Announced
Synopsis
Centerbridge Partners, a global investment firm, agreed to acquire MeridianLink, a provider of modern software platforms for financial institutions and consumer reporting agencies, for $2bn. “As the pace of change across the finance and tech sectors continues to accelerate, MeridianLink is uniquely positioned to help financial institutions enhance their digital lending and credit reporting capabilities to expand and deepen client relationships, unlock the potential of data and AI, and drive their growth. At Centerbridge, we have a proven track record of partnering with exceptional companies at the intersection of finance and technology to create value for customers and opportunities for employees. We believe in the importance of fostering a vibrant, modern banking system using market-leading technology. To that end, we are thrilled to work with Larry Katz and the Company’s talented team to enhance MeridianLink’s platform capabilities and grow their wallet share with new and existing customers,” Jared Hendricks, Centerbridge Senior Managing Director, and Ben Jaffe, Centerbridge Managing Director.
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