article thumbnail

First Advantage to Acquire Sterling Check Corp. for $2.2 Billion in Cash and Stock

Benzinga

29, 2024 (GLOBE NEWSWIRE) -- First Advantage Corporation (NASDAQ: FA ), a leading provider of employment background screening, identity, and verification solutions, announced today that it has entered into a definitive purchase agreement to acquire Sterling Check Corp. billion, including Sterling's outstanding debt.

article thumbnail

First Advantage Reports Full Year and Fourth Quarter 2023 Results

Benzinga

Introduces Full Year 2024 Guidance Announces Agreement to Acquire Sterling Check Corp. With the acquisition of Sterling, we will create a platform that combines leading technology and innovative solutions, further enhancing our customer value proposition and differentiating First Advantage as a vendor of choice," continued Mr. Staples.

EBITDA 40
article thumbnail

Cooley’s 2023 Activism Year in Review: Wolfpacks at the Gate

Cooley M&A

As we look ahead to the 2024 proxy season (and beyond), let’s review the key 2023 trends and developments from activism playbooks, with a sharp focus on the ever-changing landscape in the technology and healthcare sectors. Momentum building for 2024? 4] Activists won 134 board seats globally in 2023, a 30% increase from 2022.