DROOMS USE CASE

Asset lifecycle management

In an increasingly volatile market, to gain favourable opportunities, your need to bring assets onto the market quickly.

Setting up a data room properly can take up to three months, so the faster the required information is prepared, the smoother a transaction can proceed. Saving you time and reducing the minimum holding period.

Whitepaper

Asset Lifecycle Management

- Creation of long-term value via standardised and sustainable data preparation
- Steps to successfully implement a life cycle data room
- A "Best practice" example

Reduce holding periods

Continually updating documents in a virtual data room is less cost-intensive overall than starting from scratch for every transaction’s due diligence process. Drooms offers structured storage of transaction-related documents throughout an asset’s life cycle, reducing the holding period and bringing your asset to market faster.

Increase the value of your asset

The value of a particular asset, be it a property, company, or patent, is also dependent on complete and accurate documentation, which often provides a basis for a fair and accurate evaluation. To put it simply – the better and more organised your documentation, the better the perceived value of your asset.

Streamline asset documentation

Create a centralised overview of all crucial documents within one data room. Decentralised funds often have assets spread all over the world, with each entrusted to different local asset managers. In order to guarantee the same level of quality with regards to asset documentation and achieve a qualified, state-of-the-art document base, it is important to implement standard processes within your organisation. This brings transparency to your portfolio and also helps meet regulatory requirements, such as the Alternative Investment Fund Directive (AIFMD). With Drooms LIFECYCLE, you can ensure that all required information is readily available and accessible to all stakeholders, investors, depositories, and regulators.

Simplify your asset management processes

Explore selected Drooms' features & benefits

drooms screen

Branding

Personalise your projects so users around the globe identify with your brand.

Notes & Highlights

Annotate a document, page or specific section of text and find it easily.

Two-Factor Authentication

Sign in using an additional security code sent via SMS.

Search

Fast full-text document search (including PDFs).

Document Translation

Work in your favorite language.

Customisable platform

Customise your data room based on your workflow.

Trusted by international Fortune 500 companies

Used by 30,000+ customers worldwide

One data room. Many possibilities.

Due Diligence
Read More
Conduct proper due diligence for your M&A deal
Lifecycle management
Read More
Control and streamline asset documentation in your organisation
Document Analysis
Read More
Digitalise the document review phase
Digitisation
Read More
Get support with collecting, indexing, and digitising your documents
Fundraising
Read More



Conduct fundraising and share fund documents with potential investors
Previous
Next

Drooms is the leading virtual data room provider in Europe. In addition to securely handling confidential business processes such as commercial real estate sales, mergers & acquisitions and NPL transactions via its suite of products, Drooms can also map all stages across the entire lifecycle asset management process on a single platform. Drooms therefore provides clients with the ability to safely store and process sensitive documents and make transactions faster and more efficient.

As a leading data room provider, all data transfers at Drooms are carried out exclusively via SSL-secured connections and encrypted with AES 256-bit to ensure maximum security.

Drooms is an ISO 27001:2013 certified company committed to continuously improving security and meeting all necessary regulations. Both internal and external security audits are regularly conducted. The contractually agreed data processing takes place exclusively in Germany or Switzerland, and any relocation to another third country requires the customer’s consent. To secure access to data, Drooms offers various functions such as two-factor authentication and precise access controls that allow customers to retain control over their data.

Drooms FLEX:

For straightforward, smaller transactions or simple and secure online document management, our self-service product Drooms FLEX is best for you. Here you can set up and manage your data room independently on a monthly basis.

Drooms TRANSACTION:

For complex transactions and due diligence processes, we recommend our Drooms TRANSACTION data room. Here, you benefit from the advantages that using a complete software and service solution from a single source brings. A Drooms Customer Success Manager supports you with all aspects of your virtual data room with personal support 24/7. In addition, the services of our Real Estate Services team can also be added. Our expert team supports you during the preparation phase of the transaction and check the content of your data room to ensure that it is complete, consistent and up to date. They also support you with the research and sourcing of all asset and transaction-relevant documents in order to prepare for the due diligence.

Drooms LIFECYCLE:

If no transaction is currently planned, we recommend our Drooms LIFECYCLE data room – for asset lifecycle management. Even with the lowest package “Essential”, you can structure and keep your acquisition documents up to date free of charge. We keep your documents safe, structured, and available 24/7. You receive unlimited and free preparation time and speed up your transaction by keeping all documents in one place and having them directly available at all times. This lays the foundation for your success in your next deal.

 

Setting up a virtual data room is always advisable when your company regularly shares confidential information with business partners or customers, or when sensitive data needs to be securely stored and accessible. Especially in the real estate industry, but also in the legal, scientific, financial, and healthcare sectors, implementing a data room can be beneficial.

 

No. Drooms works on almost all devices and does not require hardware / servers on site. The only requirement is a web browser and an internet connection. In addition, we offer a separate app for iOS devices that can be downloaded from the App Store.

 

When looking for the right data room provider, you should focus primarily on the issues of security and data protection. Questions such as where the servers are located, whether the provider is ISO certified, and how GDPR issues are handled are particularly important. In addition, it is recommended to gather information about different data room providers on various review platforms, such as Capterra.

 

Have questions?

Ask us!

⭐ Main Contact Form

By clicking "Submit", I agree to be contacted by Drooms GmbH or Drooms AG via e-mail or telephone (if provided) in order to process my request and in accordance with Drooms' privacy policy.