PRESS RELEASE
Swiss-based global private equity platform DealMarket to enter collaboration agreement with IntraLinks Zurich, December 16, 2011 - The global private equity platform DealMarket announced today the signing of a collaboration agreement with IntraLinks, a world leading virtual data room provider. This step represents a significant enlargement of the service offering of the online platform which was launched in March of this year and was well received in the industry. In the first nine months of operation, DealMarket has been able to attract over 12’500 revolving users from 145 different countries. “In an effort to further enrich the platform’s content and offering to its users, DealMarket is expanding its mission and strategy to become the one stop shop for private equity practitioners, providing a wide range of information and software services on an open-platform basis”, said Céline Fillistorf, CEO of DealMarket. Against this backdrop, the first milestone of the new strategy has been set now with the signing of the collaboration agreement with IntraLinks, a leading provider of data room services catering to many of the largest and most reputable financial firms. IntraLinks is a listed company based in the USA and has over 1 million customers across 34 different industries. Accessing and managing additional data in secure virtual data room As of 2012, DealMarket users who found a deal on the platform will not only see a teaser information and up to 3 documents, but also be granted access to additional data/information stored in a secure virtual data room by deal providers as a result of the IntraLinks cooperation. Thus, a deal provider will not only find investors on DealMarket but also be able to use their data room for the upcoming due diligence process in a simple and user friendly way. In practice, this means that he can for example store and attach an unlimited amount of deal-related data in this secure, state-of-the-art data room environment. DealMarket is proud to have been selected by IntraLinks, the world’s first virtual deal room to support the M&A due diligence process, to penetrate the online private equity community. This has only been possible thanks to the fast growth and successful acquisition of key reference clients internationally. “Collaborations with global networks of family offices or service providers, like Geneva Group International (GGI) have helped DealMarket to build-up a recognized brand in a short time”, concludes Céline. “DealMarket was launched in March 2011 with the aim of making the complex world of private equity simpler, more efficient, more liquid and cost-effective for all market participants”, said Alex Vukajlovid, founder of DealMarket. Initially, DealMarket’s primary goal was to connect private equity buyers, sellers and advisors on one global online platform that was simple to use and free of conflicts of interest (similar to the real-estate portals). In the meantime, DealMarket also launched the “MyOffice” IT software solution aimed at standardizing the sourcing, storing and sharing of the private equity deal flow. Broad-based demand for private equity services In its first 9 months of operation, DealMarket has attracted global recognition with over 12’500 revolving users originating from 145 different countries. There are some 1’400 postings on the platform, half of which are private equity deals (direct investments, private equity funds, secondary offerings), and half of which are advertisements of various service providers (such as specialized lawyers, consultants, accountants, due diligence experts, and similar). The main market is still Europe, followed by the USA. The team of 8 staff today (up from 2.5 at the beginning of the year) has managed to acquire over 150 reputable companies to use the platform and its deal flow management tool ‘MyOffice’ actively.