Use case
Acquirer or adviser managing diligence workstreams
Download the CSV, open it in Excel or Google Sheets, customise the rows, then upload the finished index to Data Room Builder. The columns are intentionally simple: Level 1, Level 2, Level 3 and Notes.
| Level 1 | Level 2 | Level 3 | Notes |
|---|---|---|---|
| 01 Workstream Management | Diligence tracker | — | Owners, status, issues and follow-ups |
| 02 Financial Diligence | FDD reports and source files | — | Advisor outputs and source support |
| 03 Legal Diligence | Legal reports | — | Issues list and source documents |
| 04 Commercial Diligence | Market and customer analysis | — | CDD outputs and supporting data |
| 05 Tax Diligence | Tax review | — | Tax reports, exposures and structuring notes |
| 06 HR and Management | Management assessment | — | Interview notes and org analysis |
| 07 IT and Operations | IT/ops review | — | Systems, cyber, operations and integration notes |
Implementation tips
- Separate buyer-side analysis from seller-provided documents.
- Use workstream folders to coordinate advisers and internal deal-team members.
- Keep issue logs current so findings flow into SPA, valuation and IC materials.
FAQs
Is buy-side diligence a data room?
It is often an internal diligence workspace rather than a seller-facing VDR, but the same folder discipline helps organise advisors, source files and findings.
Should buyer analysis be stored with seller documents?
Usually no. Keep buyer analysis and privileged notes separate from source documents received from the seller.