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New Deal


Announced

First Advantage to acquire the Employ and Comply business of GB Group.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Acquisition

Single Bidder

Majority

employee screenings

Cross Border

United Kingdom

Outsourced HR and Staffing

Pending

Friendly

Synopsis

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First Advantage, a global provider of technology solutions for background and employment screening, agreed to acquire the Employ and Comply business of GB Group, an identity verification, location intelligence and fraud prevention company. Financial terms were not disclosed. "We recognise that employment screening services require specialist market capability. First Advantage has a global capability in background screening services and is a business that shares many of our values. We believe we've found a great home for our customers and our people who will bring great expertise, energy and capability to First Advantage in the UK," Chris Clark, GBG CEO.

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