Case Study: Scripps secures complex transactions with iDeals Virtual Data Room

How Scripps securely conducts a suite of transactions with iDeals

Scripps, one of the largest independent local broadcasters in the U.S., needed a secure way to manage multiple parallel transactions as it exited radio and expanded its TV business. The company had to share highly confidential information with many competing bidders while maintaining tight control over access, due diligence, and compliance across several deals. It used iDeals virtual data rooms for these complex transactions.

With iDeals, Scripps was able to create separate data rooms with tailored Q&A sections, set granular permission levels, track activity, monitor storage usage, and archive exact copies of each room for regulators and compliance proof. The platform supported multiple mergers, joint ventures, and debt offerings over four years, and Scripps’ team and cybersecurity experts felt very comfortable using iDeals.

Scripps

Marc Loeffler

Senior Program Manager