A purchase is a major stage in your company's growth strategy. It can boost your market share, increase revenues and profits and allow you to enter new markets. There are lots of moving parts and coordinating with a variety of parties can be a challenge. There are many tools that can aid in M&A, from due diligence to negotiating and signing. Which one is right for you?

Some of the most well-known M&A tools include virtual data rooms (VDRs) and software for managing projects. VDRs are ideal for storing and sharing deal-related documents. They also provide features such as task tracking, document versioning and granular permissions that facilitate collaboration. They don't solve all M&A issues, and they can lead to delays if teams have to manage documents and requests across multiple platforms.

A more complete M&A solution is an M&A software platform that simplifies and centralizes the entire M&A process. Some examples include Midaxo and Ansarada both of which offer a suite of automation tools to help you manage, visualize and track the entire M&A lifecycle. Midaxo, a cloud-based M&A software designed to help you analyze and prioritize growth opportunities, monitor the progress of projects and work with your stakeholders. However, user reviews have criticised it for its lack of customization and integration capabilities which makes it unsuitable for those who frequently acquire.

Ansarada is a global M&A Software company has offices in Sydney and London, Amsterdam, Johannesburg and Chicago. The software is used by more than a thousand enterprises, and the company claims to have processed over $1 trillion worth of deals on its platform. Ansarada also offers specific M&A tools, including security, governance, and compliance management.