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For buy- and sell-side engagements. Ask from Claude, ChatGPT, or the Excel and PowerPoint add-ins — every answer comes back with exact citations: the file, the page and the cell.
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What’s the NWC peg in the latest SPA draft, and does it tie to the Q2 balance sheet?
search_room("NWC peg, SPA v3")The peg is $4.2M (SPA v3, §2.4). The Q2 balance sheet shows NWC of $4.6M, so the draft peg sits $0.4M below the trailing quarter. Q&A item 212 notes the seller’s figure excludes a $0.35M inventory build.
Which customer contracts have change-of-control clauses?
Claude
search_room("change of control")4 of 11 customer MSAs carry a change-of-control provision. Two require consent (Northline Foods §14.2, Halvorsen Dairy §17.1); two are notice-only (Brightwater §12, Mesabi Logistics §9.3). The remaining seven are silent.
Top-five customer concentration for FY25?
ChatGPT
search_room("customer concentration, FY25")Top five customers were 46% of FY25 revenue. The largest, Northline Foods, was 18%. Concentration is down from 51% in FY24, driven by the Mesabi ramp rather than any loss.
| Row | A | B | C | D |
|---|---|---|---|---|
| 9 | Purchase price | 48,000,000 | ||
| 10 | Net debt | (6,300,000) | ||
| 11 | Cash-free / debt-free | 41,700,000 | ||
| 12 | NWC peg | |||
| 13 | Q2 actual NWC | |||
| 14 | Peg vs. actual |
Customer concentration
Top five customers were 46% of FY25 revenue.
Largest, Northline Foods, was 18%.
Down from 51% in FY24 on the Mesabi ramp.
Rev_by_customer_FY25.xlsx · Summary!D8 · Rev_by_customer_FY24.xlsx · Summary!D8 · CIM_v2.pdf · p.37
A retrieval engine built for M&A.
PDFs and scans, spreadsheets down to the cell, contracts down to the clause, emails and their attachments — all of it read once and turned into something your assistant can search. One index per deal. Your documents stay where they are.
Deal team applications
Diligence Q&A
“What is the NWC peg in the latest SPA draft, and does it tie to the Q2 balance sheet?” You get the answer, the file and the page.
Model inputs, sourced
Pull figures into the model with the cell they came from. Or ask for a preloaded workbook: staged values in one tab, a Sources tab with a screenshot of each PDF beside the number it feeds.
What changed overnight
Drop the new export. North Arm shows what is new, changed or gone since your last call.
Decks in your firm’s format
Upload a few of your own decks once. North Arm learns the layout and builds teasers, CIM summaries and buyer updates on your master — citation footer on every slide, sources slide at the end.
Deal kickoff
Hand it the teaser, the CIM and the room. It proposes a plan, drafts an outline, waits for your approval, then builds the deck and preloads the model.
Project email
Every room gets an address. Forward a file; it is indexed and answerable minutes later.
Diligence tracking and memos
A question list from Excel becomes a matrix of documents by questions, every cell cited. Memos draft from your templates.
Closing
Legal hold when you need it. At close, one action destroys the index and produces a closing package from the access log — written for a risk team.
What stays yours
Your files stay on your machine
North Arm keeps the index. You keep the documents.
Your model keys, or prepaid credits
Run Claude on your firm’s Anthropic account — your terms, your retention settings, your choice of model. Or pre-pay for credits and skip the procurement. Your data trains nothing either way.
Every retrieval logged
Who asked, from where, which files came back, when. The log records access, not content. App conversations live with the room and go when it goes.
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Answers travel, documents stay
Claude and ChatGPT reach the room through North Arm. Delete the room and it is gone.
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Data room architect.
Information asymmetry works both ways.
Start from their request list
Load it. North Arm maps each item to the files you already have, flags the gaps, and builds the folder structure around it.
Or start from a template
North Arm drafts the request list and folder tree for your deal type. Edit it, fill it, ship it to the buyer.
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[Title] · Five years in M&A, $2B closed
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