Scottsdale, Arizona-based Universal Background Screening, which is backed by SNH Capital Partners, has acquired Ohio-based OPENonline, a provider of employment background checks and investigative services. No financial terms were disclosed.
PHOENIX, ARIZ. (PRWEB) JULY 16, 2020
Universal Background Screening (“Universal”), headquartered in Scottsdale, Arizona, is pleased to announce the acquisition of Ohio-based OPENonline, a leading provider of employment background checks and investigative services. The combined company, which will operate under the Universal brand, will leverage deep industry expertise and award-winning scaled operations centers and advance Universal’s position as the nation’s leader in background screening.
“We are excited to have OPENonline join Universal. The synergy was compelling: both companies are members of the select 6% of background screening providers that are accredited by the Professional Background Screening Association (PBSA), and both companies are deeply committed to providing and outstanding experience for our customers,” said Dan Filby, CEO of Universal.
Having now closed on its fourth acquisition in the background screening industry, this merger represents the next phase of Universal’s development as a market leader. The integration furthers Universal’s commitment to producing a better candidate experience and helps recruiters move candidates through the hiring process more quickly.
“The combination of OPENonline and Universal joins two brands with a focus on compliance and a commitment to high-touch customer service. OPENonline’s caliber of service is demonstrated in the length and quality of their customer relationships and we are excited to continue the legacy that their founders have built,” said Ramya Varma, Vice President at SNH Capital Partners. “We look forward to continuing to partner with high-quality, founder-led businesses to build an industry-leading organization that delivers value through customer-centricity and technological innovation.”
About Universal Background Screening
Universal Background Screening, an SNH Capital Partners portfolio company, is an industry-leading provider of employment background screening solutions including employment background checks, drug testing, physical exams, and compliance management solutions. Universal’s services help clients enhance workplace security, reduce liability, improve stability, and increase productivity and cost savings in their candidate selection and hiring process. Universal was recognized as the #1 Enterprise Background Screening Firm in HRO magazine’s 2019 Customer Satisfaction Ratings, which also marked the 10th consecutive year that Universal has been recognized as a leader in HRO Today’s annual Baker’s Dozen Customer Satisfaction Rankings for Pre-Employment Screening. For more information, please visit https://universalbackground.com/.
About SNH Capital Partners
SNH Capital Partners is a U.S.-based, private investment firm focused on investing in the middle-market. SNH’s long-dated hold strategy allows the firm to support leadership teams over time, develop active strategic presence in each of its key industries, and grow platforms across target sectors. By generating annual earnings growth through operational excellence and optimal capital redeployment, SNH’s portfolio companies continue to scale, both organically and strategically, supported by top-tier performance of SNH as benchmarked against private equity returns. For more information, please visit http://www.snhcapitalpartners.com.