Intralinks® (NYSE: IL), a leading, global technology provider of inter-enterprise content management and collaboration solutions, today announced the release of the Intralinks Deal Flow Indicator (“DFI”) for the second quarter of 2012.
The DFI, which tracks global sell-side M&A mandates and deals reaching the due diligence stage prior to public announcement, presented a 23 percent increase in global merger and acquisition (M&A) deal activity compared to Q2 2011. All regions also showed a year-over-year positive trend for Q2 2012 over Q2 2011, with the strongest growth in Asia Pacific (30 percent) and similarly positive trends in Latin America (19 percent), Europe/Middle East/Africa (EMEA) (23 percent), and North America (22 percent).
In addition to the 23 percent year-over-year growth, the DFI also reveals increased volume in deals reaching due diligence over the last four quarters, from Q3 2011 to Q2 2012. Aggregate volume increased 22 percent over the previous period from a year earlier. Year to year growth in total annual volume of deals reaching due diligence was strong across the board, with Latin America (33 percent) and Asia Pacific (31 percent) showing the largest increase, though EMEA and North America proved strong as well, with 26 percent and 16 percent increases respectively. Energy and manufacturing showed the largest increases in North America and Latin America, while EMEA saw a significant boom in financial services and technology and Asia Pacific observed gains in consumer and real estate deals.
However, despite an overall increase in due diligence volume compared to Q1 2012, quarter to quarter numbers showed varied deal volume. North America showed the largest increase in Q2 2012 over Q1 2012, (28 percent) while EMEA showed 20 percent growth. Latin America proved strong as well with a 19 percent increase after a slight dip in Q1, and Asia Pacific displayed a 4 percent decrease, after a major uptick in Q1.
“The current trends are showing that buyers are coming back to market, albeit with a far more selective and cautious approach following months of economic volatility,” says Matthew Porzio, vice president, M&A product marketing at Intralinks. “Buyers will be covering all their bases and conducting water-tight due diligence to minimize risks before buying assets in uncertain times. However, buyers are looking to grow their portfolios with smaller deals that they may not have entertained in the past. This strategy is stimulating activity across the board.”
Intralinks is introducing a new format for the DFI to include more extensive analysis and commentary. Intralinks partnered with mergermarket to expand the DFI into a new format to provide readers with more context surrounding the data. Each DFI will also feature a spotlight on a different region each quarter, as well as guest commentary.
Intralinks’ Deal Flow Indicator results are based on the company’s involvement in a significant percentage of M&A deals in the early stages of each transaction, providing a leading perspective on global deal activity. Intralinks has been a global provider of M&A virtual data rooms for more than 10 years, providing a cloud-based platform that accelerates deals from the beginning to the end of the process. In today’s economy, the ability to conduct due diligence on opportunities around the world and execute on deals that achieve value requires a concentrated strategy.
About the Intralinks Deal Flow Indicator
The Intralinks Deal Flow Indicator (the “DFI”) is intended to provide Intralinks’ perspective on the level of M&A due diligence activity taking place during any given period of time. The statistics contained in the DFI represent the volume of virtual data rooms opened, or proposed to be opened, through Intralinks for the purpose of conducting due diligence on proposed transactions including asset sales, divestitures, private placements, financings, capital raises, joint ventures, and partnerships. These statistics are not adjusted for changes in Intralinks’ share of the virtual data room market or changes in market demand for virtual data room services. These statistics may not correlate to the volume of completed transactions reported by market data providers and should not be construed to represent the volume of transactions ultimately consummated during any period of time. In addition, the statistics provided by such market data providers may be compiled with a different set of transaction types than those set forth above. For more information about the DFI, please visithttp://www.intralinks.com/knowledge/intralinks-deal-flow-indicator.
THIS PRESS RELEASE AND THE DEAL FLOW INDICATOR (COLLECTIVELY “THE MATERIALS”) ARE PROVIDED “AS IS” FOR INFORMATIONAL PURPOSES ONLY. INTRALINKS MAKES NO GUARANTEE, REPRESENTATION OR WARRANTY OF ANY KIND REGARDING THE TIMELINESS, ACCURACY OR COMPLETENESS OF THE CONTENT OF THE MATERIALS. THESE MATERIALS ARE BASED ON INTRALINKS’ OBSERVATIONS AND SUBJECTIVE INTERPRETATIONS OF DUE DILIGENCE ACTIVITY TAKING PLACE, OR PROPOSED TO TAKE PLACE, ON INTRALINKS’ VIRTUAL DATA ROOM PLATFORM FOR A LIMITED SET OF TRANSACTION TYPES. THESE MATERIALS ARE NOT INTENDED TO BE AN INDICATOR OF INTRALINKS’ BUSINESS PERFORMANCE OR OPERATING RESULTS FOR ANY PRIOR OR FUTURE PERIOD. THESE MATERIALS ARE NOT INTENDED TO CONVEY INVESTMENT ADVICE OR SOLICIT INVESTMENTS OF ANY KIND WHATSOEVER.
“INTRALINKS” AND THE INTRALINKS LOGO ARE THE REGISTERED TRADEMARKS OF INTRALINKS, INC. THE INTRALINKS DEAL FLOW INDICATOR MAY BE USED SOLELY FOR PERSONAL, NONCOMMERCIAL USE. THE CONTENTS OF DFI MAY NOT BE REPRODUCED, DISTRIBUTED OR PUBLISHED WITHOUT THE PERMISSION OF INTRALINKS. FOR PERMISSION TO REPUBLISH DEAL FLOW INDICATOR CONTENT, PLEASE CONTACT INFO@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 the DFI and 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 (the “SEC”) from time to time, including its Annual Report on Form 10-K for the year-ended December 31, 2011 and subsequent quarterly reports.
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.