Centerbridge has agreed to acquire MeridianLink, a provider of software solutions for financial institutions and consumer reporting agencies, in a $2 billion take-private deal.
Under the agreement, shareholders will receive $20 per share in cash, representing a 26% premium over the closing price on Aug. 8.
The deal comes as private equity firms have slowed their pace of take-private transactions.
According to PitchBook’s Q2 2025 US PE Breakdown, take-private deal activity dropped sharply to $29.8 billion, a 41.1% decline quarter-over-quarter. Firms are becoming more selective with public targets, with elevated stock prices driving them to pursue companies with more attractive entry points.
MeridianLink is going private just four years after its initial public offering, launched by previous backers including Thoma Bravo and Antares Capital. Thoma Bravo held a 37.5% stake in the company as of May 5.
Headquartered in Costa Mesa, California, MeridianLink offers financial institutions a configurable digital lending platform that includes mortgage loan origination, credit reporting, and deposit account opening solutions.
Featured image by Jittawit.21/Getty Images
Learn about our editorial standards.
