Press Release | Intralinks Dealspace®

Intralinks Transforms M&A Deal Management Process with Intralinks Dealmanager

Date: 03/24/2015

Recent survey reveals 80 percent of dealmakers have concerns about the way they currently manage their deal pipeline

New York, NY, March 24, 2014 — Intralinks® Holdings, Inc. (NYSE: IL), a leading provider of secure enterprise content collaboration solutions, today unveiled Intralinks Dealmanager™, an innovative solution for the corporate development community that revolutionizes the deal process. Intralinks Dealmanager will improve corporate development teams’ capacity and ability to evaluate deals properly by giving them a centralized place to manage deal processes, assign tasks, and report on deal progress.  

For decades, corporate development professionals have had to rely on manual procedures and traditional, disparate tools such as spreadsheets, Microsoft® Word documents, email, and multiple shared drives to manage portfolios of complex transactions. Not only has the process been cumbersome, it has also introduced a high degree of data security risk.

“Corporate development practices have been long overdue for an overhaul,” said Ben Collins, director of strategy and product marketing at Intralinks. “Intralinks Dealmanager gives professionals structure and improved control over the M&A process, providing greater productivity and enhanced transparency, while significantly reducing risk by creating a secure, centralized place to access their pipeline and all deal information for any deal, anywhere, at any time.”

Intralinks Dealmanager was expressly developed to answer the M&A market’s call for a secure system of record that corporate development professionals can rely on every day to manage early stage opportunities, the due diligence process, and other pre-and post-merger activities. These challenges are underscored by the findings of a recent Intralinks survey of corporate dealmakers which provides first-hand insight into current dealmaking practices. Findings from the research include:

  • Corporate development professionals are struggling to manage multiple deals

Seventy percent of the dealmakers polled have seen up to 50 transactions in the past 12 months. Eighty percent of survey respondents say the effectiveness of deal management can be improved.

  • Deal data is often insecure and vulnerable to loss

Seventy-six percent of dealmakers admit that they have concerns about the way deal information is stored and shared within their organization. Remarkably, despite the fact that more than 40 percent of respondents share regulated information about M&A deals outside of their organization, 61 percent see accidental data leaks by internal parties as their organization’s greatest security risk.

  • There’s no structured process or tool in place to support day-to-day activities

Twenty-five percent of respondents stated that the biggest challenge in the deal process is the lack of a consistent or consolidated view of key deal information. In addition, keeping senior executives updated and communicating and tracking deal team actions were each cited by about 20 percent of dealmakers as their biggest obstacle.

  • Deals are being lost due to weak security and poor management processes

Nine percent of respondents confess that deals have actually fallen through because data has been lost, stolen or leaked at their organization. Even missing a single deal can equate to millions of dollars in lost opportunity.

Intralinks Dealmanager equips corporate development professionals with the capabilities essential for end-to-end deal management. Benefits include:

  • Structured and improved control over the M&A process, particularly for buy-side transactions
  • Enhanced transparency and insight into the deal pipeline
  • Greater productivity and visibility with a single, central repository for all deal data
  • Ability to quickly generate reports on deal progress and activity
  • Secure collaboration and file sharing capabilities, supporting deal team members both inside and outside the organization
  • Reduced risk and improved compliance by maintaining a standing archive of high risk content such as electronic communications, data integrity, and collaboration activities  
  • Acceleration of deal processes by providing easy and secure access to key documents

​Intralinks provides unique solutions that manage the complete lifecycle of strategic transactions, from initial deal sourcing through due diligence, closing and post-deal integration. Intralinks Dealnexus® is used by over 6,000 corporations, investment banks, M&A advisory firms, and private equity firms as a secure way for dealmakers to intelligently find and confidentially engage with potential buyers and capital partners. Intralinks Dealspace® offers virtual data rooms with robust functionality, allowing dealmakers to focus on high-value activities. By leveraging these capabilities to manage sourcing, the due diligence process, as well as closing and post-merger integration, bankers can speed deal execution, manage visibility, and dramatically enhance the productivity of their deal time.

Limited Time Promotional Offers

Corporate Development professionals interested in Intralinks Dealmanager should contact us at dealmanager@intralinks.com.  We have some exciting promotional offers that make it easier than ever to change the way you work.

For more information on Intralinks Dealmanager, visit: https://www.intralinks.com/platform-solutions/solutions/dealspace/deal-management 

About Intralinks

Intralinks Holdings, Inc. (NYSE: IL) is a leading, global technology provider of secure enterprise content collaboration solutions. Through innovative Software-as-a-Service solutions, Intralinks software is designed to enable the exchange, control and management of information between organizations securely and compliantly when working through the firewall. More than 3.1 million professionals at 99% of the Fortune 1000 companies have depended on Intralinks' experience. With a track record of enabling high-stakes transactions and business collaborations valued at more than $28.1 trillion, Intralinks is a trusted provider of easy-to-use, enterprise strength, cloud-based collaboration solutions. For more information, visit www.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 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 or commitments 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, 2013 and subsequent quarterly reports. 

Trademarks and Copyright

“Intralinks”, “Intralinks Dealnexus”, “Intralinks Dealspace”, and the Intralinks’ stylized logo are the registered trademarks of Intralinks, Inc. “Intralinks Dealmanager” is a trademark of Intralinks, Inc. This press release may also refer to trade names and trademarks of other organizations without reference to their status as registered trademarks.  © 2015 Intralinks, Inc.

Media Contact

Ian Bruce
Intralinks Holdings, Inc.
508-574-2016
ibruce@intralinks.com

 

Investor Contact

David Roy
Intralinks Holdings, Inc.
212-342-7690
droy@intralinks.com