News Column

IntraLinks Acquires Miami Company PE-Nexus

April 5, 2013

PE-Nexus, a Miami-based company that provides an online deal-sourcing platform for the mergers and acquisitions industry, has been at the center of a major deal of its own: The publicly traded IntraLinks Holdings has purchased PE-Nexus.

IntraLinks, based in New York, is the global leader in secure content management, and its software services are used by 2 million business professionals at more than 800 Fortune 1000 companies. As part of the same transaction, announced by the companies on Thursday, IntraLinks also purchased a second deal-sourcing platform, London-based MergerID. Terms of the deal were not disclosed.

Anthony Hill, founder and CEO of PE-Nexus, will be director in charge of the combined platform, and his three co-founders -- Matthew Wells, Kevin Doyle and Igor Royzis -- will also be continuing with IntraLinks. The PE-Nexus and MergerID platforms will now be integrated, and the Miami office will spearhead the combined global product. "We will have the largest deal-sourcing network and the most global," said Hill. "We couldn't be more thrilled."

Matthew Porzio, vice president of product marketing and strategy at IntraLinks, said the resulting combination is "one of the great stories in the M&A world." IntraLinks' clients were asking for a deal-sourcing platform and the company was going to build one, but PE-Nexus already offered strong leadership, great technology and critical mass, he said. MergerID brings it global, with offices in London and Hong Kong. Together, PE-Nexus and MergerID are actively serving 5,000 firms and there are 4,000 deals on their systems now, Porzio said.

PE-Nexus, launched in 2010 by investment banking professionals, is an online network that matches private investors with potential deals. Hill said more than 2,000 investment banks, private equity firms and family offices have been using PE-Nexus' platform.

"PE-Nexus and MergerID represent a natural evolution in how deals get done within the context of today's lightning-fast, global M&A environment.," Hill added. "Our networks' intelligent matching algorithms automate the process of finding the right investors and/or buyers for private companies and vice versa, leading to better and faster outcomes for everyone involved."


(c)2013 The Miami Herald

Distributed by MCT Information Services

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Source: Copyright Miami Herald (FL) 2013

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