By PR Newswire, September 24, 2013, 08:00:00 AM EDT
Survey of over 2,400 dealmakers confirms growing impact of social computing and online deal sourcing networks, with half of buy-side professionals having closed a deal sourced online
NEW YORK, Sept. 24, 2013 /PRNewswire/ -- Intralinks® Holdings, Inc. (NYSE:IL), a leading, global SaaS provider of inter-enterprise content management and collaboration solutions, today launched Intralinks DealNexusTM, the largest global deal marketplace and professional network for qualified M&A professionals. Intralinks DealNexus offers a secure and confidential way for dealmakers to find and engage the best buyers or capital partners, and is used by more than 5,000 private equity firms, corporations, investment banks and advisors to intelligently connect and exchange deal opportunities. The company's first community offering in the social enterprise market, 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.
"Intralinks DealNexus is invaluable in expanding our network and deal flow pipeline, giving us unique visibility into potential opportunities that fit our strategy and that otherwise we'd never have seen," said Patrick O'Keefe, principal of the private equity firm Excellere Partners. "The connections made through Intralinks DealNexus led to a relationship and an M&A deal that closed in half the time of a traditional transaction. Intralinks DealNexus really works, helping us find and close opportunities and giving us a clear competitive edge."
Intralinks DealNexus combines the recently acquired MergerID and PE-Nexus networks into a single integrated platform, linking buyers and sellers to increase the number of relevant, actionable deal opportunities they receive. By taking these processes online, Intralinks DealNexus shortens timeframes to close for advisors and increases deal sourcing efficiency for buyers. Intralinks DealNexus has initiated over 5,000 actionable deal opportunities with a cumulative value of over $100 billion. Membership to Intralinks DealNexus is free to qualified professionals.
"Intralinks DealNexus is the Match.com of the M&A world," said Matt Porzio, vice president of strategy and product marketing at Intralinks. "We bring together strategic buyers and sellers in a secure community that helps them target the widest possible market in order to consummate a deal. Deal sourcing networks are becoming an increasingly significant channel for deal marketing, and with Intralinks DealNexus we've created the largest, most vibrant global network of dealmakers, significantly reducing the time and cost needed to find and close deals."
Survey of Over 2,400 Dealmakers Finds Online Deal Sourcing Networks Transforming The M&A Industry
New research unveiled today by Intralinks confirms the growing impact of social computing and online deal networks in the M&A industry. The global survey of more than 2,400 M&A professionals showed broad adoption of online deal sourcing platforms, with an increasing volume of successful deals being initiated through these deal networks. The survey found that the traditional deal marketing process is rapidly being augmented and transformed by leveraging technology, social media and community-based deal networks to speed deals and reach the biggest possible target audience. Survey highlights include:
- More than 40 percent of dealmakers currently use an online deal network to support deal sourcing. Of them, over 85 percent of sell-side M&A professionals have marketed at least one deal online in the last 12 months.
- More than 50 percent of buy-side and over 40 percent of sell-side professionals have closed a deal that was sourced on an online network
- Social networks like LinkedIn and Twitter are an integrated and successful component of deal networking, broadly used across the industry
- Almost 70 percent of dealmakers report that online communities of M&A professionals are making deal-sourcing more efficient
To register to receive a detailed report of all the survey findings go to http://offers.intralinks.com/DealNexus-SurveyReportReq.
How to Join Intralinks DealNexus
Membership to Intralinks DealNexus is free to qualified M&A professionals. Visit http://www.intralinks.com/products/intralinks-dealnexus.
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 exchange, control and management of information between organizations securely and compliantly when working through the firewall. More than 2.7 million professionals, including professionals at 99% 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 $23.5 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 and subsequent quarterly reports.
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.