Apogee’s M&A Insight™ provides the most comprehensive and cost-effective option for legal diligence in the context of mergers and acquisitions. Leveraging machine learning and Apogee’s subject matter expertise, M&A Insight automates the identification and extraction of key contractual provisions with a high degree of accuracy, enabling clients to quickly perform a more consistent and thorough diligence process.
The M&A due diligence process has undergone a dramatic shift over the past decade, with increased investment required of both buyers and sellers well before there is any certainty of the transaction closing. Prospective buyers are expected to conduct extensive diligence before executing an exclusive letter of intent, and sellers are required to substantially invest in the disclosure process, analyzing corporate records and assembling quality of earnings reports before initiating the sale process. Until recently, completing the necessary diligence required a large team of attorneys to manually review each contract.
Using M&A Insight, we can increase the amount of meaningful information available, while also decreasing the time and costs associated with the overall diligence process. Leveraging our extensive M&A background with our understanding of the best machine-learning tools, we created M&A Insight to automate the identification and extraction of the most critical contract provisions (without human review of the entire contract). M&A participants can quickly assess their contracts, examine fundamental transaction issues (i.e., change of control, assignment rights, restrictive covenants), plus gain an unprecedented level of insight into risk, compliance and pricing matters due to the highly scalable nature of the automated solution.