IntraLinks Enters Into Strategic Alliance With Global M&A GmbH
New York, July 28, 2005
IntraLinks, Inc., a leading provider of virtual data rooms to the financial services industry, today announced that it has entered into a strategic alliance with Global M&A GmbH (Global M&A), one of the world’s leading partnerships of M&A boutique firms. Under the terms of the agreement, IntraLinks will serve as the preferred virtual data room provider to members of Global M&A, which is comprised of 27 middle-market M&A advisory firms worldwide. Over the last five years, the organization’s members have completed more than 600 transactions with an aggregate deal value of more than €10 billion.
“Around the world, our partners are top-tier, middle-market advisory firms who know the markets at home and options abroad,” said Michael Gibbons, chairman of both Global M&A and Brown Gibbons Lang & Co. (US partner). “By forming an alliance with IntraLinks, we are bringing to our partners a fellow best-of-breed provider whose services will give them the ability to further extend their geographic transaction reach, enabling deeper due diligence and accelerating the time it takes to close a deal.”
Traditionally, due diligence was conducted in physical deal rooms, with participants entering one at a time to review confidential information over a period of weeks or months. Virtual deal rooms enable an unlimited number of buyer groups to review these documents simultaneously without revealing their identity to competing buyers.
“Global M&A is made up of some of the most distinguished middle market M&A firms in the world and we are very pleased that the group has chosen IntraLinks as its preferred provider of virtual data rooms,” said Christopher Thomas, Executive Vice President of Business Development at IntraLinks. “The market has recognized that doing deals online requires both leading technology and unrivaled customer service. We look forward to continue delivering on both fronts.”
About Global M&A
Global M&A is widely recognized as one of the world’s leading working partnerships of mid-market advisory firms focusing on cross-border, mid-market transactions with values between €25 and €500 million. The Global M&A partnership consists of 27 members in financial centers spanning the globe. Members have completed over 600 transactions with an aggregate deal value exceeding €10 billion since 2000. For more information, please visit www.globalma.com.
About IntraLinks
IntraLinks® On-Demand Workspaces™ connect business communities and accelerate the intelligent flow of information and documents among participants. Through IntraLinks' secure, neutral, online environments, companies are better able to compete globally by accelerating essential business processes, simplifying communication and fostering rapid workflow. IntraLinks is easily accessible anywhere, anytime using a web browser.
Since April 1997, more than 200,000 participants representing over 10,000 organizations worldwide have used IntraLinks on-demand workspaces to communicate and collaborate on more than 20,000 projects and transactions. IntraLinks has been rapidly adopted by the financial services and pharmaceutical markets. Over 250 global organizations are IntraLinks clients, including AstraZeneca Pharmaceuticals LP, Bank of America, Bear Stearns, Deutsche Bank, Ernst & Young, FDIC, TD Securities, Thomas Weisel Partners and WestLB. Founded in June 1996, IntraLinks is headquartered in New York with offices in Boston and London.