Private Equity
Every deal runs differently. Your process shouldn't.
Different banks, different data rooms, different advisors on every deal. Cerclen gives your firm one way to run diligence requests that carries from deal to deal, so you always know where each one stands against close.
Where buy-side diligence slows down
A new process on every deal.
The banker picks the data room, each advisor sends its own list, and your team rebuilds its way of working from scratch. Nothing carries over to the next deal.
No current view of where you stand.
Status lives in whichever version of the request list was emailed last. Answering 'how close are we to close?' means rebuilding the picture by hand.
Advisor check-ins cost days.
With three or four advisors on a deal, sometimes more, every status check is ask, wait, follow up, repeated across every advisor, every week.
One analyst holds it all together.
Someone merges every advisor's list into one, chases the target and reconciles the answers by hand. On the deals we've worked, timelines that used to run 60 to 90 days are now targeted at 15 to 30, and that job doesn't get faster with them.
One process, every deal.
Bring in every advisor's list.
Upload the spreadsheets you already have. Cerclen reads each layout, imports each advisor's list as its own section of one deal, and lets you review every request before anything is sent.
Work with any data room.
Responses link to files wherever the process keeps them, so the same workflow runs whichever data room the banker chose.
See where you stand against close.
Each deal opens on a dashboard showing completion overall, by category and by advisor, and what's open by owner. Any filtered view is a link you can send instead of a spreadsheet.
Let the target answer by email.
Every request has its own reply address, so management can respond from their inbox. Replies are confirmed by a person before they count, and every status change is recorded.
What sponsors ask us
The banker brought a different data room.
Cerclen works with virtually any data room, with no migration. Documents stay where they are; Cerclen tracks the requests and responses around them.
My advisors and the target would have to learn it.
They don't have to adopt a new platform. The target can answer a request by replying to an email or linking to a file in the data room, which is less work than updating a shared spreadsheet.
My deal team already has a process that works.
We'll run your first deals alongside you. Every early customer gets an assigned account manager who works through setup and training with your team, so the transition doesn't land on your deal team mid-process.
Building a request list? Start from our M&A due diligence checklist.