DealMaker, DealSquare, and NEO Launch New Partnership Providing Private Placement Solution for capital market participants
Business Wire | September 02, 2020
DealMaker, DealSquare, and NEO today announced the launch of a new partnership to provide a comprehensive private placement solution for issuers, dealers, advisors, and investors - a solution that is both fully digital and global in reach. DealMaker is a cloud-based platform for executing private placements, fund formation, and KYC. DealSquare, powered by NEO technology, is an online private placement marketplace for dealers, investment advisors, and capital raisers. This joint service offering will provide users with access to international distribution and the broadest reach of capital market participants, while simultaneously leveraging the benefits of both the DealMaker and DealSquare platforms: dynamic agreement management and fund collection, on-book management of securities, and integration with dealer systems that allows dealers, advisors, portfolio managers and their investors to execute private placements online, in a seamless manner. Issuers will be able to raise capital through one central marketplace across all types of investors: domestic and international, brokered and non-brokered - something that until now, has never been possible in Canada.