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Centerbridge Partners to Acquire MeridianLink in $2B All-Cash Deal

Centerbridge Partners to Acquire MeridianLink in $2B All-Cash Deal 

MeridianLink, Inc., a software platform provider for financial institutions and consumer reporting agencies, has agreed to be acquired by funds advised by affiliates of Centerbridge Partners, L.P. in an all-cash transaction valuing the company at approximately $2 billion. Upon completion, MeridianLink will become a privately held company. 

Under the agreement, shareholders will receive $20 per share in cash, representing a 26% premium to MeridianLink’s closing stock price on August 8. Irvine, CA-based MeridianLink serves nearly 2,000 community financial institutions and reporting agencies through its digital lending and credit reporting technology. 

“Today’s announcement is a strong endorsement of our leading digital lending platform,” said Larry Katz, President and CEO-designate of MeridianLink.  

Jared Hendricks, senior managing director, Centerbridge, and Ben Jaffe, managing director, Centerbridge highlighted the firm’s commitment to expanding MeridianLink’s capabilities, citing its role in helping institutions enhance client relationships and modernize their lending and reporting operations. 

The MeridianLink Board of Directors unanimously approved the deal, which is expected to close in the second half of 2025, subject to customary closing conditions and regulatory approvals. 

Advisers on the deal include Centerview Partners LLC as lead financial advisor to MeridianLink, Goodwin Procter LLP as legal counsel, and J.P. Morgan Securities LLC as additional financial advisor. Goldman Sachs & Co. LLC is serving as financial advisor to Centerbridge, with Kirkland & Ellis LLP as legal counsel. Strategic communications are being handled by Joele Frank, Wilkinson Brimmer Katcher for MeridianLink and Kekst CNC for Centerbridge. 

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About Joe Palmisano

Joe Palmisano is editorial director of Connect Money, where he oversees daily coverage of alternative assets, direct investments, financial advisory and the economy. He brings three decades of experience as a financial journalist, analyst and portfolio manager. Before joining Connect Money, Palmisano wrote for The Wall Street Journal, covering foreign exchange, global fixed-income and equity markets. He later served as a senior research analyst and portfolio manager, producing market analysis and managing foreign exchange and U.S. equity portfolios for FX Concepts. His work has also appeared in SFO Magazine and CMT Association publications. Palmisano earned a bachelor’s degree in finance from The American University and holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.