Intralinks® Holdings Inc. (NYSE: IL), a leading, global SaaS provider of content management and collaboration solutions that acquired the PE-Nexus platform, the leading private market network for efficient deal flow exchange between middle-market M&A professionals, today announced that its intelligent deal network facilitated the acquisition of the Mt. Hood Water Solutions Treatment Division, a Swisher Hygiene company, by U.S. Water Services, a portfolio company of Denver, CO-based private equity firm Excellere Partners. Chapel Hill, N.C.-based Lorelli & Co., Inc. represented Swisher Hygiene.
In April 2013, Intralinks announced the acquisition of MergerID and PE-Nexus, two leading online deal sourcing platforms for the mergers and acquisitions industry. The two platforms will be combined with Intralinks Dealspace to go beyond deal sourcing and offer a full-fledged professional network where members can find one another, connect, communicate and cultivate business relationships. Users gain direct access to the entire spectrum of M&A participants – from bulge brackets to boutique firms – across all key geographies in 80 countries and growing.
“This is one of our favorite success stories to date,” said Tony Hill, Founder of PE-Nexus and Director, Deal Exchange at Intralinks. “The target was a corporate spin-off from a large, NASDAQ-listed company and the sell-side connected to the buy-side through our networking functionality, proving that when a large number of qualified M&A professionals gather together in one secure place with intuitive tools for engagement, deals will get done.”
Intralinks Dealspace offers a unique end-to-end solution for managing the full lifecycle of strategic transactions, from deal preparation, marketing and sourcing through to due diligence and execution. Strict eligibility requirements ensure that network membership to PE-Nexus is limited to qualified M&A professionals from investment banks, M&A advisory firms, private equity groups and Fortune 1000 corporations. By innovating an inefficient process with a technology-enabled solution, Intralinks, through the PE-Nexus platform, is driving a new industry standard for online deal marketing and deal sourcing.
"PE Nexus was instrumental in helping me find Excellere,” said Charlie Lorelli, Founder and President of Lorelli & Co. “Even though I have been a chemical deals specialist for over 25 years, there are always buyers out there that you don’t know about. I learned about Excellere through the platform’s networking capabilities and that is how I learned they were aggressively seeking add-ons in the chemical industry for U.S. Water Services."
“We’ve been members of PE-Nexus since the platform launched in 2010,” said Patrick O’Keefe, Principal at Excellere. “We receive a significant amount of investment opportunities through our traditional origination channels and the additional high quality deal activity we receive through the PE-Nexus networking channel is a great addition to our deal sourcing platform. This particular opportunity was a perfect fit for our buy-and-build growth strategy for U.S. Water Services and it would not have happened without the combination of PE-Nexus and Intralinks technology helping us make the connection.”
About PE-Nexus and MergerID
In 2013, Intralinks announced the acquisitions of MergerID and PE-Nexus, two leading online deal sourcing platforms for the mergers and acquisitions industry. MergerID, based in London and previously 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 now offers a unique end-to-end solution for managing the full lifecycle of strategic transactions, from deal preparation, marketing and sourcing through to due diligence and execution.
About Excellere Partners
Excellere Partners is a Denver-based private equity investment firm, specializing in partnering with middle-market entrepreneurs and management teams through majority recapitalizations and management buyouts. Excellere Partners employs a proven top-down, research driven investment strategy that targets industry niches positioned to benefit from favorable macro-economic and demographic trends and consolidation.
About Lorelli & Co., Inc.
Lorelli & Co. provides advisory and consulting services to those companies, firms, and individuals that are seeking to make acquisitions and divestitures of businesses in the chemical industry.
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 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 from time to time, including its Annual Report on Form 10-K for the year-ended December 31, 2012 and subsequent quarterly reports.
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