NetRoadshow (www.netroadshow.com) announced today that it has acquired DealSite Inc. (www.dealsite.com), a technology company focused on the Capital Markets and M&A space, offering the first and leading digital working group list application. The acquisition aligns with NetRoadshow's 23-year focus on providing secure and compliant productivity tools to the global investment banking community.
Prior to the advent of the DealSite application, bankers were left with either Microsoft Word or Excel to create and attempt to manage the ever-changing cast of managers, advisors, underwriters, and other professionals working on a given transaction. This approach never provided the up-to-date list required by the investment banking community in today's fast-paced environment, offered nothing in the way of mobility or email connectivity, and exposed advisors and underwriters to a host of disclosure and information security risks.
"DealSite was developed to provide a streamlined, digital, mobile and far more secure upgrade to the deal execution process, via a SaaS solution that makes life easier for capital markets and M&A bankers and their clients," said Brad Hammond, NetRoadshow's founder and CEO.
DealSite's rapidly emerging growth and adoption among the most sophisticated and demanding bulge bracket investment banks speaks largely for itself, but some of the application's benefits worth highlighting include:
"NetRoadshow has been at the forefront of digitizing critical investment banking workflows for over two decades, and we couldn't be happier about having joined forces with Brad and his terrific team," said Brian Bissonette, DealSite's founder and CEO. "The cultural fit is perfect, given both organizations' focus on client service, and we are very excited about the additional value that the combination of our products will deliver to the global investment banking industry."
About NetRoadshow
Founded in 1997, NetRoadshow (www.netroadshow.com) received the ?No-Action Letter' from the U.S. Securities & Exchange Commission (SEC) allowing for electronic roadshows via the internet. Today our online roadshow offering, operator-assisted conference call service, "live" video conferencing services, data room products, secure document distribution systems, and now DealSite, along with our focused 24x7 worldwide customer service team provide our clients with efficient, effective, compliant and secure productivity tools and applications. NetRoadshow has offices in New York, London, Southampton (UK), Hong Kong, Dubai, Atlanta, Birmingham (US), San Francisco, and Los Angeles.
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