Due Diligence
Due diligence is the systematic investigation a buyer performs on a target company before signing a transaction. In European M&A practice, due diligence runs across legal, financial, tax, commercial, IT/cyber, environmental, and HR workstreams. It typically takes four to ten weeks of confirmatory work after non-binding offers are received.
A virtual data room is the platform on which due diligence is run. The seller stages documents under a structured folder hierarchy; the buyer's deal team and expert advisors review under granular permissions; questions and answers are routed through a Q&A workflow that produces a defensible disclosure record.
Last updated: May 2026.