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