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AtlasAI for M&A

AI for M&A lawyers, every SPA from precedent

AtlasAI reads the signed agreements of every prior deal your firm closed and links the deals, sponsors, targets and covenants in one knowledge graph. Your deal team reviews the data room with each finding cited, and the next SPA starts from your firm's accepted positions.

3-day free trial on one matter. No setup fee.

2,000+attorneys that use AtlasAI, across 5 countries

Attorneys draft, review and research with AtlasAI, starting from their best past work.

In use at
Fried FrankOppold IP LawClearloom
01

Due diligence

A full data room reviewed for material risk

Upload the data room, and AtlasAI extracts the key terms, flags the risk provisions and sorts each document by deal relevance: financials, contracts, IP and regulatory filings. Reviewer agents prepare a diligence memo with a citation for each finding.

  • Material risksAn attorney asks AtlasAI to review every data room document for material risks, change of control provisions and undisclosed liabilities.
  • Category and materialityAtlasAI reorganizes the unsorted data room into a folder structure by category and materiality.
  • A cited memoReviewer agents draft the diligence memo, and the partner approves the memo.
02

Deal term comparison

Deal terms compared with your firm's deal history

AtlasAI analyzes deal structures, earnout provisions and indemnification caps across your firm's transaction history, finds the strongest precedents and flags the outlier terms. The deal team compares each term of the current deal with your firm's prior deals in one table.

  • Prior acquisitionsAsk AtlasAI to compare the purchase price adjustments and indemnification caps across your firm's last 8 acquisitions.
  • Outlier termsAtlasAI flags each term outside the range the firm accepted on prior deals.
  • A citation in each cellEach cell cites the clause in the signed agreement of the prior deal.
03

Drafting

Purchase agreements drafted from your templates

AtlasAI drafts purchase agreements, disclosure schedules and ancillary documents from your firm's templates and signed precedents. The AtlasAI add-in brings each draft into Word, with each change as a tracked change and the playbook applied.

  • The SPAA new SPA starts from the signed agreement of a closed matter, with your firm's accepted positions.
  • Disclosure schedulesAtlasAI drafts the disclosure schedules from the findings of the diligence review.
  • Playbook reviewAtlasAI checks each counterparty markup against your firm's M&A playbook in Word.
04

Closing checklist

Closing conditions tracked from the deal documents

AtlasAI assistants track the closing conditions, the deliverables and the post-closing obligations from the analyzed deal documents. Each item on the checklist cites the section of the agreement behind the item.

  • Conditions and deliverablesAn assistant lists each closing condition and deliverable of the SPA, with the section cited.
  • ConsentsAtlasAI adds each third-party consent the diligence review found to the closing checklist.
  • Post-closing obligationsAtlasAI lists each post-closing obligation with the party and the date.
A worked example

A partner compares deal terms across 8 prior acquisitions

Project Loom, a private equity M&A matter.

What AtlasAI reads

FromiManageiManageSharePointSharePointNetDocumentsIntapp
MatterIntappProject Loom
PrecedentiManageiManageThe firm's last 8 acquisitions
Firm positionSharePointSharePointIndemnity cap at 10% of the purchase price
AttorneyIntappDana Chen, Partner, Private Equity

You ask

The answer, with every source cited

A table of the purchase price adjustment mechanisms and indemnification caps of the last 8 acquisitions, with outlier terms flagged and each cell cited

1Brightwell_Holdings_SPA_signed.pdf · Section 2.42Brightwell_Holdings_SPA_signed.pdf · Section 8.3
Ready for your review

The partner asks

Dana Chen asks AtlasAI to compare the purchase price adjustments and indemnification caps of the last 8 acquisitions, for the Loom term sheet.

AtlasAI reads the precedents

AtlasAI reads the signed agreements of the 8 acquisitions and the accepted positions of each matter.

AtlasAI compares

AtlasAI fills one row per acquisition, flags the outlier terms and cites each clause.

The partner decides

Dana Chen sets the Loom indemnity cap at 10% of the purchase price, the position the firm accepted on Brightwell.

From LOI to close

Data room review

AtlasAI reads thousands of documents, extracts the key terms, flags the risks and organizes the documents by category and materiality, in Tabular Review.

Term sheet analysis

AtlasAI compares the deal terms with precedent transactions and identifies the outlier provisions and the negotiation points.

Document drafting

AtlasAI drafts purchase agreements, disclosure schedules and ancillary documents from your firm's templates, in Word.

Closing checklist

AtlasAI assistants track the closing conditions, the deliverables and the post-closing obligations from the analyzed deal documents.

Security

Built for the security review of a law firm

AtlasAI runs the security program on the SOC 2 Trust Services Criteria, and the AtlasAI security team shares the current audit status and the control documentation with your security reviewers. Under NDA, your security reviewers receive the AtlasAI Security and Compliance Posture Report and 12 corporate policies. Each deploying firm also receives the penetration test results.

Your deployment

Run AtlasAI in the AtlasAI cloud or in your firm’s Azure subscription, with the same controls in both.

Your permissions

AtlasAI agents read only the documents each user may open, with your iManage permissions and ethical walls applied to every step.

Your data

AtlasAI trains no model on your data, and every approved model provider works under zero data retention terms.

Your audit log

AtlasAI logs every question, answer and agent step. The managed service keeps the log for 365 days, with export, and a self-hosted deployment streams the log into your SIEM.

Security at AtlasAI

Questions attorneys ask

What does AtlasAI do for an M&A practice?

AtlasAI reviews data rooms, compares deal terms with your firm's prior deals, drafts purchase agreements from the firm's accepted positions and tracks the closing checklist, with each finding cited.

Can AtlasAI review a full data room?

Yes. AtlasAI reviews data rooms of thousands of documents across financials, contracts, IP and regulatory filings, and reviewer agents draft a diligence memo with a citation for each finding.

How does AtlasAI compare deal terms?

AtlasAI reads the signed agreements of your firm's prior deals, places the terms in one table and flags each term outside the range the firm accepted.

Can AtlasAI draft the SPA?

Yes. AtlasAI starts the SPA from the signed agreement of a closed matter, applies your firm's accepted positions and inserts each change in Word as a tracked change.

Can AtlasAI build the closing checklist?

Yes. AtlasAI assistants list the closing conditions, deliverables, consents and post-closing obligations, with the section of the agreement cited for each item.

Who sees the data room?

Each user sees only the documents that user may open, with your firm's iManage permissions and ethical walls applied to every answer and agent step.

Which plan fits an M&A practice?

Professional at $99 per user per month, with a minimum of 5 users, includes the knowledge graph, Tabular Review and Agentic Workflows. Enterprise adds Playbooks and AI Assistants. Every plan starts with a 3-day free trial on one matter.

Start your firm's next deal from precedent

Start a free trial on one matter, with no commitment, or book a walkthrough with an AtlasAI engineer.

Start free trial