I'm working on a sell-side M&A process thats in the due diligence phase. I've received several due diligence question lists from various parties hired by the acquirer to conduct different aspects of the DD (i.e. legal, financial, commercial, etc.). All the lists are in different formats and file types (excel and word).
How do you guys like to manage these lists?
Do you create one central spread sheet in excel so you can track the progress of each DD workstream?
Do you work directly in the file provided by the DD advisor, answering questions and sending it back every so often as documents get uploaded to the dataroom and questions are answered?
Thanks.