Like Credence

closed 1/26/2022 via PR Newswire

Certn, acquired Credence

synopsis: Certn, a Canadian leader in background screening solutions, has acquired Credence, a leading provider of global background checks, based in the United Kingdom. Certn will diversify its offerings and add an impressive client roster, many of whom reside in new markets.
buyer: Certn
Based in Canada, Certn delivers fast, friendly and comprehensive background screening that helps businesses make fact-based hiring decisions, lowers hiring costs and improves the user experience for applicants and recruiters. "
target: Credence
Based in the UK, Credence is one of the longest established companies in the background screening industry. Credence works with organisations across the world to provide an international range of services which include screening checks, industry specific checks, and solutions for HR departments.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/3/2022 via BNC Analysis

Orange Tree, acquired Hire Image LLC

synopsis: Orange Tree Employment Screening has acquired Hire Image, a provider of background checks, drug screening services, and other background investigative services. With this acquisition, Orange Tree is furthering its stance as a leading technology-driven services company in the background screening industry.
buyer: Orange Tree
Orange Tree provides fast and easy background screening, drug testing, and occupational health services so employers can quickly fill open positions. A global provider, Orange Tree designs solutions to meet the background screening needs of employers. "
target: Hire Image LLC
Hire Image has provided accurate background checks, drug screening services, and other background investigative services for clients throughout the country since 2005. As a valued partner in their clients’ success, Hire Image enables its clients to make well-informed hiring and retention decisions.
price ($mm)
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closed 7/20/2022 via BusinessWire

Accurate Background Inc., acquired Vero Screening

synopsis: Accurate Background, the largest privately held provider of compliant background checks, drug and health screening, and monitoring solutions, announced it signed and closed the acquisition of Vero Screening Ltd., the UK’s largest independent employment screening provider.
buyer: Accurate Background Inc.
Accurate Background is a trusted provider of automated workforce screening. U.S. and international clients across all industries, from emerging businesses to Fortune 500 companies, rely on their compliant solutions. "
target: Vero Screening
Vero is a UK-based supplier of screening services that provides expert knowledge and world-class service for clients in 200+ countries, with specialty in financial services, banking legal, professional services and technology.
price ($mm)
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closed 4/13/2022 via BNC Analysis

Checkr, Inc., acquired Inflection LLC

synopsis: San Francisco-based Checkr Inc. said it bought Redwood City-based Inflection as demand rises for the types of employment checks that the two companies offer. Inflection, whose flagship product is called GoodHire, is a 16-year-old company focused exclusively on helping small businesses with their hiring
buyer: Checkr, Inc.
Checkr's mission is to build a fairer future by designing technology to create opportunities for all. Established in 2014, Checkr builds people infrastructure for the future of work. Many of the fastest-growing businesses use Checkr's technology to easily initiate and review background checks. "
target: Inflection LLC
Inflection is a Big Data and e-commerce startup headquartered in the heart of Silicon Valley. Inflection's flagship brand GoodHire is a leader in background checks for small businesses. Since 2013, GoodHire has been a trusted background check partner to tens of thousands of organizations.
price ($mm)
$400
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 12/8/2021 via GlobeNewswire

Sterling Talent Solutions, acquired Employment Background Investigations, Inc.

synopsis: Sterling, a leading global provider of background screening and identity services, has acquired Employment Background Investigations, Inc. (EBI), a provider of background screening, drug testing, occupational healthcare, and electronic Form I-9 solutions for talent acquisition and workforce management teams.
buyer: Sterling Talent Solutions
Sterling, a leading provider of background and identity services, offers background and identity verification to help over 47,000 clients create people-first cultures built on a foundation of trust and safety. "
target: Employment Background Investigations, Inc.
EBI provides background screening, drug testing, occupational healthcare, and electronic Form I-9 solutions for talent acquisition and workforce management teams. EBI has built a client base which includes blue chip logos across a diversified set of verticals in the US market.
price ($mm)
rev ($mm)
EBITDA ($mm)
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announced 11/10/2021 via BNC Analysis

First Advantage Corporation, will acquire MultiLatin

synopsis: First Advantage Corporation, a leading global provider of technology solutions for screening, verifications, safety and compliance related to human capital, announced that it has entered into definitive agreements to acquire MultiLatin Advisors, S.A. de C.V, a screening and verifications provider based in Mexico City, Mexico.
buyer: First Advantage Corporation (:$656.31)
First Advantage provides comprehensive background screening, identity, and information solutions that give employers and housing providers access to actionable information that results in faster, more accurate people decisions. "
target: MultiLatin
MultiLatin is an expert provider of employee background screening and compliance due diligence across Latin America and the Caribbean. The company has over 40 years of combined experience, focused on protecting clients’ reputations and mitigating risks related to their contracting processes.
price ($mm)
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closed 11/10/2021 via BNC Analysis

First Advantage Corporation, acquired Corporate Screening Services, Inc.

synopsis: First Advantage Corporation, a leading global provider of technology solutions for screening, verifications, safety and compliance related to human capital, will acquire orporate Screening Services, Inc., a healthcare and higher education focused screening and compliance solutions provider headquartered in Cleveland, Ohio.
buyer parent: SilverLake
buyer: First Advantage Corporation (:$656.31)
First Advantage provides comprehensive background screening, identity, and information solutions that give employers and housing providers access to actionable information that results in faster, more accurate people decisions. "
target: Corporate Screening Services, Inc.
Corporate Screening Services, Inc. is a healthcare and higher education focused screening and compliance solutions provider headquartered in Cleveland, Ohio. Corporate Screening was founded in 1987 as an investigative firm.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
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announced 9/16/2020 via BNC Analysis

Hanover Investors Management LLP, will acquire ClearStar

synopsis: ClearStar Inc, a leading provider of Human Capital Integrity technology-based services specializing in background and medical screening, has agreed to a buyout offer from private equity group Hanover Bidco worth 40p a share in cash.
buyer: Hanover Investors Management LLP
Hanover Investors has built a unique reputation among UK equity investors since its foundation in 2002 for its active intervention in small and mid-cap UK public companies, where they regularly act as a catalyst for change on behalf of shareholders. "
target: ClearStar (CLSU.L:$20.32)
ClearStar is a leading provider of Human Capital Integrity technology-based services specializing in background and medical screening. The company offers employers valuable employment intelligence to support better recruiting and decision making.
price ($mm)[EV]
$20 [$21]
rev ($mm)
$22
EBITDA ($mm)
EV / rev
1.0x
EV / EBITDA
announced 5/4/2020 via GlobeNewswire

Xalles, will acquire Intel365, Inc.

synopsis: Xalles Holdings Inc., a fintech holding company providing technology and financial services solutions, will acquire Intel365, Inc., an innovative background screening services company. Intel365’s vision is to provide technology and services in the areas of corporate intelligence, employment screening, and technology due diligence.
buyer: Xalles (OTCPK:XALL:$0.15)
Xalles Holdings Inc. is a holding company that focuses on direct investments in disruptive fintech companies. They actively seek acquisition targets with solid management teams and business models, large total attainable markets, and lucrative exit opportunities to invest and accelerate growth in. "
target: Intel365, Inc.
Intel365 is a background check technology and services company that is a provider of employment background checks that includes drug testing, criminal record checks, education, and employment verification, reference checks, driving records, credit reports, social security trace, and more.
price ($mm)
rev ($mm)
$1
EBITDA ($mm)
EV / rev
0.0x
EV / EBITDA
closed 12/18/2019 via PR Newswire

Nationwide Screening Services, acquired Info Search Associates, Inc

synopsis: Nationwide Screening Services, a national provider of background screening solutions, has acquired Info Search Associates, an established full-service background screening company, specializing in domestic and international employment, USA tenant, and domestic help background investigations.
buyer parent: Corporate Resource Services, Inc.
buyer: Nationwide Screening Services
Nationwide Screening Services (NSS) is an industry leading background screening provider that services HR professionals and helps them make hiring decisions. NSS has over 500 clients in all 50 states and with access to background information in 350 counties. "
target: Info Search Associates, Inc
Info Search Associates, Inc is a full-service background screening company, offering comprehensive employment and tenant screening background reports, criminal background reports, drug screening, electronic and ink fingerprinting services, electronic Form I-9, and E-verify services.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
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closed 5/1/2019 via BNC Analysis

Updater Services (UDS), acquired Matrix BS India

synopsis: Facilities management provider Updater Services Pvt. Ltd (UDS) has bought a 75% stake in Matrix Business Services, which operates in the business assurance and background verification segment.
buyer: Updater Services (UDS)
Updater Services (P) Limited (UDS) is India's premier and largest Integrated Facilities Management and Business Support Services company with a strong workforce of 40000 spread across the country in excess of 150 million sq ft of space with a strong branch network. "
target: Matrix BS India
Chennai-based Matrix currently provides employee background verification, audit and assurance for products, from sourcing raw material from different suppliers to reach the finished product to retail outlets, and building efficiency in the processing and settlement of claims.
price ($mm)
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closed 2/2/2018 via PR Newswire

General Information Services, Inc., acquired BackTrack, Inc.

synopsis: General Information Services ("GIS"), one of the leading providers of background screening and talent acquisition services, announced it has completed the acquisition of BackTrack Inc., an industry-leading background screening provider.
buyer: General Information Services, Inc.
For more than 50 years, GIS has been helping companies mitigate risk and hire smarter. As an NAPBS-accredited employment background screening company, GIS provides best-in-class screening services to thousands of companies worldwide. "
target: BackTrack, Inc.
BackTrack, founded in 1994, is an NAPBS-accredited background screening provider based in Mentor, Ohio and serves many Fortune 500 companies. Through strategic partnerships they also provide excellent drug testing, assessment testing and exit interviewing to over 2,000 clients.
price ($mm)
rev ($mm)
EBITDA ($mm)
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closed 7/12/2017 via PR Web

InfoMart, Inc., acquired Global Information Source

synopsis: InfoMart, an NAPBS-accredited provider of customizable global background screening solutions, announced that it has acquired Global Information Source (GIS), a worldwide background screening firm with over twenty years of experience in candidate screening.
buyer: InfoMart, Inc.
InfoMart is a WBENC-Certified and NAPBS Accredited industry leader in background screening services. Their services include criminal histories, credit and driving records, employment and education verifications, drug testing, and much more. "
target: Global Information Source
Global Information Source (GIS), an Atlanta-based company, provides employers with a customized solution for screening candidates. GIS has built a reputation for providing expert-level customer service beyond that of other firms.
price ($mm)
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EBITDA ($mm)
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closed 11/3/2015 via BusinessWire

SterlingBackcheck, acquired EmployeeScreenIQ

synopsis: SterlingBackcheck, one of the world’s largest background screening companies, announced that it has acquired EmployeeScreenIQ, a global provider of employment background checks and substance abuse screening services. EmployeeScreenIQ serves an impressive roster of clients worldwide ranging from Fortune 100 companies to small businesses.
buyer parent: Goldman Sachs & Co.
buyer: SterlingBackcheck
SterlingBackcheck delivers confident hiring for a safer, more productive world. An NABPS accredited, global background screening partner, their teams deliver extensive expertise in screening best practices, compliance and the client and applicant experience. "
target: EmployeeScreenIQ
EmployeeScreenIQ offers a comprehensive suite of employment background screening services that help organizations make informed hiring decisions. They provide the industry’s most accurate and thorough criminal background checks, resume verification services and substance abuse screening.
price ($mm)
rev ($mm)
EBITDA ($mm)
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closed 12/3/2021 via BusinessWire

Iron Creek Partners LLC, acquired Credential Check Corporation

synopsis: Iron Creek Partners LLC, a private investment firm based in Santa Fe, NM, announced the acquisition of Credential Check Corporation, a leading provider of employment background screening and drug testing services to employers across the country.
buyer: Iron Creek Partners LLC
Iron Creek is a sector-focused, stage-independent private investment firm based in Santa Fe, NM, seeking attractive investment opportunities primarily in the software, data, and communications industries. "
target: Credential Check Corporation
Credential Check Corporation is a leading provider of employment background screening and drug testing services to employers across the United States. CredentialCheck has thousands of customers across the finance, manufacturing, food and retail, healthcare, and staffing industries.
price ($mm)
rev ($mm)
EBITDA ($mm)
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closed 12/1/2021 via GlobeNewswire

ClearStar, acquired Employment Screening Resources (ESR)

synopsis: ClearStar, Inc., a provider of Human Capital Integrity technology-based services, specializing in background and medical screening, has acquired Employment Screening Resources (ESR), a highly respected background screening firm. The acquisition expands ClearStar's ability to deliver high-quality customer service across all 50 states and beyond.
buyer parent: Hanover Investors Management LLP
buyer: ClearStar (CLSU.L:$20.32)
ClearStar is a leading provider of Human Capital Integrity technology-based services specializing in background and medical screening. The company offers employers valuable employment intelligence to support better recruiting and decision making. "
target: Employment Screening Resources (ESR)
Employment Screening Resources (ESR) is a global background check firm that provides fast, accurate, affordable, and compliant information. ESR is the only screening provider offering real-time compliant services via its proprietary ESR Assured Compliance program.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/15/2019 via GlobeNewswire

Data Facts, Inc., acquired Strategic Information Resources, Inc

synopsis: Data Facts, a nationwide provider of mortgage lending solutions and national and international background screening solutions, announced their acquisition of Strategic Information Resources, a national provider of risk assessment services including consumer and business credit reports, appraisals, and comprehensive background screening.
buyer: Data Facts, Inc.
Data Facts provides trusted information that can be relied on to make sound hiring and lending decisions. Their comprehensive solutions allow clients to make better decisions faster and more efficiently. "
target: Strategic Information Resources, Inc
Strategic Information Resources is a national provider of risk assessment services including consumer and business credit reports, appraisals, and comprehensive background screening. SIR helps thousands of companies make more informed decisions every day.
price ($mm)
rev ($mm)
EBITDA ($mm)
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closed 11/28/2018 via PE Hub

Cisive, purchased Pre-Employment Screening from Blue Umbrella

synopsis: Cisive, a global provider of compliance and risk management solutions, has acquired the pre-employment screening (PES) division of Blue Umbrella, a provider of due diligence research and compliance technologies. PES provides comprehensive background investigations of potential and current employees, vendors, customers, and business partners.
buyer parent: CIP Capital
buyer: Cisive
Cisive is a global provider of compliance-driven human capital management and risk management solutions. The company’s core onboarding and pre-employment background screening offering provides clients with a streamlined, high-quality, and regulatory-compliant solution. "
seller: Blue Umbrella
Blue Umbrella is a leading provider of due diligence research and innovative third-party compliance technologies. Combining global research excellence with disruptive RegTech SaaS solutions, Blue Umbrella serves multinational corporations.
price ($mm)
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closed 9/26/2018 via PR Web

Barada Associates, acquired American Business Services

synopsis: Barada Associates, Indiana’s premier provider of background screening and reference checking services, announced the acquisition of American Business Services, a professional background screening services firm.
buyer: Barada Associates
Founded in 1979, Barada Associates was one of the world’s first employment screening businesses. The company provides reference reports, employment verifications and background checks to employers nationwide and is widely recognized as a premier provider of reference reports. "
target: American Business Services
American Business Services is a progressive corporation offering applicant screening services, human resource services and security/safety consulting. ABS Screening provides employment and residential screening services for many progressive organizations through the US and Canada.
price ($mm)
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EBITDA ($mm)
EV / rev
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closed 8/29/2018 via PE Hub

Global HR Research, acquired easyBackgrounds Inc.

synopsis: Background Screening provider Global HR Research (GHRR), a Renovo Capital company, announced that it has acquired easyBackgrounds, a background screening company operating from Newfields, NH. easyBackgrounds has been helping companies mitigate risk and hire smarter.
buyer parent: Renovo Capital, LLC
buyer: Global HR Research
Global HR Research combines advanced screening technology, data and business analytics to deliver better background screening programs to thousands of customers and their candidates. Global HR Research is accredited by the National Association of Professional Background Screeners. "
target: easyBackgrounds Inc.
easyBackgrounds has been helping companies mitigate risk and hire smarter. With a FCRA certified staff, easyBackgrounds provides best-in-class screening services and uncompromising accuracy with the fastest turnaround in the industry.
price ($mm)
rev ($mm)
EBITDA ($mm)
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EV / EBITDA
closed 1/26/2022 via PR Newswire

Certn, acquired Credence

synopsis: Certn, a Canadian leader in background screening solutions, has acquired Credence, a leading provider of global background checks, based in the United Kingdom. Certn will diversify its offerings and add an impressive client roster, many of whom reside in new markets.
buyer: Certn
Based in Canada, Certn delivers fast, friendly and comprehensive background screening that helps businesses make fact-based hiring decisions, lowers hiring costs and improves the user experience for applicants and recruiters. "
target: Credence
Based in the UK, Credence is one of the longest established companies in the background screening industry. Credence works with organisations across the world to provide an international range of services which include screening checks, industry specific checks, and solutions for HR departments.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/26/2022 via PR Newswire

Certn, acquired Credence

synopsis: Certn, a Canadian leader in background screening solutions, has acquired Credence, a leading provider of global background checks, based in the United Kingdom. Certn will diversify its offerings and add an impressive client roster, many of whom reside in new markets.
buyer: Certn
Based in Canada, Certn delivers fast, friendly and comprehensive background screening that helps businesses make fact-based hiring decisions, lowers hiring costs and improves the user experience for applicants and recruiters. "
target: Credence
Based in the UK, Credence is one of the longest established companies in the background screening industry. Credence works with organisations across the world to provide an international range of services which include screening checks, industry specific checks, and solutions for HR departments.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/26/2022 via PR Newswire

Certn, acquired Credence

synopsis: Certn, a Canadian leader in background screening solutions, has acquired Credence, a leading provider of global background checks, based in the United Kingdom. Certn will diversify its offerings and add an impressive client roster, many of whom reside in new markets.
buyer: Certn
Based in Canada, Certn delivers fast, friendly and comprehensive background screening that helps businesses make fact-based hiring decisions, lowers hiring costs and improves the user experience for applicants and recruiters. "
target: Credence
Based in the UK, Credence is one of the longest established companies in the background screening industry. Credence works with organisations across the world to provide an international range of services which include screening checks, industry specific checks, and solutions for HR departments.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/3/2022 via BNC Analysis

Orange Tree, acquired Hire Image LLC

synopsis: Orange Tree Employment Screening has acquired Hire Image, a provider of background checks, drug screening services, and other background investigative services. With this acquisition, Orange Tree is furthering its stance as a leading technology-driven services company in the background screening industry.
buyer: Orange Tree
Orange Tree provides fast and easy background screening, drug testing, and occupational health services so employers can quickly fill open positions. A global provider, Orange Tree designs solutions to meet the background screening needs of employers. "
target: Hire Image LLC
Hire Image has provided accurate background checks, drug screening services, and other background investigative services for clients throughout the country since 2005. As a valued partner in their clients’ success, Hire Image enables its clients to make well-informed hiring and retention decisions.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/20/2022 via BusinessWire

Accurate Background Inc., acquired Vero Screening

synopsis: Accurate Background, the largest privately held provider of compliant background checks, drug and health screening, and monitoring solutions, announced it signed and closed the acquisition of Vero Screening Ltd., the UK’s largest independent employment screening provider.
buyer: Accurate Background Inc.
Accurate Background is a trusted provider of automated workforce screening. U.S. and international clients across all industries, from emerging businesses to Fortune 500 companies, rely on their compliant solutions. "
target: Vero Screening
Vero is a UK-based supplier of screening services that provides expert knowledge and world-class service for clients in 200+ countries, with specialty in financial services, banking legal, professional services and technology.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/13/2022 via BNC Analysis

Checkr, Inc., acquired Inflection LLC

synopsis: San Francisco-based Checkr Inc. said it bought Redwood City-based Inflection as demand rises for the types of employment checks that the two companies offer. Inflection, whose flagship product is called GoodHire, is a 16-year-old company focused exclusively on helping small businesses with their hiring
buyer: Checkr, Inc.
Checkr's mission is to build a fairer future by designing technology to create opportunities for all. Established in 2014, Checkr builds people infrastructure for the future of work. Many of the fastest-growing businesses use Checkr's technology to easily initiate and review background checks. "
target: Inflection LLC
Inflection is a Big Data and e-commerce startup headquartered in the heart of Silicon Valley. Inflection's flagship brand GoodHire is a leader in background checks for small businesses. Since 2013, GoodHire has been a trusted background check partner to tens of thousands of organizations.
price ($mm)
$400
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 12/8/2021 via GlobeNewswire

Sterling Talent Solutions, acquired Employment Background Investigations, Inc.

synopsis: Sterling, a leading global provider of background screening and identity services, has acquired Employment Background Investigations, Inc. (EBI), a provider of background screening, drug testing, occupational healthcare, and electronic Form I-9 solutions for talent acquisition and workforce management teams.
buyer: Sterling Talent Solutions
Sterling, a leading provider of background and identity services, offers background and identity verification to help over 47,000 clients create people-first cultures built on a foundation of trust and safety. "
target: Employment Background Investigations, Inc.
EBI provides background screening, drug testing, occupational healthcare, and electronic Form I-9 solutions for talent acquisition and workforce management teams. EBI has built a client base which includes blue chip logos across a diversified set of verticals in the US market.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 11/10/2021 via BNC Analysis

First Advantage Corporation, will acquire MultiLatin

synopsis: First Advantage Corporation, a leading global provider of technology solutions for screening, verifications, safety and compliance related to human capital, announced that it has entered into definitive agreements to acquire MultiLatin Advisors, S.A. de C.V, a screening and verifications provider based in Mexico City, Mexico.
buyer: First Advantage Corporation (:$656.31)
First Advantage provides comprehensive background screening, identity, and information solutions that give employers and housing providers access to actionable information that results in faster, more accurate people decisions. "
target: MultiLatin
MultiLatin is an expert provider of employee background screening and compliance due diligence across Latin America and the Caribbean. The company has over 40 years of combined experience, focused on protecting clients’ reputations and mitigating risks related to their contracting processes.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/10/2021 via BNC Analysis

First Advantage Corporation, acquired Corporate Screening Services, Inc.

synopsis: First Advantage Corporation, a leading global provider of technology solutions for screening, verifications, safety and compliance related to human capital, will acquire orporate Screening Services, Inc., a healthcare and higher education focused screening and compliance solutions provider headquartered in Cleveland, Ohio.
buyer parent: SilverLake
buyer: First Advantage Corporation (:$656.31)
First Advantage provides comprehensive background screening, identity, and information solutions that give employers and housing providers access to actionable information that results in faster, more accurate people decisions. "
target: Corporate Screening Services, Inc.
Corporate Screening Services, Inc. is a healthcare and higher education focused screening and compliance solutions provider headquartered in Cleveland, Ohio. Corporate Screening was founded in 1987 as an investigative firm.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 9/16/2020 via BNC Analysis

Hanover Investors Management LLP, will acquire ClearStar

synopsis: ClearStar Inc, a leading provider of Human Capital Integrity technology-based services specializing in background and medical screening, has agreed to a buyout offer from private equity group Hanover Bidco worth 40p a share in cash.
buyer: Hanover Investors Management LLP
Hanover Investors has built a unique reputation among UK equity investors since its foundation in 2002 for its active intervention in small and mid-cap UK public companies, where they regularly act as a catalyst for change on behalf of shareholders. "
target: ClearStar (CLSU.L:$20.32)
ClearStar is a leading provider of Human Capital Integrity technology-based services specializing in background and medical screening. The company offers employers valuable employment intelligence to support better recruiting and decision making.
price ($mm)[EV]
$20 [$21]
rev ($mm)
$22
EBITDA ($mm)
EV / rev
1.0x
EV / EBITDA
announced 5/4/2020 via GlobeNewswire

Xalles, will acquire Intel365, Inc.

synopsis: Xalles Holdings Inc., a fintech holding company providing technology and financial services solutions, will acquire Intel365, Inc., an innovative background screening services company. Intel365’s vision is to provide technology and services in the areas of corporate intelligence, employment screening, and technology due diligence.
buyer: Xalles (OTCPK:XALL:$0.15)
Xalles Holdings Inc. is a holding company that focuses on direct investments in disruptive fintech companies. They actively seek acquisition targets with solid management teams and business models, large total attainable markets, and lucrative exit opportunities to invest and accelerate growth in. "
target: Intel365, Inc.
Intel365 is a background check technology and services company that is a provider of employment background checks that includes drug testing, criminal record checks, education, and employment verification, reference checks, driving records, credit reports, social security trace, and more.
price ($mm)
rev ($mm)
$1
EBITDA ($mm)
EV / rev
0.0x
EV / EBITDA
closed 12/18/2019 via PR Newswire

Nationwide Screening Services, acquired Info Search Associates, Inc

synopsis: Nationwide Screening Services, a national provider of background screening solutions, has acquired Info Search Associates, an established full-service background screening company, specializing in domestic and international employment, USA tenant, and domestic help background investigations.
buyer parent: Corporate Resource Services, Inc.
buyer: Nationwide Screening Services
Nationwide Screening Services (NSS) is an industry leading background screening provider that services HR professionals and helps them make hiring decisions. NSS has over 500 clients in all 50 states and with access to background information in 350 counties. "
target: Info Search Associates, Inc
Info Search Associates, Inc is a full-service background screening company, offering comprehensive employment and tenant screening background reports, criminal background reports, drug screening, electronic and ink fingerprinting services, electronic Form I-9, and E-verify services.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/1/2019 via BNC Analysis

Updater Services (UDS), acquired Matrix BS India

synopsis: Facilities management provider Updater Services Pvt. Ltd (UDS) has bought a 75% stake in Matrix Business Services, which operates in the business assurance and background verification segment.
buyer: Updater Services (UDS)
Updater Services (P) Limited (UDS) is India's premier and largest Integrated Facilities Management and Business Support Services company with a strong workforce of 40000 spread across the country in excess of 150 million sq ft of space with a strong branch network. "
target: Matrix BS India
Chennai-based Matrix currently provides employee background verification, audit and assurance for products, from sourcing raw material from different suppliers to reach the finished product to retail outlets, and building efficiency in the processing and settlement of claims.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 2/2/2018 via PR Newswire

General Information Services, Inc., acquired BackTrack, Inc.

synopsis: General Information Services ("GIS"), one of the leading providers of background screening and talent acquisition services, announced it has completed the acquisition of BackTrack Inc., an industry-leading background screening provider.
buyer: General Information Services, Inc.
For more than 50 years, GIS has been helping companies mitigate risk and hire smarter. As an NAPBS-accredited employment background screening company, GIS provides best-in-class screening services to thousands of companies worldwide. "
target: BackTrack, Inc.
BackTrack, founded in 1994, is an NAPBS-accredited background screening provider based in Mentor, Ohio and serves many Fortune 500 companies. Through strategic partnerships they also provide excellent drug testing, assessment testing and exit interviewing to over 2,000 clients.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/12/2017 via PR Web

InfoMart, Inc., acquired Global Information Source

synopsis: InfoMart, an NAPBS-accredited provider of customizable global background screening solutions, announced that it has acquired Global Information Source (GIS), a worldwide background screening firm with over twenty years of experience in candidate screening.
buyer: InfoMart, Inc.
InfoMart is a WBENC-Certified and NAPBS Accredited industry leader in background screening services. Their services include criminal histories, credit and driving records, employment and education verifications, drug testing, and much more. "
target: Global Information Source
Global Information Source (GIS), an Atlanta-based company, provides employers with a customized solution for screening candidates. GIS has built a reputation for providing expert-level customer service beyond that of other firms.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/3/2015 via BusinessWire

SterlingBackcheck, acquired EmployeeScreenIQ

synopsis: SterlingBackcheck, one of the world’s largest background screening companies, announced that it has acquired EmployeeScreenIQ, a global provider of employment background checks and substance abuse screening services. EmployeeScreenIQ serves an impressive roster of clients worldwide ranging from Fortune 100 companies to small businesses.
buyer parent: Goldman Sachs & Co.
buyer: SterlingBackcheck
SterlingBackcheck delivers confident hiring for a safer, more productive world. An NABPS accredited, global background screening partner, their teams deliver extensive expertise in screening best practices, compliance and the client and applicant experience. "
target: EmployeeScreenIQ
EmployeeScreenIQ offers a comprehensive suite of employment background screening services that help organizations make informed hiring decisions. They provide the industry’s most accurate and thorough criminal background checks, resume verification services and substance abuse screening.
price ($mm)
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closed 12/3/2021 via BusinessWire

Iron Creek Partners LLC, acquired Credential Check Corporation

synopsis: Iron Creek Partners LLC, a private investment firm based in Santa Fe, NM, announced the acquisition of Credential Check Corporation, a leading provider of employment background screening and drug testing services to employers across the country.
buyer: Iron Creek Partners LLC
Iron Creek is a sector-focused, stage-independent private investment firm based in Santa Fe, NM, seeking attractive investment opportunities primarily in the software, data, and communications industries. "
target: Credential Check Corporation
Credential Check Corporation is a leading provider of employment background screening and drug testing services to employers across the United States. CredentialCheck has thousands of customers across the finance, manufacturing, food and retail, healthcare, and staffing industries.
price ($mm)
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closed 12/1/2021 via GlobeNewswire

ClearStar, acquired Employment Screening Resources (ESR)

synopsis: ClearStar, Inc., a provider of Human Capital Integrity technology-based services, specializing in background and medical screening, has acquired Employment Screening Resources (ESR), a highly respected background screening firm. The acquisition expands ClearStar's ability to deliver high-quality customer service across all 50 states and beyond.
buyer parent: Hanover Investors Management LLP
buyer: ClearStar (CLSU.L:$20.32)
ClearStar is a leading provider of Human Capital Integrity technology-based services specializing in background and medical screening. The company offers employers valuable employment intelligence to support better recruiting and decision making. "
target: Employment Screening Resources (ESR)
Employment Screening Resources (ESR) is a global background check firm that provides fast, accurate, affordable, and compliant information. ESR is the only screening provider offering real-time compliant services via its proprietary ESR Assured Compliance program.
price ($mm)
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closed 8/15/2019 via GlobeNewswire

Data Facts, Inc., acquired Strategic Information Resources, Inc

synopsis: Data Facts, a nationwide provider of mortgage lending solutions and national and international background screening solutions, announced their acquisition of Strategic Information Resources, a national provider of risk assessment services including consumer and business credit reports, appraisals, and comprehensive background screening.
buyer: Data Facts, Inc.
Data Facts provides trusted information that can be relied on to make sound hiring and lending decisions. Their comprehensive solutions allow clients to make better decisions faster and more efficiently. "
target: Strategic Information Resources, Inc
Strategic Information Resources is a national provider of risk assessment services including consumer and business credit reports, appraisals, and comprehensive background screening. SIR helps thousands of companies make more informed decisions every day.
price ($mm)
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closed 11/28/2018 via PE Hub

Cisive, purchased Pre-Employment Screening from Blue Umbrella

synopsis: Cisive, a global provider of compliance and risk management solutions, has acquired the pre-employment screening (PES) division of Blue Umbrella, a provider of due diligence research and compliance technologies. PES provides comprehensive background investigations of potential and current employees, vendors, customers, and business partners.
buyer parent: CIP Capital
buyer: Cisive
Cisive is a global provider of compliance-driven human capital management and risk management solutions. The company’s core onboarding and pre-employment background screening offering provides clients with a streamlined, high-quality, and regulatory-compliant solution. "
seller: Blue Umbrella
Blue Umbrella is a leading provider of due diligence research and innovative third-party compliance technologies. Combining global research excellence with disruptive RegTech SaaS solutions, Blue Umbrella serves multinational corporations.
price ($mm)
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closed 9/26/2018 via PR Web

Barada Associates, acquired American Business Services

synopsis: Barada Associates, Indiana’s premier provider of background screening and reference checking services, announced the acquisition of American Business Services, a professional background screening services firm.
buyer: Barada Associates
Founded in 1979, Barada Associates was one of the world’s first employment screening businesses. The company provides reference reports, employment verifications and background checks to employers nationwide and is widely recognized as a premier provider of reference reports. "
target: American Business Services
American Business Services is a progressive corporation offering applicant screening services, human resource services and security/safety consulting. ABS Screening provides employment and residential screening services for many progressive organizations through the US and Canada.
price ($mm)
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closed 8/29/2018 via PE Hub

Global HR Research, acquired easyBackgrounds Inc.

synopsis: Background Screening provider Global HR Research (GHRR), a Renovo Capital company, announced that it has acquired easyBackgrounds, a background screening company operating from Newfields, NH. easyBackgrounds has been helping companies mitigate risk and hire smarter.
buyer parent: Renovo Capital, LLC
buyer: Global HR Research
Global HR Research combines advanced screening technology, data and business analytics to deliver better background screening programs to thousands of customers and their candidates. Global HR Research is accredited by the National Association of Professional Background Screeners. "
target: easyBackgrounds Inc.
easyBackgrounds has been helping companies mitigate risk and hire smarter. With a FCRA certified staff, easyBackgrounds provides best-in-class screening services and uncompromising accuracy with the fastest turnaround in the industry.
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