Drones facilitating M&A transactions would be a new application. The closest thing in finance has been hedge funds gaining an investment edge through aerial views of parking lots to gauge retail traffic or for insurance companies to fly over buildings and assess claims.
Private equity firms have asked for drone footage to prove the existence of assets, buildings and factory sizes and numbers, said Merlin Piscitelli, chief revenue officer for Europe, the Middle East and Africa at Datasite Global Corp., which provides virtual data rooms. “Given current travel restrictions, they believe the footage could help them increase their market outreach and early stage engagement in both buying and selling assets,” he said.