First Advantage - M&A Summary and Business Overview

SoftwareCompany

First Advantage M&A Summary

First Advantage has acquired 7 companies, including 5 in the last 5 years. A total of 1 acquisition came from private equity firms.

First Advantage’s largest acquisition to date was in 2024, when it acquired Sterling Check for $2.2B. First Advantage has acquired in 4 different US states, and 3 countries. The Company’s most targeted sectors include business services (72%) and software (15%).

First Advantage Business Overview

Where is First Advantage headquartered?

First Advantage is headquartered in Atlanta, Georgia.

What is First Advantage’s revenue?

First Advantage disclosed revenue of 764M USD for 2022 and 810M USD for 2021.

How many employees does First Advantage have?

First Advantage has 3,800 employees.

What sector is First Advantage in?

First Advantage is a software company.

When was First Advantage founded?

First Advantage was founded in 2003.

M&A Summary

  • M&A Total Activity7
    • M&A Buy Activity7
  • Total Sectors Invested 3
  • Total Countries Invested 3
  • M&A Buy/Sell Connections 3
  • M&A Advisors 10

First Advantage

First Advantage Corp.

1 Concourse Parkway NE, Suite 200,
Atlanta, Georgia 30328
United States,
(202) 620-9700
www.fadv.com

First Advantage is a provider of a comprehensive background screening, identity and information solutions that give employers and housing providers access to actionable information that results in faster, more accurate people decisions. First Advantage was founded in 2003 and is based in Atlanta, Georgia.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (1.0/yr) # 2 - 3 - 1 1 7
vol $41M $2.2B $2.2B
Sell (0.0/yr) # - - - - - - 0
  7

Most Recent M&A

Company Date Value Type
Sterling Check Corp. 2024-10-31 2.2B USD Add-on Acquisition
Independence, Ohio · www.sterlingcheck.com
Infinite ID LLC 2023-09-05 41M USD Add-on Acquisition
Hicksville, New York · www.infiniteid.com
Corporate Screening Services, Inc. 2021-11-08 - Add-on Acquisition
Cleveland, Ohio · www.corporatescreening.com
MultiLatin Advisors S.A. de C.V 2021-11-08 - Add-on Acquisition
Mexico City, Mexico · www.multilatin.com
GB Group plc - Employ & Comply Services 2021-04-01 - Divestiture
Chester, United Kingdom
Verifications, Inc. 2013-11-05 - Add-on Acquisition
Minneapolis, Minnesota · www.verificationsinc.com
Credit Information Group 2005-05-25 - Divestiture
, California
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Business Services 5 (71%) 2.2B (98%) - -
Information Services 1 (14%) - - -
Software 1 (14%) 41M (2%) - -
Total 7 $2.2B - -

By Geo

State/Country Buy Value Sell Value
United States 5 2.2B - -
  Ohio 2 2.2B - -
  New York 1 41M - -
  Minnesota 1 - - -
  California 1 - - -
Mexico 1 - - -
United Kingdom 1 - - -
Domestic 5 (71%) 2.2B (100%) - -
Cross-border 2 (29%) - - -
Total 7 $2.2B - -

Top M&A Advisors

Financial Deals
Stifel, Nicolaus & Co., Inc.
1
Jefferies
1
J.P. Morgan Securities
1
Legal Deals
Simpson Thacher & Bartlett
1

Deal Values

buy # Total
> $1B 1 $2.2B
< $100M 1 $41M
TOTAL $2.2B
Largest Sterling Check Corp.
$2.2B (2024-10-31)

M&A Connections

Deals
Acquired from
Investor(s)
14%
1 (14%)
Strategic(s)
29%
2 (29%)

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