– MeridianLink, Inc. has entered into a definitive agreement to be acquired by funds advised by affiliates of Centerbridge Partners, L.P. in an all-cash transaction valued at approximately $2.0 billion enterprise value.
– Upon transaction closing, MeridianLink will become a private company.
Shareholders will receive $20.00 per share in cash, representing a 26% premium over the August 8, 2025 closing price (last full trading day before announcement).
– Larry Katz, President and CEO-designate, stated the deal affirms the strength of MeridianLink’s digital lending platform serving nearly 2,000 community financial institutions and reporting agencies.
– CEO Nicolaas V. expressed confidence in the company’s future under Larry Katz’s leadership and Centerbridge’s partnership.
– Board Chair Ed McDermott noted the Board’s thorough evaluation of alternatives and concluded that Centerbridge’s offer delivers certain, immediate value at an attractive premium while enhancing competitiveness.
– Centerbridge executives Jared Hendricks and Benjamin Jaffe emphasized MeridianLink’s potential to advance digital lending, credit reporting, and AI capabilities for financial institutions.
– Centerbridge cited a track record of partnering with finance-technology companies and expressed intent to expand MeridianLink’s platform capabilities and customer base.
