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IntraLinks acquires deal sourcing and marketing platforms MergerID and PE-Nexus

IntraLinks has acquired MergerID and PE-Nexus, two online deal sourcing platforms for the mergers and acquisitions industry.

 
MergerID, based in London and 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 can offer an 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 deliver,” says Ron Hovsepian (pictured), chief executive of IntraLinks. “Advisers, corporations and private equity firms are always striving for ways to reach the largest possible market and speed the deal, 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 offer a secure and confidential way for M&A advisers to find and engage the best buyers and/or capital partners for their clients. For private equity firms and acquisitive corporations, they increase the number of relevant, actionable deal opportunities they receive. By taking these processes online, the platforms shorten timeframes to close for advisers 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 connect and exchange deal opportunities, including Nasdaq, Sun Capital Partners, HSBC and AT&T.
 
Anthony Hill, chief executive 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 and for existing IntraLinks customers, who will all now have access to an integrated solution that covers the complete deal management process,” says Hill. “The combination of MergerID and PE-Nexus will result in the largest, most vibrant global deal sourcing platform in existence. 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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