Intralinks

Overview

Intralinks effectively invented the virtual data room. The company launched the first VDR back in 2002, and after being acquired by SS&C Technologies in 2018 it now trades as SS&C Intralinks, with VDRPro as its flagship platform. That heritage matters: Intralinks has supported an enormous volume of M&A activity globally and has processed trillions of dollars in transactions, so the tooling has been hardened on some of the largest and most complex deals in the market. We spent time in the platform in June 2026, building a room, loading a representative diligence set, configuring permission groups and testing the information-control features the way a live sell-side process would.

Features

VDRPro covers the full deal workflow. Permissions are granular down to the individual file, with view, print and download controls plus dynamic watermarking that stamps each document with the viewer’s email, IP address and time, useful for tracing the source of any leak. A standout is remote access revocation: even after a counterparty downloads a file, you can pull back access to that document later, which is a genuinely strong information-control feature for sensitive processes. The Q&A module keeps a structured, exportable record of bidder questions, and the newer AI layer (DealCentre and DealVision) helps organise documents and accelerate buy-side due diligence rather than just adding a marketing badge.

Benefits

The core benefit is confidence at scale. For a large or cross-border transaction with many bidders, heavy document volumes and demanding counsel, Intralinks brings the reliability and audit depth you want. The reporting and analytics show which parties are engaging with the material, and the platform’s maturity means edge cases, huge files, complex group structures, staged access, are well handled. For a New Zealand corporate or adviser running an IPO, a restructuring or a multi-party cross-Tasman deal, that robustness is the main reason to shortlist it.

The New Zealand angle

This is where prospective NZ buyers should be clear-eyed. Intralinks is a global platform with its centre of gravity in the US and Europe, so there is no dedicated New Zealand support desk and no self-serve free trial to test-drive before committing. Support runs on a follow-the-sun enterprise model rather than local Auckland or Wellington hours. On security, the certification portfolio is deep, ISO 27001 and SOC 2 Type II among others, which lines up well with what NZ legal advisers ask about under the Privacy Act 2020. But the sales-led onboarding and enterprise contracting add friction that a lean NZ SME deal may not want. If your transaction is genuinely large and complex, that trade-off is worth it; if it is a standard mid-market process, it may be more machinery than you need.

Pricing

Intralinks does not publish rates. Pricing is fully quote-based and scales with data volume, user count, deal length and the modules you enable, so you will book a sales call to get a number. As an indicative guide for New Zealand buyers, expect entry engagements to start around NZD $1,400/month and rise steeply for large or multi-deal arrangements, enterprise contracts can run into six figures annually. There is no self-serve trial; evaluation is via a custom demo. Always confirm current pricing directly with Intralinks, and if cost transparency matters to you, compare against flatter-rate options on our reviews page.

Verdict

Intralinks is a serious, proven platform and a fair pick for enterprise-grade M&A, IPOs and restructurings where scale, information control and audit depth are non-negotiable. Its limitations are honest ones: no local NZ support, no free trial and quote-based enterprise pricing that suits big deals more than small ones. For a standard mid-market NZ process a lighter, self-serve option such as Ellty is worth comparing, but if your deal is large and complex, Intralinks earns its place on the shortlist. See how the field compares on our home page and in our M&A data room solutions guide.

FAQ

Is Intralinks a good fit for a small New Zealand business sale?

Usually it is more than a small SME deal needs. Intralinks shines on large, complex transactions; for a straightforward NZ business sale, a lighter, more transparent option is often a better match.

Does Intralinks have a free trial?

No self-serve free trial. Evaluation is through a custom demo arranged with their sales team, so you cannot simply sign up and test a room the way you can with some rivals.

Is Intralinks secure enough for regulated NZ transactions?

Its certification portfolio is strong, including ISO 27001 and SOC 2 Type II, with dynamic watermarking and remote access revocation. That aligns well with the questions NZ legal advisers raise, though you should confirm current certifications directly.

How much does Intralinks cost in New Zealand?

Pricing is quote-based and not published. Indicatively, engagements start around NZD $1,400/month and scale up substantially for large or multi-deal use. Confirm figures directly with Intralinks.

What is the difference between VDRPro and DealVision?

VDRPro is the core virtual data room platform. DealVision is an AI-powered tool aimed at buy-side due diligence, organising documents, streamlining Q&A and supporting decision-making on top of the data room.