Over 80 online publications wrote articles based on ShareVault’s latest press release: Mission Capital Advisors Reaches $3 Billion in Loan Sales Using ShareVault Virtual Data Room
You can review some of the articles via the following links:
__________________________
Mission Capital Advisors Reaches $3 Billion in Loan Sales Using ShareVault™ Virtual Data Room
Industry Leading Virtual Data Room Helps Mission Capital Exceed Their Goals for Selling Distressed Real Estate Loans
LOS GATOS, Calif.–(BUSINESS WIRE)–Real estate has gone to the head of the class as far as investors in distressed assets are concerned. In fact, a recent North American Distressed Debt Market Outlook Survey showed that real estate loans represent the best sector for financial investment opportunities in 2010. Mission Capital Advisors, a rapidly growing financial advisory firm whose primary clients are banks and large government agencies, has experienced tremendous growth in the sales of residential and commercial real estate whole loans over the past several years. As a result of this explosive growth, Mission Capital was in need of a way to set up a data room system that could help expedite the increasing number of deals being completed. Mission Capital chose ShareVault™ from Pandesa, a leading provider of next generation virtual data rooms, to securely share sensitive or confidential due diligence documents that would enable them to grow and maintain a competitive edge in the rapidly expanding, fast paced real estate loan portfolio sales market.
“We have developed what we believe to be the most advanced, most intuitive virtual data room on the market and plan to continue to maintain our product leadership position moving forward.”
Mission Capital had been using more antiquated manual processes for conducting due diligence for large commercial and residential real estate loan deals, including providing document materials via DVD-ROM, VPN or paper files to hundreds of potential buyers. They were looking for a way to increase the efficiency of all of the processes required for end-to-end high value loan pool sales transactions but at an affordable cost. Mission Capital chose ShareVault over several other well known virtual data room providers due to its intuitive nature, ease of use, excellent customer service, high performance, self administration capabilities and reasonable price tag. A feature that sealed the deal was the ShareVault API that allowed Pandesa, ThinkTech and Mission to develop a solution that is tightly integrated with Salesforce.com to further increase the efficiency of the entire sales process. Mission’s clients were rewarded with a rapidly accelerated due diligence process and a loan pool sale cycle with more competitive bidding, which maximizes sale prices.
Other key benefits that Mission Capital found extremely valuable were the speed of the application, the secure document protection features, the flexible, comprehensive reporting system and the platform’s ability to scale. These were also benefits that Forrester Research uncovered in a recent Market Overview, which included the Virtual Data Room segment. The report identified ShareVault as one of the key competitors in this market, which Forrester expects to grow to almost $1 billion in revenue by 2013.
Today, some of the individual Mission Capital loan sale deals involve $500+ million loans with over a thousand bidders. Mission Capital and Pandesa developed a sealed bidding process, integrated within ShareVault, which has created excellent efficiencies relative to the manual sealed bidding methods they used in the past. In addition, ShareVault provides real time deal intelligence about bidders via its extensive audit and tracking features, which provides invaluable feedback to the bank client regarding the interest level of each bidder in specific loans or loan pools.
“ShareVault has been a great help to our business,” states Mission Capital Managing Director Stephen Emery. “It has helped our firm grow and continues to enable us to stay way ahead of our competition. ShareVault has been a great partner and has helped us focus on the business development, asset valuation and trading components of our business. ShareVault also has the safety, security and dependability that our clients demand.”
“We are very pleased that a key customer such as Mission Capital places such a high value on ShareVault as a cornerstone of their commercial operation,” says Pandesa CEO Richard Andersen. “We have developed what we believe to be the most advanced, most intuitive virtual data room on the market and plan to continue to maintain our product leadership position moving forward.”
About Mission Capital:
Mission Capital Advisors, LLC is one of the leading boutique financial advisory firms in the country, specializing in structuring the sale of performing, sub-performing, non-performing and charged-off residential, commercial, C&I and consumer loan portfolios and providing Fannie Mae, Freddie Mac and FHAVA buyout agency delivery, cash sale and transaction management services. Mission has advised a variety of leading financial institutions on more than $26 billion of loan sale and financing transactions and in excess of $13 billion of Fannie Mae, Freddie Mac and FHAVA buyout agency delivery and cash sale transactions since its inception in 2002. Mission Capital’s business model provides a unique competitive advantage over other firms in their industry because they are a market leader in both the commercial and residential whole loan advisory services space. For more information visit: www.missioncap.com.
About Pandesa:
Pandesa Corporation develops and markets ShareVault™, the intuitive next generation virtual data room software for secure online sharing of sensitive documents during due diligence and other critical business processes. ShareVault provides an on demand platform that enables its customers to manage critical time-sensitive and document-centric processes. Pandesa is based in Los Gatos, California, with development offices in Bangalore, India. For more information, visit: www.pandesa.com.
__________________________
Pandesa Holds The Initial Installment of Its Life Science Webinar Series - How to Prepare for Your Company’s Eventual M&A Transaction
Understanding exactly how to prepare for a merger or acquisition can mean the difference between success and disaster. It can also significantly increase the efficiency and speed of the overall process. Our speaker,
Mike Bates, has had extensive experience in this area with stints as the CFO at four Life Science companies that all made successful exits. Mike will share his expertise in establishing the processes, systems and management activities, prior to any transaction, that spell success in the outcome. He will also explain the key reasons for taking each step.
Mike holds a B.S. in Business Administration from California State University, East Bay and an M.B.A. in Finance from the University of California at Berkeley. He currently serves as Audit Committee Chair for two medical device companies and is an active angel investor.
Agenda
• The importance of starting your planning early
• Key CFO considerations in choosing and hiring investment bankers
• Getting the team ready to do management presentations
• Owning the diligence process and data room as CFO
• Criteria to consider in selecting and setting up the data room
• Holding audience Q&A
For more information and to register, go to:
https://www1.gotomeeting.com/register/351340289
__________________________
Industry Leading Virtual Data Room Helps Leading Cleantech Companies Share Due Diligence Documents for Business Development and Fundraising Efforts
Los Gatos, CA, October 13, 2009 — The cleantech sector is experiencing explosive growth thanks to an increase in consumer awareness initiatives and federal stimulus monies for renewable energy and conservation projects designed to reverse the effects of global warming. A number of cleantech companies have selected ShareVault™ from Pandesa, a leading provider of next generation virtual data rooms, to securely share sensitive documents associated with key business processes that will enable them to grow and maintain a competitive edge in this globally conscious, fast paced market.
Calera, Stirling Energy Systems, Inc. (SES), Soltage, Northwinds Biodielsel, Nubian and SkyFuel, Inc. are a handful of companies using ShareVault™ to support the due diligence process associated with business development and fundraising activities. Its rapidly growing customer base among cleantech and alternative energy companies is proof that ShareVault™ is taking virtual data room capabilities to the next level.
“The value of a company’s intellectual property is vital to its success. It’s the foundation from which the business grows,” said Brent Constanz, Founder and CEO of Calera, a company dedicated to reversing global warming by capturing and storing greenhouse gases in building materials, such as cement. “We wouldn’t feel comfortable sharing confidential information with customers and strategic partners, but ShareVault™ eases that concern by providing the ability to share sensitive information in a completely secure manner. It gives us peace of mind knowing that we can easily and securely share and monitor important information necessary to pursue new business opportunities.”
Pandesa ShareVault™ includes the following features:
• High, speed encrypted connection;
• PDF streaming, which enables large documents to open instantly;
• “Drag and Drop” file indexing, PDF conversion and upload capabilities;
• Customizable access control and policy-based security features;
• Detailed activity tracking and reporting;
• Full-text search;
• Worldwide access;
• Visual content browsing;
• In-place editing of tags and permissions; and
• 24/7 customer support.
ShareVault™ has gained popularity among alternative energy companies as the trusted platform that allows them to successfully share critical information most commonly used in business development, partner development, and fundraising activities. While Calera has found ShareVault™ makes their business development activities more secure, Soltage has found fundraising efforts to be more efficient.
“Project financing is an important aspect of our growth strategy.,” said Vanessa Stewart, co-founder and COO of Soltage, LLC, a full service renewable energy company that develops, finances, owns and operates solar energy generating power stations on client structures across the U.S. “Project financing requires a platform that can be used by both companies and investors; one that is safe, secure and easy to use. ShareVault gives us such capabilities.”
ShareVault™ is being used to support the growth of many types of companies in the cleantech space. “Our rapid adoption in this critical sector is a testament of Pandesa’s ability to tailor solutions for a variety of industries — from financial services to alternative energy,” said John Badger, Vice President of Marketing and Product Management, Pandesa.
###
About Pandesa:
Pandesa Corporation develops and markets ShareVault™, the next generation virtual data room for secure online sharing of sensitive documents during due diligence and other critical business processes. The company was founded in 2003 to help professionals securely share unstructured information in order to facilitate business transactions. Pandesa provides an on demand platform that enables its customers to manage critical time-sensitive and document-centric processes, such as due diligence, where documents must be organized and made available to multiple parties efficiently and securely. Pandesa is based in Los Gatos, California, with development offices in Bangalore, India. For more information, visit: www.pandesa.com.
__________________________
Limerick BioPharma and Cortex Pharmaceuticals Use Industry Leading Virtual Data Room To Share Due Diligence Documents
Los Gatos, CA, September 16, 2009 — Pandesa, a leading provider of next generation virtual data rooms, has been adopted by a number of pharmaceutical, biopharmaceutical and biotech research and development companies worldwide, to securely share sensitive documents during the due diligence process associated with partnering, licensing, fundraising, mergers and acquisitions, and other business processes.
Pandesa has leveraged its expertise enabling due diligence for top institutions in the financial services industry to develop solutions for a range of markets and business transaction scenarios, including biopharmaceutical partnering. AcelRx Pharmaceuticals, Cortex Pharmaceuticals, DURECT Corporation, Jazz Pharmaceuticals, Limerick BioPharma, XenoPort and dozens of other firms in the industry have selected ShareVault™ for a variety of due diligence applications.
Today’s pharmaceutical market is increasingly competitive. To maintain a competitive edge, companies must be able to move quickly to identify, evaluate, and negotiate deals. In order to do so, extensive information is required, including highly sensitive information from clinical trials and research. ShareVault™ provides customers unparalleled features to enable a competitive edge, with an easy to use platform that is fast, secure and reliable.
“A pharmaceutical company’s greatest asset is its data. It serves as the foundation for all of our partnering and fund raising efforts. Real-time access to key data from clinical trials and other research greatly facilitates the due diligence process,” said Nigel Ray, Vice President of Business Development, Limerick BioPharma, a company that develops compounds to significantly improve drug side effect profiles and clinical outcomes. “ShareVault gives us the ability to move fast and share information, without fearing security risks. With this capability, we’re able to conduct deals faster while casting a broader net to get more potential partners.”
Pandesa ShareVault™ for biopharmaceutical partnering includes the following features:
• High, speed encrypted connection;
• PDF streaming, which enables large documents to open instantly;
• “Drag and Drop” file indexing, PDF conversion and upload capabilities;
• Customizable access control and policy-based security features;
• Detailed activity tracking and reporting;
• Full-text search;
• Visual content browsing;
• In-place editing of tags and permissions; and
• 24/7 customer support.
ShareVault™ additionally enables multiple companies in different geographic locations to conduct due diligence, reducing the need to coordinate in-person meetings during the each stage of partnering discussions.
“ShareVault’s focus on speed helps us accelerate the due diligence process,” said Mark Varney, CEO, Cortex Pharmaceuticals, a neuroscience company focused on developing novel AMPAKINE® drug therapies for neurological and psychiatric disorders. “Some of our clinical trial results documents contain thousands of pages, yet our users can open them instantly from ShareVault.”
Pandesa ShareVault™ has helped hundreds of companies share mission-critical information in a secure and reliable on-demand environment. Its rapidly growing customer base among biopharmaceutical companies is proof that ShareVault™ is taking virtual data room capabilities to the next level.
“It’s gratifying to see ShareVault™ being used so effectively in so many diverse applications. Our customers are realizing that a virtual data room of this caliber saves time and money and ends up making better deals and partnerships,” said John Badger, Vice President of Marketing and Product Management, Pandesa.
###
About Pandesa:
Pandesa Corporation develops and markets ShareVault™, the next generation virtual data room for secure online sharing of sensitive documents during due diligence and other critical business processes. The company was founded in 2003 to help professionals securely share unstructured information in order to facilitate business transactions. Pandesa provides an on demand platform that enables its customers to manage critical time-sensitive and document-centric processes, such as due diligence, where documents must be organized and made available to multiple parties efficiently and securely. Pandesa is based in Los Gatos, California, with development offices in Bangalore, India. For more information, visit: www.pandesa.com.
__________________________
Powered by WordPress