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MeridianLink Being Sold for $2B

Shares jump on 24% on Centerbridge's all cash offer

Costa Mesa-based MeridianLink, Inc. (NYSE: MLNK), a provider of software platforms for small financial institutions and consumer reporting agencies, announced that it has entered into a definitive agreement to be acquired by funds advised by affiliates of Centerbridge Partners L.P., a global investment firm.

The all-cash transaction gives MeridianLink an enterprise value of approximately $2 billion. Upon closing of the transaction, MeridianLink will become a private company.

MeridianLink shareholders will receive $20.00 per share in cash for each share of common stock they own, a 26% premium over the closing price of MeridianLink shares as of August 8. Shares jumped 24% to $19.75 and a $1.5 billion market cap.

“This is an exciting next step for MeridianLink,” said Nicolaas Vlok, chief executive officer of MeridianLink. “Our dedicated team has built our market-leading platform and partner ecosystem, and I am confident in the path forward for the company.”

For more information, see the Aug. 18 print edition of the Business Journal.

 

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Peter J. Brennan
Peter J. Brennan
With four decades of experience in journalism, Peter J. Brennan has built a career that spans diverse news topics and global coverage. From reporting on wars, narcotics trafficking, and natural disasters to analyzing business and financial markets, Peter’s work reflects a commitment to impactful storytelling. Peter’s association with the Orange County Business Journal began in 1997, where he worked until 2000 before moving to Bloomberg News. During his 15 years at Bloomberg, his reporting often influenced financial markets, with headlines and articles moving the market caps of major companies by hundreds of millions of dollars. In 2017, Peter returned to the Orange County Business Journal as Financial Editor, bringing his heavy business industry expertise. Over the years, he advanced to Executive Editor and, in 2024, was named Editor-in-Chief. Peter’s work has been featured in prestigious publications such as The New York Times and The Washington Post, and he has appeared on CNN, CBC, BBC, and Bloomberg TV. A Kiplinger Fellowship recipient at The Ohio State University, he leads the Business Journal with a dedication to uncovering stories that matter and shaping the local business community and beyond.
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