With funds to raise, partners and investors to communicate with, and investments to consider, TVC Capital needed a better way to store and manage all of their key documentation for various financial deals and transactions. In this case study, we cover how TVC Capital uses a SecureDocs Virtual Data Room to simplify the often complex and complicated deal process.
TVC Capital is an operator-led growth equity firm focused on investments in and acquisitions of software companies and software-enabled service firms. They are currently investing out of a $115 million fund and have $235 million in assets under management – all of which are processed through SecureDocs Virtual Data Room during transaction, and all data remains in the data room as a single truth source of record for post transaction activities, audits, as well as future financial opportunities.
Before using SecureDocs TVC Capital struggled with constant crossing of wires when working with tracking documents and diligence checklists during transactions. Their information was spread over email, hard copy documentation, various hard drives, and resulted in frequent duplication of efforts, missing data, and wasted time. All of these issues were immediately resolved once they began using SecureDocs.
TVC Capital has processed 100% of their transactions using SecureDocs Virtual Data Room, including 14 transactions, 2 exits, and more than 10 follow-on transactions with zero security issues. This brings their equity allocation to roughly $125 million with $50 million in exit value using the SecureDocs product.
"As soon as you have an employee you need SecureDocs - you don’t want to keep confidential information in a non-secured space.”
"Secure Docs is the best data room I have ever used. I recommend it highly if you need a high quality, well priced secure data room!"
“SecureDocs allowed us to quickly, reliably disseminate due diligence to buyers, and that helped us save over 100 hours on our overall deal timeline.”
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