Equivalence and Exact Groupoids
  Given two locally compact Hausdorff groupoids $G$ and $H$ and a $(G,H)$-equivalence $Z$, one can construct the associated linking groupoid $L$. This is reminiscent of the linking algebra for Morita equivalent $C^*$-algebras. Indeed, Sims and Williams reestablished Renault's equivalence theorem by realizing $C^*(L)$ as the linking algebra for $C^*(G)$ and $C^*(H)$. Since the proof that Morita equivalence preserves exactness for $C^*$-algebras depends on the linking algebra, the linking groupoid should serve the same purpose for groupoid exactness and equivalence. We exhibit such a proof here. 
Scott M. LaLonde
math.OA