SterlingBackcheck announced that it has acquired EmployeeScreenIQ, a provider of employment background checks and substance abuse screening services based in Cleveland, Ohio. No financial terms were released. New York’s SterlingBackcheck, which offers services that are complementary to EmployeeScreenIQ, was itself acquired in June. The joint buyers were Canadian pension fund manager the Caisse de dépôt et placement du Québec and Goldman Sachs.
SterlingBackcheck Acquires EmployeeScreenIQ, a Global Provider of Background Screening Services
Acquisition Continues SterlingBackcheck’s Multiyear Strategy of Domestic and Global Expansion
November 03, 2015
NEW YORK–(BUSINESS WIRE)–SterlingBackcheck, one of the world’s largest background screening companies, announced today that it has acquired EmployeeScreenIQ, a global provider of employment background checks and substance abuse screening services. Terms of the transaction were not disclosed.
Based in Cleveland, Ohio, EmployeeScreenIQ serves an impressive roster of clients worldwide ranging from Fortune 100 companies to small businesses and across all industry segments. EmployeeScreenIQ was founded in 1999.
“EmployeeScreenIQ places a high value on accuracy, client service and fast turnaround time which makes them a perfect addition to SterlingBackcheck,” said Clare Hart, CEO of SterlingBackcheck. “We are pleased to welcome their employees, clients and partners to the SterlingBackcheck family.”
“EmployeeScreenIQ and SterlingBackcheck are already united by our strong client-driven cultures and our desire to provide the highest quality background check services,” said Les Fishman, chairman and chief executive officer of EmployeeScreenIQ. “By joining SterlingBackcheck, we are able to further expand the range of services and screening capabilities we offer to our customers.”
EmployeeScreenIQ joins SterlingBackcheck as it accelerates its multiyear strategy of domestic and global expansion. In June 2015, Goldman Sachs and La Caisse de dépôt et placement du Québec (CDPQ) acquired a majority interest in the company. More recently and for the fifth time since 2007,
SterlingBackcheck was named to the 2015 Inc. 5000 list of the fastest growing private U.S. companies. The company also ranked sixth on Inc.’s list of America’s 50 Fastest-Growing Women-Led Companies.
EmployeeScreenIQ helps employers make smart hiring decisions. The company achieves this through a comprehensive suite of employment background screening services including the industry’s most thorough and accurate criminal background checks, resume verification services and substance abuse screening. EmployeeScreenIQ is accredited by the National Association of Professional Background Screeners (NAPBS), a distinction earned by less than two percent of all employment screening companies. For more information, visit http://www.EmployeeScreen.com.
SterlingBackcheck delivers confident hiring for a safer, more productive world. An NABPS accredited, global background screening partner, we employ over 3,000 people in 5 countries and help over 20,000 organizations hire and retain the right people. SterlingBackcheck is trusted by more than 25% of the Fortune 100 and 20% of the FTSE 100 to deliver accurate, efficient and compliant background and drug screening services. Our teams deliver extensive expertise in screening best practices, compliance and the client and applicant experience. Connected by the world’s most robust background check technology platform, SterlingBackcheck continuously reinvests in its business, customers and communities to ensure we remain an indispensable, global leader. Visit www.sterlingbackcheck.com.
Mickey Mandelbaum, 310-785-0810
Maya Pogoda, 310-785-0810
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