Case study
Deal capacity doubled: an M&A firm automates its documentary due diligence
35 solicitors, 4,000 documents per deal, data rooms to review under time pressure: this mid-market firm turned document review into a competitive advantage.
Context
Industry
Mid-market corporate law firm (M&A, private equity), Dublin
Volume
12-18 M&A deals per year, 2,000-4,000 documents per deal
Tools
Intralinks and Datasite data rooms, CRO, Revenue Online Service
Due diligence team
6 dedicated associates
The problem
Each M&A deal requires exhaustive document review. Associates spent 2 weeks per deal checking thousands of documents in data rooms, under constant timing pressure.
- 2 full weeks of document review per M&A deal
- High error risk: one missed anomaly can cost millions
- Poorly organised data rooms, missing or misfiled documents
- Timing pressure: deals don't wait, and neither do competitors
- Exhausted associates, high turnover on due diligence teams
The solution
CheckFile.ai automatically extracts, classifies, and cross-validates data room documents: constitutions, annual accounts, key contracts, authorisations, regulatory compliance.
- Automatic extraction of key data from each data room document
- Cross-validation between documents: constitution vs CRO extract, accounts vs auditor reports
- Detection of missing documents against a standard M&A checklist
- Prioritised anomaly report for associates and partners
The results
85%
time saved on document review
2 weeks reduced to 2 days per deal
12
critical anomalies found on first deal
Errors invisible to manual review
12→24
deals handled per year
Capacity doubled without hiring
0
post-closing document error
Zero post-closing claims since adoption
“On our first deal with CheckFile, the tool detected an inconsistency between the target's constitution and CRO extract that could have blocked the closing. Our associates had missed it after 3 days of review. There's no going back.”
M&A Partner
Mid-market corporate law firm, Dublin