Intralinks Acquires Deal Sourcing & Marketing Platforms MergerID and PE-Nexus Acquisitions create largest global network for M&A deal marketing, sourcing and execution
NEW YORK, April 4, 2013 /PRNewswire/ -- Intralinks® Holdings, Inc. (NYSE: IL), a leading, global SaaS provider of inter-enterprise content management and collaboration solutions, today announced the acquisitions of MergerID and PE-Nexus, two leading online deal sourcing platforms for the mergers and acquisitions industry. MergerID, based in London and previously owned by the Financial Times Group, and PE-Nexus, a privately-held company based in Miami, Florida, will be combined to create the largest global deal marketplace and professional network for qualified M&A professionals. With these acquisitions, Intralinks now offers a unique end-to-end solution for managing the full lifecycle of strategic transactions, from deal preparation, marketing and sourcing through to due diligence and execution.
"Our strategic transactions customers are increasingly looking for a one-stop solution that can facilitate the complete deal process, and with these acquisitions, Intralinks can now deliver," said Ron Hovsepian, CEO Intralinks. "Advisors, corporations and private equity firms are always striving for ways to reach the largest possible market and accelerate the deal process, and by offering a fully integrated solution, we'll make the strategic transactions process faster, more efficient, and easier to manage."
MergerID and PE-Nexus are online deal platforms that bring together qualified M&A professionals from around the world with matching deal criteria. The platforms are designed to offer a secure and confidential way for M&A advisors to find and engage the best buyers and/or capital partners for their clients. Private equity firms and acquisitive companies use these platforms to increase the number of relevant, actionable deal opportunities they receive. By taking these processes online, these platforms shorten timeframes to close for advisors and increase deal sourcing efficiency for buyers. Over 5,000 private equity groups, Fortune 1000 corporations, investment banks and boutique M&A advisory firms use MergerID and PE-Nexus to intelligently and confidentially connect and exchange deal opportunities, including Branford Castle, Enhanced Capital, Baker Tilly and Windjammer Capital. Anthony Hill, CEO and co-founder of PE-Nexus, will join Intralinks as Director of the combined businesses.
"This agreement is great news for the current MergerID and PE-Nexus membership, as well as for existing Intralinks customers who will all have access to an integrated solution that covers the complete deal management process," said Mr. Hill. "The combination of MergerID and PE-Nexus will result in the largest, most vibrant global deal sourcing platform in existence today. The integrated capabilities Intralinks can now deliver will result in greater productivity and streamlined workflow for M&A professionals, significantly reducing the cost and time needed to find and close deals."
Intralinks Holdings, Inc. (NYSE: IL) is a leading, global technology provider of inter-enterprise content management and collaboration solutions. Through innovative Software-as-a-Service solutions, Intralinks solutions are designed to enable the secure and compliant exchange, control, and management of information between organizations when working through the firewall. More than 2 million professionals at 800 of the Fortune 1000 companies depend on Intralinks' experience. With a track record of enabling high-stakes transactions and business collaborations valued at more than $19 trillion, Intralinks is a trusted provider of easy-to-use, enterprise strength, cloud-based collaboration solutions. For more information, visit www.Intralinks.com.
Forward Looking Statements
The forward-looking statements contained in this press release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are express or implied statements that are not based on historical information and include, among other things, statements concerning Intralinks' plans, intentions, expectations, projections, hopes, beliefs, objectives, goals and strategies. These statements are neither promises nor guarantees, but are subject to a variety of risks and uncertainties, many of which are beyond our control and could cause actual results to differ materially from those contemplated in these forward-looking statements. Accordingly, there can be no assurance that the results expressed, projected or implied by any forward-looking statements will be achieved, and readers are cautioned not to place undue reliance on any forward-looking statements. The forward-looking statements in this press release speak only as of the date hereof. As such, Intralinks undertakes no obligation to update or revise the information contained in this press release, whether as a result of new information, future events or circumstances or otherwise. For a detailed list of the factors and risks that could affect Intralinks' financial results, please refer to Intralinks public filings with the Securities and Exchange Commission from time to time, including its Annual Report on Form 10-K for the year-ended December 31, 2012. Intralinks undertakes no obligation to update or revise the information contained in this press release, whether as a result of new information, future events or circumstances or otherwise.
Trademarks and Copyright
"Intralinks" and Intralinks' stylized logo are the registered trademarks of Intralinks, Inc. This press release may also refer to trade names and trademarks of other organizations without reference to their status as registered trademarks. © 2013 Intralinks, Inc. All rights reserved.
SOURCE IntraLinks Holdings, Inc.