William Blair & Company Selects IntraLinks To Provide Virtual Dealrooms
New York, October 24, 2006
William Blair & Company, L.L.C. has selected IntraLinks as its preferred provider for virtual dealrooms to support mergers & acquisitions advisory engagements. Under the terms of the agreement, IntraLinks’ On-Demand Workspaces™ will serve as the organization’s standard platform for exchanging confidential documents outside the client’s firewall. William Blair & Company will use the virtual dealrooms to accelerate timelines and increase operational efficiency for its clients.
“William Blair & Company has been committed to its clients’ success since 1935. In choosing a virtual dealroom platform, we sought a partner with a similar dedication to its customers,” said Richard P. Kiphart, head of corporate finance, William Blair & Company, L.L.C. “This relationship will help create additional efficiencies around corporate transactions, and ultimately help us to better serve our clients.”
IntraLinks On-Demand Workspaces help deal participants manage the entire lifecycle of a transaction, from deal team management to due diligence to deal closing. Virtual dealrooms replace the physical datarooms traditionally used for due diligence and accelerate the deal cycle by enabling buyers to review information simultaneously and remotely.
"We've witnessed a shift in the market over the past few years," said Fred Mather, executive vice president of IntraLinks. "Advisors have seen how virtual dealrooms have transformed the due diligence process. Now they're looking to extend these efficiencies to all aspects of the transaction. William Blair & Company has chosen IntraLinks as its preferred provider in order to expedite the deal cycle and bring the greatest possible value to its clients."
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 1997, more than 600,000 participants representing over 50,000 organizations worldwide have used IntraLinks On-Demand Workspaces™ to communicate and collaborate on thousands of projects and transactions. IntraLinks has been adopted widely in the financial services and pharmaceutical industries, where its clients include AstraZeneca Pharmaceuticals LP, Bank of America, Bear Stearns, Deutsche Bank, FDIC, TD Securities, Thomas Weisel Partners and WestLB, among hundreds of others. Founded in 1996, IntraLinks is headquartered in New York with offices around the world. For more information, visit www.intralinks.com.
About William Blair & Company, L.L.C.
William Blair & Company, L.L.C. is a Chicago-based investment firm offering investment banking, asset management, equity research, institutional and private brokerage, and private capital to individual, institutional, and issuing clients. Since 1935, we have been committed to helping clients achieve their financial objectives. As an independent, employee-owned firm, our philosophy is to serve our clients' interests first and foremost. We place a high value on the enduring nature of our client relationships, the quality of our products and services, and the continuity and integrity of our people. William Blair & Company has offices in Chicago, Boston, Hartford, London, San Francisco, Tokyo, Vaduz, and Zurich. For more information, please visit www.williamblair.com.
