Sagolik Close for businessBeta
Buying a business, closed with clarity.
The same closing infrastructure we build for property, shaped for acquisitions: one deal room from letter of intent to a confirmed ownership transfer — for buyers, sellers, advisors, counsel, lenders and escrow.
In the demo, choose a person under “Business acquisition (beta)”.
Blue Harbor Coffee
LLC · Specialty coffee roasting · Asset purchase
- LOI: complete
- Diligence: current
- Financing: upcoming
- Agreement: upcoming
- Funds: upcoming
- Transfer: upcoming
- Grace Liu · AccountantQuality of earnings — in review
- David Chen · CounselDisclosure schedules — draft
- Michael Reed · LenderUnderwriting — 3 conditions open
- Rachel Kim · M&A advisorLandlord consent — requested
From LOI to close
Every stage of the deal, owned and visible
Each step has an owner, a status and the documents behind it. Nobody has to ask where the deal stands.
- 01
LOI & deal room
The signed letter of intent opens a deal room for buyer, seller, advisors, counsel, lender and escrow.
- 02
Due diligence
Financials, quality of earnings, disclosure schedules and lien searches — each with an owner and a status.
- 03
Financing
Lender conditions tracked next to the deal, so everyone sees what's left before funding.
- 04
Definitive agreement
The asset or stock purchase agreement and closing documents, signed through an e-signature provider.
- 05
Funds flow
Verified payment instructions, cooling-off on changes and escrow-reported receipts — never custody.
- 06
Closing & transfer
Ownership is marked transferred only when deal counsel confirms it with a reference.
In the deal room
A complete acquisition closing. In one place.
Deal room
One place for the deal
Diligence vault
Versioned, access-controlled
People & roles
Each side sees its share
Tasks
Owners and due dates
Timeline
LOI to closing
Financing
Lender conditions
Lien search
UCC, tax, judgments
Signatures
Via your e-sign provider
Identity
Parties verified
Funds flow
Escrow-reported
Messages
Deal-room threads
Transfer
Confirmed by counsel
Every side of the table
Each party sees exactly what they should
Access is decided per deal and per role, and enforced in the database — not just hidden in the interface.
Buyer
Their tasks, the deal timeline, financing status and verified wire details when it's time to fund.
Seller
What's still needed from them — schedules, consents, transfer documents — and when proceeds are released.
M&A advisor
The whole file: who is blocking, what's due this week, and every party's progress.
Counsel
Agreements, disclosure schedules, the lien search and the final confirmation of the transfer.
Accountant
The diligence documents they review. No access to bank details or payment instructions.
Lender & escrow agent
Their conditions and the funds flow — with second-person verification for any payment detail.
Money
Orchestration, never custody
Purchase funds move from the buyer's bank to the escrow agent or paying agent — never through Sagolik. What we protect is the part fraud targets: where the money is told to go.
Step-up for every change
Changing or revealing payment details needs a fresh second factor.
A second person verifies
Instructions are verified by someone other than their author, with a call reference.
Cooling-off on changes
Changed details wait before they can be used, and every party is alerted.
Receipts from escrow
Funds show as received only when the escrow agent records it.
Beta scope
What's in the beta — and what isn't yet
We'd rather tell you the limits than have you find them mid-deal.
Included
- A US workflow for asset, stock and membership-interest purchases
- Deal room with roles, tasks, owners and due dates
- Diligence documents with per-document access levels and version history
- Accountant role with document access but no money access
- Financing conditions and lien-search findings tracked to resolution
- Verified payment instructions, cooling-off on changes and escrow-reported receipts
- Ownership transfer confirmed by counsel with a reference — never by a click
Not yet
- State-specific rules (bulk-sale notices, tax clearance) — tracked as tasks for now
- Working-capital adjustments, holdbacks and earn-outs after closing
- Cap-table, data-room and accounting-system integrations
- Regulatory filings such as HSR for larger deals
Sagolik Close coordinates the deal; it doesn't give legal, tax or financial advice, hold funds or decide what a deal requires. Your counsel and advisors do.
Running acquisitions? Shape the beta with us.
We're looking for M&A advisors, deal counsel, lenders and escrow agents to pilot the workflow on real deals.
