MeridianLink, Inc.
meridianlink.comNo Longer Reporting
The company has not filed an annual or quarterly report since its Q2 FY2025 10-Q, filed Aug 11, 2025. Its latest SEC filing is a SCHEDULE 13G/A from Feb 13, 2026.
10-Q for Q2 FY2025, filed Aug 11, 2025
The sections below describe the company as of the FY2024 annual report.
What Did They Do?
Sells digital lending, account-opening, and data-verification software to financial institutions and consumer reporting agencies.
10-K for FY2024, filed Mar 13, 2025We are an industry-trusted vertical software-as-a service, or SaaS, company, having earned our market-leading position by serving financial…View ↗
Our lending software solutions provide a fully digital workflow for our customers, from initial account opening applications to final…View ↗
Our data verification software solutions help our customers make smarter business decisions by retrieving verification data for credit…View ↗
How Did They Make Money?
Financial institutions pay subscription fees under multi-year agreements for hosted software and support; monthly bills can include base fees and transaction charges for searches or loan applications, with additional fees when volumes exceed contractual minimums. Customers also pay for implementation and consulting services.
10-K for FY2024, filed Mar 13, 2025The Company delivers its solutions using a SaaS model under which its customers pay subscription fees for the use of the Company’s…View ↗
Revenue-generating activities are directly related to the sale, implementation, and support of the Company’s solutions. The Company derives…View ↗
The Company’s software solutions are generally available for use as hosted application arrangements under subscription fee agreements. The…View ↗
Professional Services RevenuesView ↗
$316.3M
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10-K for FY2024, filed Mar 14, 2025
$316.3M ↗
Who Were Their Customers?
Banks, credit unions, mortgage lenders, specialty lenders, and consumer reporting agencies use the software. MeridianLink sells through its direct sales team and channel partners.
10-K for FY2024, filed Mar 13, 2025We have had the privilege of helping our middle-market customers to execute a digital lending and account opening strategy proven to…View ↗
Our sales team primarily consists of our new logo sales teams, which focus on selling into accounts that currently do not have a…View ↗
We also have a sales team supporting our channel partners to work to ensure that our partners can capitalize on prospects that are…View ↗
Did Revenues Turn Into Profits?
Not on paper. It lost $29.8M in FY2024, but brought in more cash than it spent: $77.4M of free cash flow.
10-K for FY2024, filed Mar 14, 2025
$4.6MView ↗
10-K for FY2024, filed Mar 14, 2025
−$29.8MView ↗
10-K for FY2024, filed Mar 14, 2025
$77.4MView ↗
How Were They Changing?
- Net income
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Sources
10-Q for Q2 FY2025, filed Aug 12, 2025
−$3MView ↗
- ▼ −69% (Loss)
- vs −$9.7M in Q2 FY2024
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Oct 24, 2025
Centerbridge completed its acquisition of MeridianLink; the company went private and delisted.
Shareholders received $20.00 in cash per share; Silversmith Capital Partners made a minority investment.
Sources
8-K, filed Oct 24, 2025
With the completion of the transaction, MeridianLink shareholders will receive $20.00 in cash for each share of common stock they own. In…View ↗
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Aug 11, 2025
MeridianLink suspended its 2025 financial guidance after announcing the transaction.
The company said it suspended full-year guidance while the acquisition was pending.
Sources
8-K, filed Aug 11, 2025
In light of the announced transaction, MeridianLink has cancelled its earnings conference call previously scheduled for August 11, 2025. In…View ↗
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Aug 11, 2025
MeridianLink agreed to be acquired by Centerbridge for cash.
The agreement provided for $20.00 per share; the company said it would become private after closing.
Sources
8-K, filed Aug 11, 2025
MeridianLink Shareholders to Receive $20.00 Per Share in CashView ↗
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May 12, 2025
Nicolaas Vlok announced he would resign as CEO, with Laurence Katz appointed as successor.
Vlok’s resignation and Katz’s appointment were to take effect October 1, 2025.
Sources
8-K, filed May 12, 2025
On May 9, 2025, Nicolaas Vlok notified the Company of his decision to resign from his role as the Company’s Chief Executive Officer…View ↗
Grew. Revenue grew 59% in 4 years, from $199.3M in FY2020 to $316.3M in FY2024, about 12% a year.
Who Did They Compete With?
Competes with Fiserv, Fidelity National Information Services, Jack Henry & Associates, Temenos, nCino, Q2, Calyx, Intercontinental Exchange, Mortgage Cadence, Optimal Blue, CoreLogic, CBC Innovis, HireRight, Checkr, Accio, and Deverus
10-K for FY2024, filed Mar 13, 2025Our competitors generally do not compete across the full spectrum of our loan origination capabilities. Within non-mortgage consumer loan…View ↗
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