Case Study: Terradatum streamlines acquisitions and audits with iDeals Virtual Data Room

How Terradatum uses iDeals to handle several aсquisitions and a separate forensic audit

Terradatum, a real estate market analytics provider in the US and Canada, used iDeals Virtual Data Room to manage a complex mix of acquisitions, potential sale processes, and a separate forensic audit. Its challenge was keeping multiple opportunities, stakeholders, and sensitive documents organized and confidential while tracking buyer interest and handling different due diligence threads at the same time.

Using iDeals, Terradatum created separate data rooms and folders for each transaction and audit, controlled granular access permissions, and used built-in document management and Q&A tools to keep projects isolated. The result was a secure, easy-to-use platform that helped Terradatum move quickly on new offers and supported its eventual 2021 acquisition by Lone Wolf Technologies in an eight-figure deal, while also reducing the risk of cross-contamination between projects.

Terradatum

Mark Spraetz

President and Chief Executive Officer