Find out what the world’s most widely used data room can do for you.
A Firmex Subscription Data Room.
The new standard for teams with diligence at the core of their work.
Whether acquiring, fundraising, auditing, licensing, or board reporting, an always-on data room provides your team with a single tool that can be used across all phases of all projects. Leverage familiarity to maximize your team’s efficiency and control the security of confidential data.
As one of the most widely used virtual data rooms, with more than 20,000 new rooms opened every year, we support more deals with Subscription than anyone.
A subscription offers a simple formula for cost-savings, without compromises. Instead of making multiple purchases each time you run a project, or using multiple tools in an effort to cut down expenses, use one platform that’s always accessible to save across the full lifecycle of multiple projects.
Efficiency, proficiency, expertise.
An always-on data room provides maximum operational performance and the flexibility to run different types of projects and processes at once. With familiarity that breeds efficiency, easily copy projects and establish standardized structures and templates that can be maintained and replicated, to save your team time and produce a high quality of work.
Maximum control and confidentiality.
The continuity of one tool across a project’s life cycle ensures you mitigate risk from start to finish. Maintain cohesion and avoid potential breaches that come with a fragmented project.
When you have multiple clients, run multiple deals, and manage multiple projects, a subscription accommodates the way you work. Transitioning from transaction to subscription means your clients benefit from savings and you get consistent use of the best diligence tool out there.
Benefits & Value
Your Clients Save: Provide added value to your clients by helping them save. When you run multiple projects with a subscription, your clients save money on their individual transaction, while you see the benefits across projects with better outcomes for all your deals.
Enhanced Productivity: Recover the time and effort of setting up individual transaction data rooms and repurpose it towards meaningful work. Instead of problem-solving the limitations of budget tools, offer your expertise to clients with a pre-selected best-in-class tool and eliminate distraction during deal-time. With always-on flexibility, get projects ready instantly, and keep them open as long as you need.
Confidentiality Ensured: Leverage one tool across the entire project lifecycle to ensure consistent secure storage and controlled and auditable document sharing in every phase of the project. Integrate your data room with your core credentialing infrastructure to maintain security when personnel change.
Use Cases
M&A
Asset Purchase/Sale
Litigation
Auditing
Stakeholder Reporting
For Corporate
When your work is defined by multiple processes and priorities, a subscription accommodates the way you work. With consistent access to a data room, you gain a centralized and versatile tool to tackle the full spectrum of projects that fall in your scope.
Benefits & Value
Opportunity Ready: A subscription is a cost-effective way to make sure you are prepared to take advantage of growth opportunities when they arise. A single fixed-fee always-on data room means unlimited projects with no compromises.
Operational Efficiency: Update diligence information in real-time to minimize distraction when it’s time for a deal, and display best-in-class professionalism to buyers and investors. Eliminate the need for budget tools, and maximize one hub that serves multiple types of projects that can be ready instantly and open as long as you need. Consistent access to the data room generates familiarity that lets your team develop expertise, saving time and freeing up effort for the important work that moves business forward.
Risk Reduced: Integrate your data room with your core credentialing infrastructure. Centralize control over system login credentials (SSO) to reduce unauthorized access risks when personnel change.
Use Cases
Fundraising
M&A
Asset Purchase/Sale
Licensing/Joint-Venture
Stakeholder Reporting
Audit
RFP Management
“Closing a deal without a Firmex Data Room would be like running an airport without air traffic control.”
“An incredibly user-friendly site, without a doubt one of the best platforms around for secure, virtual documentation sharing, and the facilitation of M&A related efforts.”
Vincent Sisillo, Associate Developer, Savion
“Firmex is easy to use and has a great user interface. The customer service support is extremely commendable. The service is quick, professional and above all friendly.”
“It is my go to data room provider. I like that it is user friendly and cost-effective relative to alternatives. Also excellent customer service.”
Michael S., Vice President, Investment Banking, 5001-10,000 Employees
“Firmex is an essential service used for mid-market M&A. The overall experience has been great, with exceptional customer service and ease of use.”
Huzaifa K., Corporate Finance Associate, Financial Services, 10,001+ Employees
“For the price, this product is a fantastic value. Easy to use and has most of the features we need without all of the unnecessary functions that some other providers have added to their platforms.”
Michael S., Analyst, Investment Banking, 51-200 Employees
Frequently Asked Questions
Changes to the way you work may raise concerns. Let us address them.
Advisory and Legal
Don’t want to have ownership over your client’s data due to liability?
As the expert, you’re the one with the knowledge and experience to properly manage data and advise your clients on the best practices to do so. When you maintain control over the data room, you ensure your reputation and project outcomes are positive and protected. And you build added trust with your clients, giving them additional value and peace-of-mind through the deal lifecycle.
Charge clients for the data room with pass-through billing and not sure if the practice works with a subscription?
Not only is pass-through billing compatible with a subscription, it’s actually made easier, for your client and your firm. The process is expedited and simplified by establishing a flat rate based on dividing the total subscription cost by your anticipated deal volume. When you pass-through the cost to clients, they receive a cheaper rate for their single transaction than would be possible with per-project data room purchases.
Don’t know how many projects you’ll do this year and not sure if a subscription will be worth it?
It’s true that project volumes vary from year to year and you can’t guarantee your volume, but what you can guarantee is the cost of your annual subscription. Equipped with this fixed-cost, establishing a subscription for the average volume over time is simple. If you find yourself with more projects than you estimated and require more storage, it’s easy to add it mid-contract. If you think you might have fewer projects than average, start with a smaller storage allotment. Either way, you’ll save —plus all the other benefits we mentioned!
Used to accommodating client VDR requests and don’t want to commit to one provider?
Consider making client requested tools the exception, not the rule. Clients are looking for your expertise and guidance, which you can offer tangibly and instantly with a data room that is open, ready, and pre-populated with systems of organization they can easily learn and adopt. Instead of contending with the limitations of budget tools, excel with consistent access to a purpose-built tool that serves your client’s needs best. Familiarity generates efficiency, which allows you to be flexible, responsive, and offer the best value to your clients.
Business Development and Corporate Finance
Think a subscription will cost more than using generic cloud storage?
In practice, a cheaper tool comes with costs. Those costs look like confidential documents leaked, efficiency impeded, and multiple needs unaddressed. Using the right tool for the job, one that accounts for the diverse external document sharing needs you have, means you get quantity and quality, all for a difference in cost that is still smaller than a single transaction data room purchase.
Don’t know how many projects you’ll do this year and not sure if a subscription will be worth it?
It’s true that project volumes vary from year to year and you can’t guarantee your volume, but what you can guarantee is the cost of your annual subscription. Equipped with this fixed-cost, establishing a subscription for the average volume over time is simple. If you find yourself with more projects than you estimated and require more storage, it’s easy to add it mid-contract. If you think you might have fewer projects than average, start with a smaller storage allotment. Either way, you’ll save —plus all the other benefits we mentioned!