, post-merger integration, secure document collaboration, restructuring, legal settlements, and medical records analysis. SmartRoom is available in nine languages, and is accessed in over 50 countries. There are over 20,000 organizations and 250,000 users who have utilized a SmartRoom. Over $300 billion in transactions have been managed using a SmartRoom.

About BMC Group, Inc.
BMC Group, Inc. is a leading global provider of information management solutions. BMC Group clients are leading investment banks, private equity firms, hedge funds, government agencies, insurance carriers, healthcare providers, and Fortune 1000 corporations. With more than 200 professionals throughout North America, Europe, and Asia, BMC Group is committed to service excellence

BMC Group Announces a SmartRoom Strategic Partnership with EDICO Financial Press Services Ltd.

Los Angeles, CA – March 6, 2015 – BMC Group, a leading global provider of financial, legal and corporate information management services, announces a strategic partnership with EDICO Financial Press Services Limited as a mutually value-adding service with SmartRoom™, an award-winning, powerful cloud-based deal management solution for secure document exchange.  SmartRoom is used by financial and legal professionals for due diligence, M&A deals, portfolio management, fundraising, post-merger integration, and secure document collaboration.   EDICO provides financial press services across many industries including investment banking, finance, law firms, corporates and government.

SmartRoom supports both buy-side and sell-side deal owners with faster, more efficient and more secure collaboration capabilities.  The partnership between BMC Group and EDICO gives SmartRoom deal owners and client advisories access to press room and financial printing capabilities, and further enhances SmartRoom’s subject matter expertise in supporting Pre-IPO and IPO transactions. SmartRoom provides secure file sharing between mandated deal parties and does not allow unauthorized forwarding, downloading or printing of shared files – a critical security measure for highly sensitive deal handling.

EDICO is among the early adopters of advanced technologies in the press room and financial printing capabilities turning your concepts into tangible printing products of top quality in a time-sensitive manner.  SmartRoom’s cloud-based deal management solution includes a dedicated project management team, real-time global deployment, and dimensional security-based access.

“We are excited about the strategic partnership with EDICO,” said Jeff Kalina, executive vice president of BMC Group’s SmartRoom division.  “This partnership will allow our clients to securely, quickly, and easily open new data rooms all around the Asia Pacific region.   Additionally, SmartRoom technology and services makes it easy for clients to be up and running in real-time – enabling them to keep up with the demanding pace of Pre-IPO, IPO and other corporate transactions.”

About BMC Group, Inc.

BMC Group, Inc. is a leading global provider of information management solutions. BMC Group clients are leading investment banks, private equity firms, hedge funds, government agencies, insurance carriers, healthcare providers, and Fortune 1000 corporations. With more than 200 professionals throughout North America, Europe, and Asia, BMC Group is committed to service excellence

About SmartRoom

SmartRoom is a powerful cloud-based deal management solution for due diligence, M&A deals, portfolio management, fundraising, post-merger integration, secure document collaboration, restructuring, legal settlements, and medical records analysis. SmartRoom is available in nine languages, and is accessed in over 50 countries. There are over 20,000 organizations and 250,000 users who have utilized a SmartRoom. Over $300 billion in transactions have been managed using a SmartRoom. www.smartroom.com

About EDICO Financial Press Services Limited

EDICO is a professional services company whose specialty is in the production of financial transaction documents such as IPOs, financial reports, offering circulars and other legal documents with the highest standards. EDICO is comprised of teams in different fields who are all professional, experienced and experts when it comes to typesetting, financial printing servicing for investment banks, law firms and listed corporations and governments.

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The M&A Advisor announced the winners of the 40 Under 40 Recognition Awards

TONY BELLAGAMBA ANNOUNCED AS WINNER OF THE 5TH ANNUAL 40 UNDER 40 RECOGNITION AWARDS

Chicago, IL, 5/6/2014 – The M&A Advisor announced the winners of the 40 Under 40 Recognition Awards on Wednesday, April 30th. Tony Bellagamba was named a winner for the Service Provider category.

The M&A Advisor, renowned globally for its recognition of leading M&A, financing and turnaround professionals, created this event to promote mentorship and professional development amongst the emerging business leaders.

Tony Bellagamba has been chosen for his accomplishments and expertise from a pool of international nominees by an independent judging panel of distinguished business leaders.

“In 2010 we initiated the 40 UNDER 40 Awards to recognize the emerging leaders of the M&A, Financing and Turnaround industries” said David Fergusson, President of The M&A Advisor. “It is our belief that this group of accomplished women and men will have a significant effect on the advancement of our industry. And it is our great pleasure to recognize them and provide a forum for them to meet and engage with one another”.

On Tuesday, June 24th, The M&A Advisor will host a black tie Awards Gala at the Roosevelt Hotel in Manhattan, in conjunction with the 2014 Emerging Leaders’ Summit – an exclusive event pairing 40 Under 40 winners together with their mentors and other stalwarts, to introduce the 40 Under 40 Award Winners to the business community and celebrate their achievements.

To view the complete list of this year 40 Under 40 Award Winners CLICK HERE.

“It is truly an honor to be recognized by The M&A Advisor as a winner of the 40 Under 40 Recognition Awards. I consider it a privilege to have spent my career thus far in M&A, first as a dealmaker and now as a sales leader. I wake up every day excited to push SmartRoom to become a globally recognized brand in the M&A world. This award serves as recognition for that hard work and is truly appreciated.”

TONY BELLAGAMBA BIO
Tony Bellagamaba is the Vice President of Global Sales at BMC Group SmartRoom. Tony took over global sales at the age of 30 and has spearheaded a shift in SmartRoom’s business model to become an end-to-end M&A technology company. Tony has spent his career in M&A, having started out in Investment Banking and Private Equity and later changing careers to become a sales leader for disruptive technology focused on the M&A field. In addition to his professional career, Tony is a leader of the Chicago Chapter of 501 (c) (3) international aid organization Wine to Water, is active in his Church, and is a published Christian Children’s Book author. He lives in Naperville, IL with his wife Breanne and their three children.

THE M&A ADVISOR
Since 1998, The M&A Advisor has been presenting, recognizing the achievement of and facilitating connections between the world’s leading mergers and acquisitions, financing and turnaround professionals with a comprehensive range of services including M&A SUMMITS; M&A AWARDS; M&A CONNECTS™; M&A ALERTS™, M&A LINKS™, M&A DEALS, MandA.TV and M&A MARKET INTEL™. Visit www.maadvisor.com to learn more.

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Media Contact:
SmartRoom Services
Jeff Kalina – Vice President
300 N. Continental Blvd., Suite 570
El Segundo, CA 90245
310.321.5555

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The Complete Beginner’s Guide to Virtual Data Rooms

The Complete Beginner’s Guide to Virtual Data Rooms

SmartRoom virtual data rooms connect you to what you need.A virtual data room (sometimes called a VDR) is an online repository of information that is used for the storing and distribution of documents. In many cases, a virtual data room is used to facilitate the due diligence process during an M&A transaction, loan syndication, or private equity and venture capital transactions. This due diligence process has traditionally used a physical data room to accomplish the disclosure of documents. For reasons of cost, efficiency and security, virtual data rooms have widely replaced the more traditional physical data room.

Disadvantages of a physical data room

  • Time consuming
  • Narrow bandwidth
  • Expensive
  • Cost of travel
  • Paper intensive

Benefits of a virtual data room

The largest financial benefits accrue to the seller although buyers also benefit. For the former, advantages include:

  • Improvement in the number of bidders
  • Increased bid throughout (and time zone access) if the virtual data room is accessible 24/7 over the allowed period
  • Increased control and understanding of bidders
  • Increased speed of transactions owing to improved accessibility
  • Information cannot be downloaded and taken away in a true Virtual Data Room – only viewed by a user with the correct permissions

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