pinsent Masons Launches Portana: A New Approach to Due Diligence
Pinsent Masons has unveiled Portana, a technology solution designed to streamline and enhance the due diligence process for clients undertaking mergers and acquisitions (M&A). Portana provides immediate visibility into critical issues arising during due diligence,eliminating the need to sift through lengthy reports. The platform also facilitates real-time collaboration between Pinsent Masons legal teams and their clients.
Developed through close collaboration with clients, Pinsent Masons’ research and development team prioritized optimal functionality and rigorously tested Portana during live M&A deals across various industry sectors. To ensure the solution directly addressed client needs, the firm strategically incorporated lawyers from its corporate and commercial practices into the development process through a secondment program.
Portana’s intuitive dashboard offers a comprehensive overview of the due diligence status,featuring:
Key Findings: A succinct summary of the most critically important areas of concern. Detailed Analysis: A clear, visually-driven presentation of identified issues, flagged for immediate attention.
* Examination Summaries: A structured Q&A format detailing areas reviewed and pinpointing specific concerns.
The platform empowers clients to quickly identify and prioritize issues crucial to transaction success. Insights are easily categorized by legal area, specific issue, or proposed solution.”Portana represents a significant advancement in how we deliver due diligence services,” saeid Amie Norris, a corporate partner at Pinsent Masons. “This dynamic,data-driven solution,built with direct client input,modernizes due diligence reporting.”
James Kaye, also a corporate partner, emphasized the client-focused development process. “We’re proud to have created a technology solution rooted in client feedback and designed to meet their specific requirements. The secondment program ensured that our due diligence experts were integral to Portana’s creation.”
