M&A · Tech · Services-Prepackaged Software
Centerbridge Partners to acquire MeridianLink, Inc.
Announced Aug 11, 2025 · Closed Oct 24, 2025
Deal value$2.00BEV $2.00B
Premium26.0%To unaffected price
EV / Adj. EBITDA15.4x6.1x EV / Revenue
ConsiderationAll cash$20.00 per share
Transaction
- Acquirer
- Centerbridge Partners
- Target
- MeridianLink, Inc. (MLNK)
- Buyer type
- Private equity
- Offer price per share
- $20.00
- Enterprise value
- $2.00B
- Status
- Closed Oct 24, 2025
Deal protections
- Break fee (target pays)
- $47.7M · 2.4%
- Reverse fee (buyer pays)
- $98.6M · 4.9%
- Go-shop
- No-shop
- Financing
- No financing condition
Advisors
- To the acquirer
- Goldman Sachs
- To the target
- Centerview, JPMorgan
- Centerview fee
- $29.4M
Sector context · Tech
- Comparable deals
- 59 in the prior 24 months
- Premium
- 26.0% vs. 37.0% sector median
- EV / Adj. EBITDA
- 15.4x vs. 16.7x sector median
- Break fee
- 2.4% vs. 3.0% sector median
Timeline
- AnnouncedAug 11, 2025
- Proxy filedSep 10, 2025
- Definitive proxySep 22, 2025
- Shareholder voteOct 21, 2025
- ClosedOct 24, 2025
Valuation · fairness opinions
Precedent transactions$16.50$21.25
Trading comparables$13.00$21.75
Discounted cash flow$13.25$22.50
Analyst price targets$16.00$24.00
Premiums paid$18.25$23.50
Offer $20.00
Implied value per MeridianLink, Inc. share by analysis, from Centerview · DCF discount rate 11%–13%.