FA - Mergers and acquisitions

ATLANTA, Sept. 05, 2023 (GLOBE NEWSWIRE) -- First Advantage Corporation (NASDAQ:FA), a leading global provider of employment background screening and verification solutions, today announced the acquisition of Infinite ID, a U.S.-based digital identity authentication solutions company and portfolio company of Enlightenment Capital. The $41 million all-cash transaction was funded with cash from the balance sheet and expands First Advantage's network and portfolio of identity solutions in the United States. Infinite ID is profitable and is expected to generate annual revenues of over $10 million. "We are excited to add Infinite ID's advanced technology and solutions to the First Advantage po

ATLANTA, Jan. 11, 2022 (GLOBE NEWSWIRE) -- First Advantage Corporation (NASDAQ:FA), a leading global provider of technology solutions for screening, verifications, safety and compliance related to human capital, today announced that it has completed the acquisition of the Form I-9 Compliance business pursuant to an asset purchase agreement. The transaction is effective as of January 1, 2022. Form I-9 Compliance adds new solutions to First Advantage's product suite including comprehensive electronic Form I-9, E-Verify, remote verifications, continuous compliance monitoring and document review offerings. "We are excited to acquire Form I-9 Compliance, as we are impressed by their comprehe