M&A Deal Summary

Cisive Acquires PreCheck

On January 15, 2019, Cisive acquired staffing company PreCheck

Acquisition Highlights
  • This is Cisive’s 1st transaction in the Staffing sector.
  • This is Cisive’s 1st transaction in the United States.
  • This is Cisive’s 1st transaction in Texas.

M&A Deal Summary

Date 2019-01-15
Target PreCheck
Sector Staffing
Buyer(s) Cisive
Deal Type Add-on Acquisition
Advisor(s) Stifel (Financial)
Bracewell (Legal)

Target

PreCheck

Houston, Texas, United States
PreCheck has focused exclusively on serving the healthcare industry’s background screening and employment qualification needs since 1993. PreCheck serves over 4,000 hospitals, long-term care facilities, clinics, educational institutions, and other ancillary healthcare organizations, across the U.S. PreCheck has evolved over time from a background screening provider into a turnkey outsourcing solutions provider, offering a full suite of background screening, compliance monitoring and credentialing solutions all designed to help its clients adhere to the extensive regulations governing the healthcare industry. Based in Houston, PreCheck has been recognized as an Inc. 5000 company from 2013-2018 and has achieved Background Screening Credentialing Council Accreditation by the National Association of Professional Background Screeners.

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Buyer(S) 1

Buyer

Cisive

Holtsville, New York, United States

Category Company
Founded 1977
Sector Information Technology
DESCRIPTION

Cisive is a provider of tech-enabled and compliance-driven human capital management and risk management solutions. It currently serves clients across the financial services, transportation, and media and telecom end-markets, among others, and offers transportation clients a comprehensive, industry-focused solution through its Driver iQ branded offering. Cisive was formed in 1977 and is headquartered in Holtsville, New York.


DEAL STATS #
Overall 2 of 2
Sector: Staffing M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Texas M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2019 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-11-29 Blue Umbrella - Pre-Employment Screening

China

Blue Umbrella - Pre-Employment Screening (PES) is a provider of regulatory-compliant solutions to clients.

Buy -