Research · Analyze · Report Marketplace Agent

Every data room analyzed. Every risk surfaced.

Accelerates M&A due diligence by processing entire data rooms, extracting key findings, identifying risks, and generating comprehensive reports—reducing 6-week reviews to days while catching what humans miss.

85%
Faster Review
$2.1M
Avg Issues Found
Zero
Missed Red Flags
🏢
M&A Due Diligence
Project Falcon Analysis
Active Deal In Progress
Project Falcon - TechTarget Acquisition
Healthcare SaaS · $340M Enterprise Value · LOI Signed
4,247
Documents
89K
Pages
72h
Elapsed
94%
Complete
📁 Data Room Analysis
Processing Progress 3,992 / 4,247 documents
1,847
Contracts
1,342
Financial
1,058
Other
🚨 Critical Findings
Critical
Undisclosed Litigation
$4.2M patent claim found in board minutes, not in seller disclosures
High
Revenue Concentration
Top 3 customers = 67% of ARR, 2 contracts expiring within 6 months
Medium
Key Person Risk
CTO employment agreement has 30-day termination, no non-compete
⚠️ Change of Control Triggers
Enterprise Customer MSA Customer $12.4M ARR
AWS Partnership Agreement Vendor Termination Right
Executive Employment (CFO) Employee 2x Severance
📊 Key Metrics Extracted
💰 Total Contract Value $47.2M ARR
📄 Active Contracts 1,234
👥 Employees w/ Non-Competes 47 of 234
🏢 Real Estate Commitments $4.8M annual
📋 Workstream Status
Legal / Contracts
100%
Financial
92%
HR / Employment
88%
IP / Technology
95%
85%
Faster
$6.2M
Issues Found
23
Red Flags
Analysis Status Active (real-time)

Due diligence is a fire drill. Every single time.

Thousands of documents. Days to review. Risks to find.

  • Data room opens. 4,000 documents. 6 weeks to close. Your team of 8 lawyers starts reading. Page after page. Contract after contract. Hoping nobody misses the liability clause on page 47 of document 2,847.
  • You know something's hidden. Sellers don't highlight their problems. That undisclosed litigation? Buried in board minutes. That customer concentration risk? Scattered across 200 contracts. That employment issue? One sentence in an email attachment. Your job is to find what they didn't want you to see.
  • Different reviewers, different standards. Attorney A flags aggressive indemnification. Attorney B doesn't. Attorney C thinks the IP assignment is fine; Attorney D sees a gap. Inconsistency creates risk—and nobody catches the overlap.
  • Time pressure creates mistakes. Deadline's in 3 weeks. Team's exhausted. Document 3,847 looks like documents 1-3,846. Eyes glaze over. Critical detail missed. Due diligence report goes to the board. Deal closes. Surprise emerges 6 months later.
  • Change of control provisions hide everywhere. Customer contracts, vendor agreements, leases, employment deals, partnership agreements—any of them could have a trigger that lets counterparties walk. Finding them all manually is nearly impossible.
  • The cost is staggering. Outside counsel bills $400K. Internal team burns 2,000 hours. Deal slips because diligence isn't done. Or worse—deal closes with undiscovered issues that cost millions.

"Our last acquisition had a $340M enterprise value and a 4,200-document data room. We had 6 weeks and 8 attorneys. That's roughly 500 documents per person, 80+ documents per day. You're not reading at that pace—you're scanning and hoping. We found the major issues, but we missed a $2.4M environmental liability buried in a lease amendment. Nobody reads lease amendments word-for-word when you're processing 80 documents a day. That $2.4M came out of the purchase price adjustment—after we'd already closed. Due diligence at this volume isn't diligence. It's managed risk acceptance disguised as review."

— General Counsel, Private Equity Portfolio Company

Every document processed. Every risk surfaced.

Deploy an AI that reads every document in the data room, extracts every relevant term, cross-references for hidden issues, and delivers findings organized by risk level—in days instead of weeks.

01

Comprehensive Processing

Every document in the data room read and analyzed. No scanning, no skipping, no fatigue. 4,000 documents processed in days with consistent thoroughness regardless of volume.

02

Cross-Reference Intelligence

Connections humans miss. Board minutes mentioning litigation cross-referenced with disclosure schedules. Customer contracts compared against revenue schedules. Employment terms mapped to severance exposure.

03

Risk-Prioritized Reporting

Findings delivered by severity. Critical issues surface immediately. Change of control triggers consolidated. Attorney time focused on judgment calls, not document processing.

Every diligence workstream. Comprehensive extraction.

📄

Legal / Contracts

Commercial agreements, NDAs, licenses, and partnerships with complete term extraction and risk mapping.

  • Change of control provisions
  • Assignment restrictions
  • Termination rights and triggers
  • Liability caps and indemnification
  • Exclusivity and non-compete
  • Most favored nation clauses
👥

HR / Employment

Employment agreements, equity grants, and HR policies with retention risk analysis.

  • Key person provisions
  • Change of control severance
  • Non-compete and non-solicit
  • Equity acceleration triggers
  • Retention bonus obligations
  • Pending claims and disputes
💡

IP / Technology

Patents, licenses, and technology agreements with ownership and encumbrance analysis.

  • IP ownership and assignments
  • License grants and restrictions
  • Open source obligations
  • Third-party dependencies
  • Patent portfolio analysis
  • Technology escrow provisions
💰

Financial / Tax

Financial statements, tax returns, and audit reports with consistency verification.

  • Revenue recognition issues
  • Customer concentration analysis
  • Deferred revenue obligations
  • Tax positions and exposures
  • Debt covenants and restrictions
  • Off-balance sheet liabilities
🏢

Real Estate

Leases, property agreements, and environmental reports with commitment mapping.

  • Lease terms and obligations
  • Assignment and subletting rights
  • Environmental conditions
  • Restoration requirements
  • Rent escalation provisions
  • Guarantees and deposits
⚖️

Litigation / Regulatory

Claims, disputes, and regulatory matters with exposure quantification.

  • Pending litigation analysis
  • Regulatory investigations
  • Insurance coverage mapping
  • Indemnification claims
  • Compliance certifications
  • Government contracts

Real deals. Real discoveries.

Hidden Liability Discovery

$4.2M Undisclosed Litigation Found

Healthcare SaaS acquisition with "clean" disclosure schedules. Agent cross-referenced board minutes against seller representations and discovered material litigation not disclosed.

Agent Discovery

"Cross-reference alert: Material discrepancy detected. Source document: Board Meeting Minutes (March 2024, page 7). Reference: 'Board discussed pending patent infringement claim from MedTech Holdings. Outside counsel estimates exposure at $4.2M. Settlement discussions ongoing.' Cross-reference check: Seller Disclosure Schedule 3.8 (Litigation). Finding: No reference to MedTech Holdings claim. No reference to any patent litigation. Schedule states: 'No material litigation pending or threatened.' Discrepancy severity: CRITICAL. Recommended action: Immediate inquiry to seller regarding undisclosed patent claim. Request all documents related to MedTech Holdings matter. Potential purchase price adjustment: $4.2M+ (exposure plus legal fees plus potential injunctive risk). Additional discovery: Found 3 additional email references to 'MedTech situation' in executive correspondence folder."

→ $4.2M undisclosed claim discovered. Purchase price adjusted. Indemnity negotiated. Deal proceeded with eyes open.
Change of Control Analysis

23 CoC Triggers Consolidated in Hours

Manufacturing acquisition with 1,200+ contracts. Manual review would miss provisions scattered across customer, vendor, lease, and employment agreements. Agent found 23 change of control triggers.

Agent Analysis

"Change of control analysis complete. Documents reviewed: 1,247 contracts. CoC provisions identified: 23. Customer contracts with CoC triggers: 8 contracts representing $18.4M ARR (39% of total revenue). Highest risk: Enterprise Manufacturing Co. MSA ($12.4M ARR) - Section 14.2 grants termination right upon 'change in majority ownership or control.' Notice required: 90 days. Vendor contracts with CoC triggers: 7 agreements. Critical: AWS Partnership Agreement allows AWS to terminate 'strategic partner' pricing tier upon change of control. Estimated annual cost increase: $890K. Real estate with CoC triggers: 3 leases. Headquarters lease (Section 22.1) requires landlord consent for assignment; consent may be withheld in landlord's 'sole discretion.' Employment with CoC triggers: 5 executives with double-trigger acceleration or enhanced severance. CFO and CTO have single-trigger provisions. Total CoC severance exposure: $4.7M. Recommendation: Pre-closing consent required for 3 critical customer contracts and headquarters lease. Executive retention agreements needed for CFO and CTO."

→ 23 triggers found across 1,247 contracts. $18.4M ARR at risk identified. Pre-closing consent strategy developed.
Speed Transformation

6-Week Review Completed in 4 Days

Competitive auction with compressed timeline. Traditional diligence impossible. Agent processed entire 4,200-document data room in 4 days with full reporting.

Agent Processing

"Project Falcon diligence complete. Timeline: 96 hours from data room access to comprehensive report delivery. Documents processed: 4,247. Pages analyzed: 89,432. Processing rate: 44 documents/hour (continuous). Findings generated: 847 unique findings across 6 workstreams. Critical issues: 4 (requiring immediate attention). High-priority issues: 12 (requiring detailed review before signing). Medium issues: 47 (for post-signing resolution). Standard extraction: Complete contract database created (1,234 active contracts, all key terms extracted). Cross-reference analysis: 2,847 cross-references checked across disclosure schedules vs. data room documents. Discrepancies found: 7. Attorney review required: 63 documents flagged for human judgment (1.5% of total). Estimated manual equivalent: 8 attorneys × 6 weeks = 1,920 attorney hours. Agent processing: 96 hours + 120 hours attorney review of flagged items = 216 total hours. Time savings: 89%. Cost savings: $340K (external counsel fees avoided)."

→ 4 days vs. 6 weeks. $340K cost savings. Bid submitted on time. Deal won.
Revenue Risk Discovery

67% Customer Concentration Exposed

Software acquisition where seller presented "diversified" customer base. Agent analyzed contracts against revenue data and discovered dangerous concentration not apparent from summary data.

Agent Analysis

"Revenue concentration analysis complete. Seller representation: 'No single customer represents more than 15% of revenue.' Analysis finding: MISLEADING. Individual customer analysis confirms no single customer >15%. However, corporate family analysis reveals: MegaCorp (including subsidiaries MegaCorp Healthcare, MegaCorp Financial, MegaCorp Europe) = 34% of ARR ($16.1M). TechGiant (including TechGiant Cloud, TechGiant AI division) = 21% of ARR ($9.9M). GlobalBank (including GlobalBank Securities, GlobalBank Insurance) = 12% of ARR ($5.7M). Combined top 3 corporate families: 67% of ARR ($31.7M). Additional risk factors discovered: MegaCorp MSA expires in 8 months. No renewal commitment. Section 4.7 includes MFN clause triggered by acquisition. TechGiant contract contains termination for convenience with 60-day notice. GlobalBank has RFP process scheduled for Q2 (found in account team email). Recommendation: Revenue concentration represents material risk not adequately disclosed. Require seller rep adjustment. Consider earnout structure tied to customer retention. Prioritize MegaCorp renewal before close."

→ 67% concentration discovered vs. 15% represented. $31.7M ARR risk identified. Earnout structure negotiated.

Everything you need for comprehensive diligence.

📁

Data Room Processing

Every document read and classified. No volume limits. Consistent analysis regardless of size.

🔗

Cross-Reference Engine

Disclosure schedules checked against documents. Inconsistencies and gaps surfaced.

⚠️

Risk Prioritization

Findings ranked by severity. Critical issues surface first. Attorney time focused correctly.

🔄

Change of Control Finder

CoC provisions identified across all agreement types. Exposure quantified. Consent requirements mapped.

💰

Financial Tie-Out

Contract values reconciled to financials. Revenue recognition verified. Deferred revenue validated.

👥

Employment Analysis

Severance exposure calculated. Non-competes mapped. Retention risk quantified.

📊

Workstream Reporting

Organized by diligence workstream. Ready for deal team review. Exportable findings.

🔍

Red Flag Detection

Undisclosed liabilities, inconsistent representations, and hidden risks surfaced automatically.

📋

Diligence Report Generation

Board-ready reports with findings, risks, and recommendations. Deal-specific customization.

Connects with your deal infrastructure.

Intralinks
Datasite (Merrill)
Firmex
Box
SharePoint
Google Drive
iManage
NetDocuments
DealCloud
Salesforce
Microsoft Dynamics
Slack
Microsoft Teams
Excel Export
PowerPoint Export
Custom APIs

Know exactly what you're deploying.

Role

Reports to: General Counsel / M&A Lead
Availability: 24/7 during active deals
Scope: All diligence workstreams

Core Responsibilities

  • Process data room documents
  • Extract key terms and findings
  • Cross-reference against disclosures
  • Identify change of control triggers
  • Flag risks and red flags
  • Generate diligence reports

Decision Authority

  • Extract and classify findings
  • Flag risks for review
  • Generate preliminary reports
  • Prioritize severity levels
  • Make deal recommendations
  • Assess commercial viability
📋

Full Agent Job Description

Complete specification including workstream configurations, risk scoring, and report templates.

Download .docx

What's Inside

  • ◈ Workstream extraction templates
  • ◈ Risk scoring methodology
  • ◈ Cross-reference rule library
  • ◈ Report format specifications
  • ◈ CoC provision patterns
  • ◈ Integration requirements

Use with Weaver

Configure workstream-specific extraction rules, define risk thresholds, and customize report formats for your deal team.

Your deal data. Your analysis. Your infrastructure.

🤖

Agent (One-Time)

Pay once. Own the asset. Full source code. Deploy on unlimited deals.

🔒

Deal Data Stays Yours

All documents, analysis, and findings never leave your infrastructure. Complete confidentiality.

🛡️

Annual Assurance

New extraction patterns, cross-reference rules, and model improvements for complex deals.

🔧

Weaver Customization

Configure workstreams, risk thresholds, and report formats for your deal practice.

Stop reading data rooms. Start closing deals.

Deploy the M&A Due Diligence Agent on your infrastructure. Every document analyzed. Every risk surfaced. Days instead of weeks.

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