MeridianLink completed the acquisition of OpenClose for $65m.

MeridianLink, a provider of cloud-based software solutions for financial institutions, completed the acquisition of OpenClose, a fintech provider of residential mortgage software solutions, for $65m. “We are thrilled to welcome the OpenClose team to MeridianLink. Combining the strengths of our organizations is great for the industry as we further enable our customers to deliver fast, frictionless mortgage lending experiences, from application through closing. This acquisition ensures that all customers can be confident that they have a comprehensive, premier mortgage solution in whichever offering they choose and that we will continue to invest in both offerings as we evolve the products to incorporate the best capabilities of each,” Nicolaas Vlok, MeridianLink CEO.