Centerbridge to take MeridianLink private in $2bn deal
Centerbridge to take MeridianLink private in $2bn deal
Under the terms, MeridianLink shareholders will receive $20 per share, representing a 26% premium to the firm’s last closing price. Shares surged 24.6% in premarket trading following the announcement, though they remain down 23% year-to-date.
Founded in 1998 and headquartered in Irvine, California, MeridianLink supplies digital lending, account opening, and data verification solutions to nearly 2,000 community financial institutions and reporting agencies, including BankFirst and Financial Center First Credit Union.
In Q2 2025, the company’s revenue increased 8% year-on-year to $84.6m, while net loss narrowed to $3m. Approximately 55% of shareholders have already agreed to vote in favour of the deal, which is expected to close in the second half of 2025.
“As the pace of change across the finance and tech sectors continues to accelerate, MeridianLink is uniquely positioned to help financial institutions enhance their digital lending and credit reporting capabilities,” said Centerbridge’s Jared Hendricks and Ben Jaffe.
Centerview Partners and J.P. Morgan are advising MeridianLink on the transaction, with Goldman Sachs advising Centerbridge.
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