Thank you - this is going to be amazing!
This is an historic day for Ansarada and an exciting one for me as the CEO and one of the four founders.
By Sam RileyTue Aug 18 2020Industry news and trends
Our Future - The Film
This morning it has been announced that Ansarada will be combining forces with thedocyard (ASX:TDY) and via this transaction we will be listing on the Australian Securities Exchange. Let me share more about the transaction and what the future holds for Ansarada customers, suppliers and the broader marketplace.
Thanks to all the people who have trusted usThe Ansarada journey began 15 years ago with a vision and $30,000 in seed capital from the pockets of our four founders. On behalf of the whole Ansarada team, we are extremely thankful and very grateful to all our customers who have supported us in becoming a genuine Australian tech success story.
We have developed leading edge products, like our virtual data room and pathways that people use to manage critical information and for facilitating critical outcomes, like an M&A deal and raising capital. We also are the platform people use for running tenders, asset management, audits and board communication.
What are we going to focus on now?Our focus has and always will be on helping companies and advisors to reduce risks, costs and stress. Helping them feel calm and in control. Our innovations are centered on increasing simplicity, improving collaboration and providing more valuable data and insights that help people be confident and ready to act in every critical decision. We’ve been trusted by 1.2 million people from the world's leading companies, investment banks, accounting and legal firms to do this. However, we are only just getting started and we are passionate about improving what we do and helping people even more.
Well, firstly our respective products and customer bases are highly complementary, and I know from spending time with thedocyard founder Stuart Clout so too are the vision and values we share. We both lead with care and curiosity to serve our customers to achieve better outcomes. These were of foundational importance to me.
Why this deal? Why thedocyard?
We’ve had a long held ambition to be a publicly listed company and the opportunity to do that and bring together TDY’s differentiated workflow tools, deal management features and the Athena board management portal with our market leading Virtual Data Room and Pathways platforms were very exciting from a strategic perspective.
This deal is about our next stage as an independent company. It is unashamedly about growing to meet our potential as a business on a global stage. The combined technology and expertise will create an unrivalled SaaS platform for information governance and end-to-end management of corporate transactions. Our customers will be positioned better than ever to improve performance and ensure they are ready to act with confidence in every critical decision and transaction.
What is information governance and why does it matter?Information quality and the way it is managed is becoming an ever-increasing strategic business asset. It is the cornerstone of fast and effective decision making. It’s the roadway to repeatable results. It’s all-important in assuring actions are aligned. It’s mandatory to manage risks. It’s critical to compliance certainty. It’s essential to enable efficiency. It underpins the execution of any successful strategy and it’s what’s relied upon by people to move forward with confidence and pace right across an organisation.
That’s why I’m thrilled to be joining together with thedocyard. It amplifies and accelerates our vision of becoming the information governance platform that executives, Boards and business owners rely on.
As the CEO of the enlarged group I have enormous conviction that this next step in our journey is going to bring exciting things for all of us. There will be new opportunities for our people to shine and to deliver fantastic outcomes for our customers.
Thanks for supporting us on the journey.
Sam Riley | Co-Founder & CEO
You can read the broader rationale behind the proposed transaction with thedocyard via the announcement on the Australian Stock Exchange.