Announced
Completed
Synopsis
First Advantage, a global provider of employment background screening and verification solutions, completed the acquisition of Infinite ID, a U.S.-based digital identity authentication solutions company, from Enlightenment Capital, private investment firm, for $41m. “We are excited to add Infinite ID’s advanced technology and solutions to the First Advantage portfolio. This acquisition builds on our digital strategy with one of the most comprehensive digital collection networks in the industry and supports our ongoing commitment to providing high-value offerings that help keep our customers’ businesses safe. Infinite ID’s technology complements our other identity solutions, including RightID® and Digital Identity Services, also enabling us to continue to improve the applicant experience. This is a major milestone towards our strategic objectives to expand our portfolio of innovative products and differentiated solutions while strengthening our core business. We look forward to welcoming the Infinite ID team to the First Advantage family,” Scott Staples, First Advantage CEO.
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