Announced
Synopsis
CIP Capital-backed Cisive, a global provider of compliance-driven human capital management and risk management solutions, acquired PreCheck, the healthcare industry’s leading provider of background screening, compliance monitoring and credentialing solutions. Financial terms were not disclosed. “The acquisition of PreCheck represents a great opportunity for Cisive to expand its expertise in the healthcare industry and enhances PreCheck’s ability to advance in the global healthcare market,” explains James Owens, Cisive’s President and CEO. “PreCheck is a perfect complement to Cisive as both companies cater to the needs of highly regulated industries and have a deep commitment to quality of service, regulatory compliance, and providing a high-touch customer experience. We are thrilled to bring together these two powerful entities where we can continue to excel and expand our leadership serving enterprise clients.”
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