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TheStreet Open House

Intralinks Acquires Deal Sourcing & Marketing Platforms MergerID And PE-Nexus

Stocks in this article: IL













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."

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