For owners selling a business
Selling your business? Hand over your documents once.
Due diligence for selling your business doesn’t have to mean months of request lists and email attachments. Drop in what you have, see exactly what is still missing, and let ClosingVault keep it organized for every buyer.
What sellers get from ClosingVault
You know your business. You shouldn’t also have to become a filing clerk to sell it.
Hand everything over once
Drop your whole library in one go: folders, any file type, scans and photos included. No need to sort it first.
See exactly what’s missing
The checklist shows what is covered, what is missing and what is being reviewed, item by item.
Say in writing what doesn’t apply
If a request doesn’t fit your company, confirm it in writing. Only you can make that statement, and it is recorded.
No duplicates
Uploading the same file twice by accident does nothing. Identical files are skipped.
Versions handled for you
A newer copy of a document for the same period, like an updated monthly P&L, automatically becomes the current version.
Offers in one place
Letters of intent arrive in the room, each with a clear status, instead of scattered across email.
Buyers see only what is released
Each buyer sees only the stages opened to them, and any single document can be hidden.
How it works for you
How to prepare a data room to sell a business with ClosingVault
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Step 1: Gather what you have
Pull together your folders as they are: tax returns, financials, leases, contracts. Don’t rename or sort anything.
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Step 2: Drop it all in
ClosingVault reads every file, files it by topic and period, and ticks off the checklist items it answers.
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Step 3: Close the gaps
Upload what is missing, or confirm in writing that an item doesn’t apply to your company.
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Step 4: Keep it current, review offers
As new months close, add the new files and they become the current versions. LOIs arrive in the same room.
A due diligence checklist for selling a business
Buyers ask for broadly the same evidence in every deal. ClosingVault starts from a built-in due diligence checklist so you can see, item by item, which of your documents answer which request.
Financial records
Tax returns, profit and loss statements, balance sheets and bank statements, usually for several years and by month.
Contracts and customers
Customer and supplier agreements, and anything that changes hands when the business does.
Property and assets
Real estate leases, equipment lists and the paperwork behind them.
People and operations
Employee and payroll records, policies, licenses and permits.
Why ClosingVault
We organize the evidence; you draw the conclusions.
ClosingVault doesn’t replace your broker, attorney or accountant. It makes their job, and yours, easier by keeping every document filed, current and matched to what buyers asked for. See how ClosingVault compares with a traditional data room, or read how a room is kept confidential.
Questions sellers ask
What documents do I need to sell my business?
Buyers usually ask for several years of tax returns and financial statements, key contracts, leases, employee records, and licenses and permits. ClosingVault starts from a built-in due diligence checklist and shows which items your documents already answer.
Do I need to organize my files before uploading?
No. Drop in your folders as they are. ClosingVault reads each file, including scans, and files it by topic and period for you.
What if something on the checklist doesn’t apply to my company?
You confirm it in writing in the room. Only you, the seller, can make that statement, and it is recorded in the room’s activity log.
Will every buyer see everything I upload?
No. Buyers see only the stages and folders released to them, and any single document can be hidden from buyers.
What happens to scanned documents?
Scanned PDFs and images are read with OCR on ClosingVault’s own servers, then filed and searchable like any other document.
Do I have to pay for ClosingVault?
The firm that opens the room pays. If your broker or advisor opened the room for your sale, they pay for it.
Get your business ready for diligence.
Early access is opening soon. Tell us your email and we will be in touch.