By Francisco Lorca
CEO EthosData
Published in the October 2009 issue of PLC Magazine
Virtual data rooms (VDRs) have become the norm in the due diligence stage in most transactions, substituting the traditional paper-based data rooms (see Know-how article “Virtual data rooms: the due diligence evolution”). However, in the last two years, the use of VDRs has changed dramatically: they are now being increasingly used in most of the transaction stages of a deal, not only during the due diligence process (see box “Engaging a VDR provider”).
