How Modus Partners Manages Deal Flow in an Always-On Data Room
Sector: Corporate Advisory / M&A | Market: Singapore, Australia, Global | Use Case: M&A Due Diligence, Capital Raises, Exit Advisory
About Modus Partners
Modus Partners is a boutique corporate finance advisory partnership with global reach and a passion for technology. With offices in Singapore and Sydney and a team of around a dozen partners, principals and analysts, the firm advises growth-stage and late-stage companies across the technology, media and sustainability sectors on M&A/trade sales exits, capital raises, IPOs and Board-level strategic projects. Their partner network extends across North America, Europe/UK, Japan, Korea, India, the UAE and beyond, connecting Asia-Pacific company owners with the right buyers and investors globally.
The team’s edge is earned, not theoretical. The partners are ex-founders, corporate executives, and active investors. Their approach — what they call “Narrative & Numbers” — means building the compelling story that makes the numbers land with the right counterparties.
Michael Gethen, Managing Partner Asia and Rob Antulov, Managing Partner Australia have over 100 corporate transactions to their names.
The firm handles 8–12 active transactions per year with total 2025 deal value exceeding $200M.
When a Client appoints a Corporate Advisor for an exit or capital raise transaction, they expect the data room to look institutional. The documentation environment where buyers, investors, and their legal teams spend weeks reviewing sensitive materials is a direct signal of professional quality. For Modus Partners, running hundreds of millions of dollars in tech deal value annually, that expectation was non-negotiable.
Digify made it possible
Il problema
Modus runs a continuous deal pipeline. At any given time, mandates are at different stages — some in early commercial diligence, others deep into legal and financial review, others approaching close. The firm needed transaction infrastructure that matched that reality: always on, always ready, built for the full range of a formal M&A process.
The tools founders and early-stage companies reach for — Google Drive, DocSend — aren’t built for this. DocSend handles investor pitch deck sharing well. It isn’t built for the structured environment that formal due diligence requires: granular access permissions tied to NDA scope, document-level analytics showing counterparty engagement, watermarking on sensitive materials, and a centralised Q&A record. When a sophisticated acquirer or institutional investor opens a data room, they know immediately whether the process has been run professionally.
Lightweight tools signal the wrong thing at exactly the wrong moment.
Enterprise VDRs close that credibility gap — but they’re structured as per-deal engagements. Every new mandate means a new setup cycle: procurement, onboarding, configuring from scratch. For a firm running 8–12 transactions a year, that friction compounds. Deals don’t wait for infrastructure to be ready.
La soluzione
Digify gave Modus exactly what they needed: a permanent data room layer — feature-complete for formal M&A, always available, and ready to scale from a first commercial review through to full post-term sheet diligence without switching tools mid-deal.
A two-stage data room for every transaction. Modus deploys Digify across two phases of each deal. Pre-term sheet, a limited data room supports high-level commercial diligence — enough for an investor or acquirer to validate their thesis without exposing the full document set. Post-term sheet, the full environment opens for deep diligence across legal, financial, and operational materials, with access permissions calibrated to each counterparty’s NDA scope.
Enterprise controls that counterparties expect. Granular access control ensures each party sees exactly what they should. Document analytics give the Modus team visibility into engagement — which materials are being reviewed, by whom, and for how long. Watermarking provides the final layer of protection against unauthorised distribution. Together, these deliver the governance standard that institutional acquirers and their legal teams expect from a formal diligence environment.
The Q&A workflow that replaced the spreadsheet. The traditional approach — a shared spreadsheet tracking incoming questions, responses, and timelines — is error-prone and non-auditable. Digify’s integrated Q&A centralises the process: questions are logged, linked to source documents, answered, and timestamped in one environment. Lawyers and accountants often default to email; Modus manually uploads those questions into Digify so the complete record — every question, every answer — lives in one place regardless of how it arrived.
Il risultato
The setup friction is gone. The data room infrastructure is permanent, configured to the firm’s standards, and live the moment a new mandate starts. For a practice running 8–12 transactions a year, the compounding cost of repeated setup cycles, procurement, onboarding, configuration has been eliminated entirely.
More importantly, the credibility gap has closed. Counterparties entering a Modus data room — institutional acquirers, offshore investors, their legal and financial teams — encounter an environment that matches what they’ve seen on the enterprise side of major deals.
Granular permissions tied to NDA scope, including view-only or download permission at file level. Watermarked materials. A complete, linked Q&A record auditable from first question to final answer. That signal matters. A data room that looks improvised undermines the advisory process at the worst possible moment.
Digify is now the operating layer through which every Modus transaction runs, not a tool reached for at the start of a deal, but infrastructure the practice is built on.
Ready to Run Every Deal
on institutional infrastructure?
Digify virtual data rooms give advisory firms the access control, document analytics, watermarking, and structured Q&A that formal due diligence demands — available year-round, across every mandate.