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Mergers & Acquisitions

The data room built for M&A diligence.

From teaser to close, run the deal on a flat rate. Folder structures bankers expect, granular buyer permissions, watermarked previews, and an audit log that survives reps and warranties.

SEC 17a-4 + FINRA 4511Watermarked previewsWhite labeling
Workspace
Active deals
New room
Project Atlas
Day 58 of process
Diligence
5 buyer groups
Project Meridian
Day 41 of process
LOI
3 buyer groups
Project Ironwood
Day 22 of process
Diligence
8 buyer groups
Project Cobalt
Day 9 of process
Teaser
14 buyer groups
Why deal teams choose LockRoom
Flat all in
$6,000 / yr

One number for unlimited rooms. Run a single deal or a portfolio. Single deal at $375 a month is also available.

Setup time
60 seconds

Drag in the 13 folder M&A template, invite buyer groups, go live. Buyers see your branded room in minutes.

Audit retention
7 years

Compliant with SEC 17a-4 and FINRA 4511. Exportable for reps and warranties carriers, post close disputes, or compliance review.

Folder structure

Drop in the standard 13 folder M&A template.

Built around what bankers and buy side diligence teams actually request. 13 top level folders, 63 subfolders, mapped to standard reps and warranties categories. Customize from there.

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Rooms/Project Ironwood
Documents
68 files across 4 folders
JW
TM
SL
#
Name
Files
Permissions

Different access for each buyer group.

Strategic buyers see operational detail. Financial buyers see different financial detail. Tier 1 sees full diligence, Tier 2 sees Phase 1. View Watermarked, Download Watermarked, View Original, Download Original. Per group, folder, and file.

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Buyer group
View
Download
Strategic Buyer A
Strategic Buyer B
Financial Buyer (Tier 1)
Financial Buyer (Tier 2)
Built for the deal lifecycle

Every stage, on the same room.

13 folder M&A template

Standard structure mapped to reps and warranties categories. Drop it in on day one and the room is ready for buyers.

Granular buyer permissions

View Watermarked, Download Watermarked, View Original, Download Original. Per buyer group, folder, and file.

White label branding

Your firm logo and colors on the room and on buyer invite emails. Buyers see your brand from first invite to close.

Watermarked previews

Every PDF a buyer opens is dynamically watermarked with their email and IP. If a deck leaks, you know which buyer leaked it.

SEC 17a-4 + FINRA 4511 audit logs

Page level activity, IP, search queries, print blocked events. Retained per regulatory requirements. Survives reps and warranties.

Advanced search

Buyers find what they need without flooding your inbox. You see what they searched for in the audit log.

Audit log

Every click, logged.

Court ready. Page level activity, IPs, search queries, print blocked events. Retained per SEC 17a-4 and FINRA 4511. Exportable to PDF or CSV when reps and warranties insurers ask for it.

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Project Ironwood
Audit Log
Live
Today · Jun 18, 2026
YouRevoked
Buyer 3 → Project Ironwood
22:49
Marcus AbernathyPrint blocked
Federal Returns.pdf
22:48
Marcus AbernathyViewed
Federal Returns.pdf
22:45
YouGranted Access
Buyer 2 → Tax folder
22:40
Eleanor PrescottViewed
2025 P&L.xlsx
22:39
Eleanor PrescottDownloaded
NDA Final.pdf
22:36
412 events this week · retained per SEC 17a-4 and FINRA 4511
FAQ

Frequently Asked Questions

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Run your next deal on a flat rate.

14 day free trial. Full feature access. No credit card. Spin up your first deal room and drop in the M&A template in under 5 minutes.

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