Centerbridge Partners is a global investment firm acquiring MeridianLink, whose business is software platforms for financial institutions and consumer reporting agencies. MeridianLink is publicly listed on the NYSE under the ticker MLNK.
The deal is an all-cash acquisition valuing MeridianLink at about US$2 billion enterprise value, with MeridianLink shareholders to receive US$20.00 per share in cash.
Closing is targeted for the second half of 2025 and remains subject to shareholder and regulatory approvals and customary conditions; holders of about 55% of MeridianLink's common shares have already agreed to vote in favor.
MeridianLink is an Irvine, California-headquartered financial-services software company whose cloud-based platforms span digital lending, account opening, background screening and data verification, and its platform serves nearly 2,000 community financial institutions and reporting agencies.
Centerbridge agreed to acquire MeridianLink in a US$2 billion all-cash take-private in which shareholders will receive US$20 per share, a roughly 26% premium to the prior Friday close.
The deal has support locked up from holders of about 55% of MeridianLink's common stock and is expected to close in the second half of 2025, after which MeridianLink will delist and become a private company, subject to regulatory and customary closing conditions.