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New Deal


Announced

General Atlantic and Stone Point Capital to acquire HireRight for $1.65bn.

Financials

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Transaction Value£1,314m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium43%
One Off Charge-

Tags

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background screening services

Acquisition

Private Equity

United States

workforce solutions

Business Process Outsourcing

Domestic

Majority

Public

Pending

Friendly

Synopsis

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General Atlantic, an American growth equity firm, and Stone Point Capital, an investment firm, agreed to acquire HireRight, a global background screening services and workforce solutions provider, for $1.65bn. “We are pleased to have reached this agreement with General Atlantic and Stone Point, which delivers a significant and immediate cash premium to HireRight’s unaffiliated stockholders,” Guy Abramo, HireRight President and CEO.

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