Transaction · Lending · 2020

MeridianLink / Teledata Communications 2020

MeridianLink acquired Teledata Communications on November 5, 2020.

Target
Teledata Communications
Acquirer
MeridianLink
Announced
November 5, 2020
Sub-sector
Lending

Transaction overview

  • MeridianLink announced the acquisition of Teledata Communications on November 5, 2020.

Strategic rationale

Combines two fintech leaders to accelerate loan origination solution innovation for financial institutions; adds 20+ years of LOS expertise and IP to MeridianLink's product roadmap.

Deal terms & multiples

Deal value
Not disclosed
Target revenue
Not disclosed
Target EBITDA
Not disclosed
EV / Revenue
Not disclosed
EV / EBITDA
Not disclosed
Announcement
November 5, 2020
Acquirer
MeridianLink (Strategic)
Sub-sector
Lending

Sources

  • news.yahoo.com /meridianlink-announces-acquisition-teledata-communications-100900651.html