Case Study: Pencarrow streamlines deal tracking and prepares for future tech adoption with Datasite

Small steps towards a more technological future

The customer, Pencarrow, a New Zealand-based private equity firm, did not face a significant technological challenge requiring a major new implementation but sought pragmatic tools to enhance its existing investment process. The firm, which relies heavily on personal networking, utilizes the Datasite platform as its virtual data room service to manage deal documentation and the diligence process.

The solution from Datasite provided Pencarrow with a secure and sophisticated platform for managing its transaction data, supporting its thorough due diligence process which averages six weeks per deal. While no specific measurable impacts like time savings are cited, the vendor's technology represents a key component in the firm's operations, enabling it to efficiently handle investments and plan for the future adoption of more advanced tools.

Pencarrow

Nigel Bingham

Managing Partner