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Announced

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Sterling completed the acquisition of Vault Health.

Synopsis

Sterling, a global provider of background and identity services, completed the acquisition of Vault Health, a clinic management platform. Financial terms were not disclosed. “The acquisition of Vault extends Sterling’s drug and health testing capabilities with a broader range of clinical options, delivery channels, and service models. This acquisition builds scale within the attractive healthcare and industrials verticals, enabling Sterling to better meet hiring demands and drive growth, consistent with our long-term strategy to expand through organic revenue growth and strategic M&A. We are also particularly pleased to acquire a strategic asset at an acquisition multiple in line with our typical tuck-in M&A range,” Josh Peirez, Sterling CEO.

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