Silver Lake to acquire First Advantage from STG.

Silver Lake, a technology investment company, agreed to acquire First Advantage, that provides comprehensive background screening, identity and information solutions to employers, from Symphony Technology Group, an American private equity firm. Financial terms were not disclosed. “As employers compete for talent, they seek best-in-class technology partners like First Advantage to provide timely and trusted intelligence to support hiring, risk management, and brand protection. We look forward to working closely with Scott Staples, the management team, and employees of First Advantage to continue the momentum they are demonstrating in many areas, including cutting-edge technology, superior client success practices, and industry-leading geographic coverage,” Joe Osnoss, Silver Lake Managing Director.