MergersClub and Intralinks Holdings’ (IL) DealNexus have launched free application for matching companies for takeovers.
Free applications created by MergersClub and Intralinks Holdings’ (IL) DealNexus are attracting investment bankers and private equity firms looking for deals. They’re especially useful for foraging in remote areas where advisers have few contacts, says Alfredo Arahuetes, dean of Comillas Pontifical University’s business school in Madrid, where MergersClub is based. “It’s like an online dating website,” he says. “It can help bankers find the perfect match.”
M&A advisers list potential sellers and buyers on the sites, and offer descriptions of their clients and what attributes they’re looking for without identifying companies. The deals are typically small to midsize. DealNexus lists transactions of as much as $500 million in value, says Philip Whitchelo, the company’s vice president for strategy and product marketing. Members of the site who want more information must pay for a premium service.
Tags: Private Equity, Private Equity Firm, Private Equity Group, Private Equity Company, Private Equity Fund, Private Equity Investment, Private Equity Investor, Fund of Fund, Private Equity Business, Private Equity Industry, PE, MergersClub, Intralinks Holdings’ (IL) DealNexus, Investment Banker, Alfredo Arahuetes, Comillas Pontifical University, Madrid, Philip Whitchelo.