The Challenge
A global private equity firm wanted to share confidential documentation in relation to a fund financing. Before approaching financing providers, the team needed to collate fund-level documentation on structure, performance, portfolio valuation and cash flow forecasts.
Sharing such sensitive information required a confidential and secure process.
The Solution
With an existing subscription to Termgrid for their debt financings, the team decided to use the Deal Execution module to communicate and share confidential documentation. Key commercial terms could also be negotiated online using the term sheet module, offering redline and heat map functionality to quickly and easily track any changes.
The Outcome
Having already worked on the Termgrid platform, the team felt comfortable sharing sensitive fund-level information in this environment.
Real-time engagement could be tracked – offering visibility into which documents had been seen and by whom.
The Deal Dashboard and online version control of term sheets ensured that the process moved swiftly through to completion.
“The online platform gave us complete control over who saw what, when — and a clear trail of every step. That level of transparency made the process more efficient and a lot more secure,” explained the CFO.
Try our time saving calculator now to see how your team could benefit.