updated 11/17/2010 8:46:32 AM ET 2010-11-17T13:46:32

NEW YORK, Nov. 17, 2010 (GLOBE NEWSWIRE) -- Navatar Group, a global cloud service provider, today announced that Wyatt Matas & Associates, a lower-middle market investment banking firm, has selected Navatar's M&A Cloud to manage their due diligence process and monitor deal progress.

Navatar's M&A provides functionality and workflows that investment bankers and M&A professionals need out of the box. Navatar's M&A runs entirely in salesforce.com's cloud and is available for a low monthly fee. Its flexible reporting engine can be easily used by non-technical staff to generate reports. A demo is available at:

http://sites.force.com/appexchange/apex/listingDetail?listingId=a0N300000016cOpEAI

Navatar Group also provides all implementation services, accounts/contacts migration, training, maintenance and email support free of charge.

Navatar M&A enables firms to:

  • Track buy side and sell side clients and potential clients
  • Define criteria for target acquisitions / potential divestitures
  • Track due diligence for each company being evaluated
  • Track external advisors involved in each deal
  • Provide users ability to perform multiple reviews
  • Monitor evaluation / deal progress
  • Stay connected anywhere – BlackBerry, iPhone, PDA
  • Fully integrate with MS Outlook and MS Exchange

"Cloud Computing has arrived for M&A. Investment banks and M&A firms can now start using a pre-built solution for their CRM and operations for one small monthly fee —no capital expenditure, no implementation costs, free upgrades and zero maintenance costs," said Ketan Khandkar, Principal, Navatar Group.

Navatar M&A runs on most editions of salesforce.com's service. There is no other software, hardware, subscription or service needed. All code as well as client data is encrypted and stored on salesforce.com servers.

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 longtime partner and value-added reseller of salesforce.com and a global cloud service provider. One of the first to bring Wall Street experience to Cloud Computing, Navatar Group is a leading provider of Force.com solutions for the financial sector. Navatar's financial cloud solutions for Capital Markets, Asset Management and Banking are used by firms such as Jefferies & Co, Transparent Value (a Guggenheim Partners company) and MidOcean Partners. Founded by veterans of Deloitte Consulting, Navatar Group has also enabled several large companies develop, market and support commercial cloud products. Navatar Group is headquartered on Wall Street, New York with offices in Washington DC and New Delhi, India.

The Navatar Group logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=6585

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