Antares served as administrative agent and lead arranger on $350 million in senior secured credit facilities to support Thoma Bravo’s acquisition of MeridianLink and the Action, Synergy, and Achieve divisions of CRIF Lending Solutions.
The combined organization will be named MeridianLink and serve approximately 1,200 customers and over 300,000 end users. The transaction is expected to enable the combined organization to extend technology investments into privacy protections and best-in-class data analytics for financial institutions.
“Both MeridianLink and CRIF have been leaders in their respective markets for years, so we are excited to see the opportunities that the combined company will deliver to the market,” said Matthew Fleming, managing director with Antares. “We were pleased to support Thoma Bravo on this acquisition and we look forward to working with them on future opportunities.”
Thoma Bravo is a private equity firm focused on the software and technology-enabled services sectors.
Based in Costa Mesa, CA, MeridianLink provides enterprise business solutions for financial service organizations, including web-based credit reporting, lending and new account opening/deposit technologies.
CRIF Lending Solutions, a subsidiary of CRIF International, provides technology, services and consulting to clients in the financial services industry.
