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First Advantage Posts Solid Q2 2024 Results; Anticipates Sterling Acquisition Closure by Q4
First Advantage Corporation reported second quarter 2024 results, showing revenue of $184.5 million and a net income of $1.9 million, which includes $9.2 million in expenses related to the acquisition of Sterling Check Corp. Adjusted net income was $30.8 million, and adjusted EBITDA stood at $55.8 m
Aug 8, 2024
background screening
HireRight Acquired for $1.7 Billion by General Atlantic and Stone Point Capital
HireRight Holdings Corporation has finalized its acquisition by General Atlantic and Stone Point Capital in an all-cash transaction valued at $1.7 billion. The merger, approved by HireRight stockholders on June 21, 2024, converts all outstanding shares into a cash payout of $14.35 per share. As a re
Jun 28, 2024
background screening
First Advantage Reports First Quarter 2024 Results
First Advantage Corporation reported its Q1 2024 financial results, showing revenues of $169.4 million and a net loss of $2.9 million due to acquisition-related costs. The company announced an adjusted net income of $24.8 million and adjusted EBITDA of $46.6 million. The acquisition of Sterling Chec
May 9, 2024
background screening
Veremark secures $3 million to expand global background screening capabilities
Veremark, a global leader in background screening, has secured $3 million in a Pre-Series B funding round to enhance technology and expand client acquisition. The company addresses a critical need for compliant hiring practices in a $8bn market. Veremark has extended its APAC presence and innovated
Apr 11, 2024
background screening
Argyle Secures $30M in Funding to Bolster Growth of the Payroll Connectivity Platform of the Future
Argyle, a leading provider of direct-source income and employment data, has closed a $30 million funding round, spearheaded by Rockefeller Asset Management’s Fintech Innovation Fund, with continued support from Bain Capital Ventures, SignalFire, and Checkr. This capital, a mix of equity and debt
Mar 5, 2024
background screening
First Advantage Reports Full Year and Fourth Quarter 2023 Results
First Advantage Corporation reported its financial outcomes for 2023, highlighting a revenue of $763.8 million and a net income of $37.3 million. The adjusted EBITDA was $237.6 million. Despite a revenue decline from the previous year, the company presented positive figures in net income and cash fl
Feb 29, 2024
background screening
Sterling to Offer Market Leading Clinical Solutions Through Acquisition of Vault Workforce Screening
Sterling Check Corp (NASDAQ: STER), a distinguished leader in background screening and identity services, has strategically acquired Vault Workforce Screening, a prominent U.S. clinic management platform. This acquisition not only expands Sterling's network with 17,000 clinics but also bolsters its
Jan 3, 2024
background screening
Sterling Expands Through Acquisition of A-Check Global
NEW YORK — Sterling Check Corp. (NASDAQ: STER), a leading global provider of background screening and identity services, today announced that it has acquired A-Check Global in a highly complementary deal that will expand Sterling’s presence in key US verticals, including Healthcare, Indust
Mar 2, 2023
background screening
US-based Background Screening Company Wolfe Inc. Debuts New HRIS Software for the Benefit of Small and Mid-sized Businesses
CONCORD, N.C., Feb. 14, 2023 -- Wolfe Inc., headquartered out of Concord, NC with offices across North Carolina, announced today that their multidisciplinary software, WolfeOne, has expanded to now include HRIS functionality for HR departments. Wolfe was recently awarded its PBSA accreditat
Feb 15, 2023
background screening
Pre-employment Screening Platform Veremark Lands $8.5 Million
Pre-employment screening service will use the funds to expand its presence in key markets around the world and continue to develop its people compliance and verified digital credentials platform London, 20 July 2022 – Veremark, the global pre-employment screening and verified career creden
Jul 20, 2022
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