When mergers go well, they can enable a company to enlarge its market share, achieve economies of scale, reduce its financial risk, and diversify its product and service offerings. Author and motivational speaker, Simon Sinek, famously compared mergers to marriages. Like any marriage, there are ups and downs and sometimes, things go wrong and there are a number of reasons why this might be the…
thedocyard joins forces with Ansarada
Together, we will become the leading global saas provider of deal technology and information governance technology
It's our pleasure to combine the full force of our workflow and end-to-end deal management platform with Ansarada's world leading VDR provider.
As part of our proposed merger, thedocyard will acquire 100% of Ansarada. On completion of the transaction and a proposed capital raising, the merged entity is expected to have a market capitalisation of approximately A$125 million.
Together, thedocyard and Ansarada will help our customers understand what's happening across the entire lifecycle of their deal, entirely online.
This is particularly important as remote work requires increased visibility, clarity and information security.
COVID sent deal makers and corporate advisors across the world indoors, hunkered down for a period of 'economic hibernation'. Our combined technology can ensure we upscale to a fully digital, vastly faster way of executing transactions, conducting due diligence and tenders, and managing boards, secured by industry-leading data security protocols.
We can't wait to provide our customers with a fully digital deal-making experience ready to roll with whatever uncertainties come our way.
Because the new normal doesn't need to be an echo of what came before. Together, we're here to help you thrive in what comes next.
Read more about the acquisition here.