Overview
- MeridianLink has agreed to a $2.0 billion all-cash transaction that pays shareholders $20 per share, marking a roughly 26% premium to the stock’s last close.
- The company’s board unanimously approved the deal and investors holding about 55% of shares have committed support, with a closing expected in the second half of 2025 pending shareholder and regulatory approvals.
- Shares of MeridianLink jumped approximately 24% in afternoon trading following the acquisition announcement.
- In the second quarter of 2025, MeridianLink reported revenue of $84.6 million, up 8% year-over-year, and delivered adjusted EBITDA of $38.4 million, representing a 45% margin.
- Centerbridge plans to leverage MeridianLink’s platform to accelerate product innovation and support data- and AI-driven digital lending and credit-reporting solutions for nearly 2,000 financial institutions.