NEW YORK, Sept. 7, 2011 (GLOBE NEWSWIRE) -- Navatar Group, a global cloud service provider, today announced that Tequity, a prominent M&A advisory firm focused on high tech companies, has selected Navatar's M&A Cloud to manage their process of finding and managing deals.
"No other system captures the entire M&A process like Navatar does," said Kevin Tribe, Managing Director, Tequity Inc. "It also removes the need for a small firm to hire consultants, IT staff or support people."
Navatar's M&A enables M&A firms and investment bankers to discover potential clients, find the right buyers as well as manage the entire due diligence process, without spending any money on software, hardware or professional services. It allows them to operate from anywhere - their client's, buyer's or lawyer's offices – using laptops or mobile devices. A demo is available at:
http://sites.force.com/appexchange/apex/listingDetail?listingId=a0N300000016cOpEAI
Navatar is also launching Deal Connect, a free cloud service to connect GPs with M&A bankers and other industry contacts for collaborating on deals.
Navatar's M&A runs entirely in salesforce.com's cloud and is available for a low monthly fee. It does not require any additional license purchases from salesforce.com. Navatar provides all implementation services, accounts/contacts migration, training, maintenance and premium support free of charge.
Navatar M&A enables firms to:
- Market to potential clients and find leads
- Track buy side and sell side clients/potential clients
- Define criteria for target acquisitions / potential divestitures
- Track due diligence for each company
- Track external advisors for each deal
- Provide users ability to perform multiple reviews
- Monitor evaluation / deal progress
- Provide detailed/summary reporting to clients on project
- Have non-technical staff generate reports easily
- Stay connected anywhere – BlackBerry, iPhone, PDA
- Fully integrate with MS Outlook
"Our goal is to help M&A firms close more transactions, as opposed to maintaining software, hardware and data," said Ketan Khandkar, Principal, Navatar Group. "Our solution completely removes the need for capital expenditure and IT/Support costs."
Live Demo
For a live demo of Navatar M&A, and to learn about our special promotions, contact 212 461 2140 or sales@navatargroup.com.
About Navatar Group
Navatar Group (http://www.navatargroup.com) is a global provider of cloud computing solutions for Wall Street firms and a top ISV partner and value-added reseller of salesforce.com. Navatar's financial cloud solutions for Capital Markets, Asset Management & Banking are used by leading firms such as Jefferies & Co, Guggenheim Partners and MidOcean Partners. Navatar's fast growing customer base is spread over 20 countries. We pioneered the concept of cloud products where customers don't pay anything for implementation or support services. Navatar's consulting arm advises and helps ISVs migrate to the cloud. We are headquartered on Wall Street, New York with offices in Washington DC and New Delhi, India.
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