PNC PAID

Transform M&A Payments

It’s Quick and Simple and Delivers Payments Faster
than Conventional Processes.

Step 1: Send

Security holders can quickly and securely review, complete, and electronically sign deal documents in minutes - from anywhere they have online access.

Step 2: Sign

Our personalized signing experience enables deal documents to be completed accurately the first time, saving time and expediting payments.

Step 3: Close

Close without the time-consuming process of printing and mailing the many deal documents.

Watch

Video: PNC Bank M&A Escrow & Paying Agent Services

PNC Bank M&A Escrow & Paying Agent Services

Watch this short video to learn how PNC has modernized the M&A escrow and payments industry.

Advantages of PNC PAID

Man in casual business attire on a tablet
  • Eliminate paper-based payment processes in merger and acquisition (M&A) transactions.
  • The online portal allows security holders to complete and submit deal documents online via mobile or desktop applications.
  • It's quick and simple and delivers payments faster than conventional processes.
  • Security holders can manage payment information online, choose payment method (Fedwire, ACH or check) and view their deal payment status. The easy-to-use platform is available 24/7/365.
  • PNC also manages option holder payments to former employees, eliminating the pain of keeping seller’s payroll open after closing.
  • Access for security holders, buyers, seller and deal counsel.

Access a Personalized Deal Dashboard

PNC PAID provides direct access to key information on their current and prior deals. Monitor deal progress in real-time. Solicitation, payment status, transaction activity and more are immediately available.

Screen shots of PNC PAID

Maintain Control of Your M&A Deal

Eliminate printing and mailing of pre-closing deal documents:

  • Distribute pre-closing documents, including security holder consents, 280G consents and joinders.
  • Collect signatures.
  • Tally results to accelerate the closing.

Use industry-leading technology to streamline the payment process:

  • Complete and submit documents on line.
  • Allow security holder to complete and submit deal documents online.

Set up escrow accounts:

  • Work with PNC’s experienced and responsive team.
  • Provide rapid turnaround on review and execution of the escrow agreement.
  • Tailor a program to meet the needs of the parties under tight time constraints — sometimes in a matter of hours.
Deliver option holder payments:
  • Manage option holder payments to former employees so that the seller’s payroll does not need to remain open after closing.
  • Get flexible solutions for current and former employees to ensure vested and unvested payments are made in a timely manner.

Let's Talk

To learn more about PNC PAID, please fill out the form below and we’ll be in touch.