RR Donnelley Expands End-to-End Deal Solutions Suite Through Strategic Investment in Peloton
March 09 2016 - 7:46PM
R. R. Donnelley & Sons
Company (Nasdaq:RRD) today announced that it has made
a strategic investment in Peloton Document Solutions LLC
(“Peloton”), a rich media and interactive communications provider
for the financial services industry. Under the terms of the
agreement, the companies have established a strategic relationship
integrating the sales and development of their joint deal marketing
services, enabling clients of RR Donnelley’s Venue Deal Solutions
to interactively and securely communicate their company’s value to
investors, lenders, advisors and strategic acquirers.
RR Donnelley’s Financial Services Group is a leader in creating,
managing, printing and distributing critical financial business
communications. The comprehensive Venue Deal Solutions platform
streamlines and accelerates every step of the deal process,
maximizing deal team efficiency. As the anchor product of the
platform, the Venue® data room enables clients to securely manage,
track and share highly privileged information beyond their
firewalls with bidders, counterparties, investors and other
controlled audiences.
“Servicing more critical business transactions than any other
financial communications services provider, at RR Donnelley we
understand how much more sophisticated and competitive the deal
process has become,” noted Craig Clay, Executive Vice President of
RR Donnelley’s Financial Services Group. “Venue Deal Marketing not
only enables our clients to transform that process, but also allows
them to more efficiently and interactively tell their company
story.”
Leveraging video and other media content, Venue Deal Marketing,
powered by Peloton, replaces hard copy and PDF deal books with
dynamic, interactive documents, revolutionizing how companies
communicate their value and manage their M&A and financing
process. The Venue Deal Marketing cutting edge technology will
enable the Venue Deal Solutions investment bank and private equity
firm clients to market and manage large, highly complex
transactions.
“Over the past decade, technology has dramatically changed the
way deal makers manage and consume content,” stated Steve Wiesner,
Chief Executive Officer of Peloton. “We are thrilled to be working
with RR Donnelley, a leading data room provider that financial
professionals around the world know and trust. This relationship
will allow us to power Venue Deal Marketing and bring more deals to
life.”
About RR DonnelleyRR Donnelley (Nasdaq:RRD)
helps organizations communicate more effectively by working to
create, manage, produce, distribute and process content on behalf
of our customers. The company assists customers in developing and
executing multichannel communication strategies that engage
audiences reduce costs, drive revenues and increase compliance. RR
Donnelley’s innovative technologies enhance digital and print
communications to deliver integrated messages across multiple media
to highly targeted audiences at optimal times for clients in
virtually every private and public sector. Strategically located
operations provide local service and responsiveness while
leveraging the economic, geographic and technological advantages of
a global organization.
For more information, and for RR Donnelley's Global Social
Responsibility Report, visit the company's web site
at http://www.rrdonnelley.com.
Use of Forward-Looking StatementsThis news
release may contain "forward-looking statements" within the meaning
of Section 21E of the Securities Exchange Act of 1934, as amended,
and the U.S. Private Securities Litigation Reform Act of 1995.
Readers are cautioned not to place undue reliance on these
forward-looking statements and any such forward-looking statements
are qualified in their entirety by reference to the following
cautionary statements. All forward-looking statements speak only as
of the date of this news release and are based on current
expectations and involve a number of assumptions, risks and
uncertainties that could cause the actual results to differ
materially from such forward-looking statements. Readers are
strongly encouraged to read the full cautionary statements
contained in RR Donnelley's filings with the SEC. RR Donnelley
disclaims any obligation to update or revise any forward-looking
statements.
Media Contact: Phyllis Burgee, Director Communications: Tel: +1 630-322-6093 E-mail: phyllis.burgee@rrd.com
Investor Contact: Dave Gardella, Senior Vice President Finance: Tel: +1 312-326-8155 E-mail: david.a.gardella@rrd.com
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