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M&A

Run the teaser and the IM on verified links.

Give each bidder a verified link to the teaser and the information memorandum. See the bidders who read the document before the next round.

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Free for one seat. Readers never pay.

The page a reader sees first: name, work email, passcode and the tracking notice.

The workflow

From teaser to shortlist

  1. 01

    Send the teaser

    Each party on the long list gets a link of their own. The teaser opens with a name and a work email.

  2. 02

    Release the IM

    After the NDA is signed, send the information memorandum on a link that verifies the email address.

  3. 03

    Read the engagement

    Before the bid date you see the parties who read the IM and the pages they read longest.

  4. 04

    Close a party out

    Disable the link of a party that leaves the process. The file stays in your library.

Bidders

One link per bidder.

Each bidder has a link with its own settings and its own analytics. You compare the engagement of bidders side by side.

The share dialog with the settings of one link.

Verification

Verified addresses only.

Phase sends a 6-digit code to the work email of the reader. A reader limit caps the deal team of each bidder.

  • Allow or block email domains for the workspace.
  • Block one person on every verified link.
  • Switch download and text selection off.
The page a reader sees first: name, work email, passcode and the tracking notice.

Record

A record of every version.

The history of a file lists each upload, restore and share with the author and the time. Nobody can edit the history.

A file page with its slides, quick share, versions and history.

Documents

Long documents in portrait.

An information memorandum in Word or PDF scrolls as one page. Phase records the time on each page and the scroll depth.

The page a refused reader sees, with a button to ask for access.

The plan you need

Verified links need the Pro plan at €15 per seat per month. Phase has no watermark and no NDA step today, so keep the due diligence phase in your data room.

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Your questions answered

Is Phase a virtual data room?

No. Phase shares single documents and pitches on tracked links. It has no folder permissions for bidders and no Q&A workflow.

Can Phase put a watermark on each page?

No. Phase has no watermark today.

Where are the documents stored?

On servers in Falkenstein, Germany.

Send your first tracked link today

Free for one seat. New workspaces get 14 days of the Team plan without a card.

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