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Venture Capital

First Advantage Completes Acquisition of Sterling Check for $2.2 Billion

First Advantage Corporation (NASDAQ: FA) has successfully completed its acquisition of Sterling Check Corp. for $2.2 billion, including assumed debt. This strategic move enhances First Advantage's global presence and product offerings in ba

Oct 31, 2024
Company News

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 in

Aug 8, 2024
Earnings

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 adjust

May 9, 2024
Venture Capital

First Advantage to Acquire Background Check Company Sterling for $2.2 Billion in Cash and Stock

First Advantage Corporation has announced a definitive agreement to acquire Sterling Check Corp. for approximately $2.2 billion, inclusive of debt. The merger unites complementary technology and services in employment background screening a

Feb 29, 2024
Company News

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

Feb 29, 2024
Product News

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 S

Jan 3, 2024
Earnings

Sterling Reports Third Quarter 2023 Results Continued Execution Towards 2023 Goals and Long-Term Strategy

NDEPENDENCE, Ohio, Nov. 08, 2023  Sterling Check Corp. (NASDAQ: STER) (“Sterling” or “the Company”) a leading global provider of technology-enabled background and identity verification services, today announced financial results for the thi

Nov 8, 2023
Acquisition

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 presen

Mar 2, 2023
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