M&A Deal Summary

Sterling Acquires Employment Background Investigations

On December 1, 2021, Sterling acquired staffing company Employment Background Investigations

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

M&A Deal Summary
Date 2021-12-01
Target Employment Background Investigations
Sector Staffing
Buyer(s) Sterling
Deal Type Add-on Acquisition

Target

Employment Background Investigations

Owings Mills, Maryland, United States
Employment Background Investigations provides background screening, drug testing, occupational healthcare, and electronic Form I-9 solutions for today’s talent acquisition and workforce management needs. Employment Background Investigations was founded in 1994 and is based in Owings Mills, Maryland.

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Buyer(S) 1

Buyer

Sterling

Independence, Ohio, United States
Category Company
Founded 1992
Sector Business Services
Employees5,700
Revenue 719M USD (2023)
DESCRIPTION

Sterling is a provider of background and identity services that offers background and identity verification to help over 47,000 clients create people-first cultures built on a foundation of trust and safety. Sterling was founded in 1992 and is based in Independence, Ohio.

DEAL STATS #
Overall 1 of 3
Sector (Staffing) 1 of 1
Type (Add-on Acquisition) 1 of 3
State (Maryland) 1 of 1
Country (United States) 1 of 2
Year (2021) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-01-04 Socrates

Oxford, United Kingdom

Socrates is an independent screening company, services include criminal background checks, employment, and education verifications, and credit checks. Socrates has operations centers in Brazil, Colombia, and Mexico. Socrates was founded in 2003 and is based in Oxford, England.

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