Online package sourcing programs connect sellers and buyers of assets, making it easier to get firms to source and close deals. These tools use economical technology to find deals for sellers and buyers, and are commonly cheaper than employing an in-house team. These types of platforms also are fully computerized, meaning they will save money and time while producing better results.

Probably the most popular deal sourcing websites is BankerBay, which allows users to search a limitless number of discounts and obtain connected with the right parties based upon common hobbies. The site as well allows users to add buy-side and sell-side deals, expense mandates, and more. Several of these programs have been paid for by monetary technology companies including Intralinks and PE-Nexus. The combined system is now named DealNexus, and is one of the largest package sourcing networks.

These programs have totally changed offer origination and are today an essential a part of M&A deals. They connect buyers and sellers by using a network of websites and cut down on the overhead and costs associated with deal-making. Furthermore, these on the web deal-sourcing networks give a broader variety of companies than traditional options.

Private equity package sourcing networks such as 4Degrees automate the entire deal lifecycle by eliminating hours of manual data connection and transactional CRM platforms. This enables organizations to identify offers that are really worth pursuing, and allows them to get in built in sooner.