The 15-minute chart for MeridianLink exhibited Bollinger Bands Narrowing and a Bearish Marubozu pattern on August 19, 2022, at 1:45 PM. This suggests that the magnitude of stock price fluctuations is diminishing, indicating that sellers have gained control of the market. Consequently, there is a high likelihood that bearish momentum will persist.
Private credit firms have provided nearly $1.4 billion in loans to support Centerbridge Partners' acquisition of financial software platform MeridianLink Inc., according to sources familiar with the matter. This transaction underscores the resurgence of mergers and acquisitions (M&A) activity in the private equity sector after a period of subdued deal flow [1].
Goldman Sachs Asset Management, Blackstone Inc., Ares Management Corp., Blue Owl Capital Inc., and Antares Capital are among the lenders participating in this financing. The loan, which will be split equally among the lenders, includes a $960 million term loan, a $250 million delayed-draw term loan, and a $150 million revolving credit facility. The loan is offered at 4.75 percentage points over the benchmark and is set to mature in seven years [1].
MeridianLink, which provides software solutions for financial institutions and consumer reporting agencies, has agreed to be acquired by Centerbridge for approximately $2 billion in an all-cash transaction. The acquisition is expected to close in the second half of 2025, subject to shareholder and regulatory approvals [2]. MeridianLink shareholders will receive $20 per share, representing a 26% premium over the closing price on August 8, 2025 [2].
The acquisition comes as MeridianLink reported its Q2 2025 earnings, with revenue reaching $84.6 million, an 8% year-over-year (YoY) increase. The company's non-GAAP earnings per share (EPS) increased by 225% YoY, while adjusted EBITDA and free cash flow from operations also saw significant growth [3]. The acquisition is expected to accelerate strategic initiatives and enhance customer experiences, aligning with MeridianLink's commitment to operational scalability and profitability.
The flow of M&A activity has picked up in recent weeks, with private credit firms securing a number of private equity-backed financings. This trend is likely to continue as competition between banks and private credit firms intensifies, seeking new acquisitions to finance [1]. The acquisition of MeridianLink by Centerbridge Partners is a significant transaction that highlights the growing role of private credit in the M&A landscape.
References:
[1] https://www.bloomberg.com/news/articles/2025-08-14/centerbridge-taps-1-4-billion-of-private-debt-for-meridianlink
[2] https://in.investing.com/news/company-news/centerbridge-to-acquire-meridianlink-in-2-billion-allcash-deal-93CH-4956048
[3] https://www.ainvest.com/news/meridianlink-q2-2025-earnings-acquisition-centerbridge-partners-2508/
Comments
No comments yet