The data room for clean carve outs.
Selling a business unit, subsidiary, or asset group out of a larger corporate. Define what is in scope, what stays with the parent, and what runs on a transition services agreement. All in one room.
Carve out scope
One annual subscription for unlimited rooms. Run a carve out, a refinancing, and a strategic acquisition on the same plan. The cost does not move.
Buyer, buyer counsel, carved out management, parent finance, parent IT, parent HR. Add as many groups as the deal needs. Each one gets its own permission set.
Closed rooms keep the audit record for 7 years. The TSA scope dispute that comes up 18 months after close is settled by the audit log, not by recollection.
Drop in the standard 13 folder M&A template.
Built around what buy side counsel and operations diligence teams actually request. Customize the financial folder for carve out adjusted statements, the operations folder for TSA scope, the HR folder for transferring employees.
Start Free Trial →Different access for each side of the table.
Buyer and buyer counsel see the carve out scope and operational detail. Seller corporate dev keeps full access. Carved out unit management sees what they need to run the standalone business. Parent finance keeps what stays. View Watermarked, Download Watermarked, View Original, Download Original. Per group, folder, and file.
Start Free Trial →Built for the moving pieces of a carve out.
Run the carve out alongside other corporate transactions on the same plan. Each one stays separate with its own permissions and audit log.
Buyer, buyer counsel, carved out unit management, parent finance, parent IT, parent HR. Each group gets the access they need and nothing more.
Standard structure mapped to reps and warranties categories. Customize for carve out adjusted financials, TSA scope, and employee transfer workflows.
Documents show as watermarked previews by default, stamped with the viewer's name and a timestamp, and you choose per group whether anyone gets original files. Carve out materials stay traceable across buyer, counsel, and parent teams.
Every view, download, and permission change, with timestamps and IP addresses. Export to PDF. Closed rooms keep the audit record for 7 years, useful if a TSA question comes up after close.
Your logo and colors on the room and notifications. Invites send from support@lockroom.com with your company name as the display name.
Every click, logged.
Carve outs invite questions long after close. TSA performance disputes, customer assignment issues, employee retention claims. The audit log is the permanent record of what each side saw, when. Exportable to PDF anytime.
Start Free Trial →Related to your use case.
13 folder M&A template, granular buyer permissions, watermarked previews, and full audit log.
Audit log retention covers post close TSA disputes, customer assignment, and indemnity claims.
How to compare data room pricing models, with published prices where vendors list them.
Run your next carve out on a flat rate.
Live same day. No card. 14 day trial with full feature access, and no surprise invoices after it.