The past two years have reshaped the practicalities of dealmaking for the better. The challenges of transacting remotely during the COVID-19 pandemic accelerated the adoption of technologies that enable both swifter and more judicious deal processes.

A higher degree of automation has mitigated previously manual tasks, improved workflows and reduced costs.

This report surveyed 100 senior executives to gain insights into the digitalisation of due diligence. The respondents comprised 25 investment banks, 25 law firms and 50 private equity (PE) firms. All are headquartered in Europe (including the UK) and were recently involved on the buy side of an M&A deal. All responses are anonymous, and results are presented in aggregate.