SunTrust Robinson Humphrey Selects IntraLinks as its Exclusive Dataroom Provider
Company will use IntraLinks® On-Demand Workspaces™ for all mergers & acquisitions advising engagements
New York, June 27, 2005
SunTrust Robinson Humphrey, a division of SunTrust Capital Markets, Inc., today announced that it has selected IntraLinks as its exclusive provider of virtual data room services for M&A advisement deals. SunTrust will standardize on IntraLinks for its deals, establishing a turnkey solution that can be implemented rapidly to further reduce time to market for the firm’s clients. SunTrust will also take advantage of IntraLinks’ Private Label Service, a feature that will enable them to reinforce their brand among their clients by customizing their virtual data rooms with their corporate logo and colors.
“We conducted a thorough evaluation of the marketplace and found IntraLinks to be superior on all counts,” said Andy Mason, Managing Director of SunTrust Robinson Humphrey. “Their comprehensive approach to servicing clients is without par in the industry, and we trust them to deliver the best in service and support throughout our transactions.”
IntraLinks® On-Demand Workspaces™ replace the physical data rooms traditionally used for due diligence and expedite the deal cycle by enabling buyers to review documents remotely.
“We're delighted to partner with SunTrust to better serve their M&A clients,” said Andrew Damico, Executive Vice President of Sales and Marketing at IntraLinks. "This relationship means SunTrust Robinson Humphrey bankers will have a secure IntraLinks workspace and dedicated support staff ready for clients at the start of every deal.”
About SunTrust Robinson Humphrey
SunTrust Robinson Humphrey is a full service investment banking firm serving companies and investors nationwide. SunTrust Robinson Humphrey provides a full range of investment banking services including: exclusive sales of private and public companies, public offerings of equity and debt, private placements of debt and equity, merger and acquisition advisory services, fairness opinions and valuations.
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.
