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HireRight Acquired for $1.7 Billion by General Atlantic and Stone Point Capital
HireRight Holdings Corporation has finalized its acquisition by General Atlantic and Stone Point Capital in an all-cash transaction valued at $1.7 billion. The merger, approved by HireRight stockholders on June 21, 2024, converts all outstanding shares into a cash payout of $14.35 per share. As a re
Jun 28, 2024
HireRight
HireRight Reports First Quarter 2024 Results
HireRight Holdings Corporation reported its Q1 2024 financial results, revealing a slight decrease in revenue to $173.2 million from $175.4 million the previous year, and a net loss of $3.3 million, an improvement over last year's $7.9 million loss. Adjusted EBITDA rose to $40.3 million from $33.0 m
May 7, 2024
HireRight
HireRight Launches Virtual I-9 Solution
HireRight Holdings Corporation introduces its Virtual I-9 Service, a revolutionary solution allowing employers to remotely verify candidates' identity and employment authorization documents through live video calls. This service, developed in collaboration with GryphonHR, supports the U.S. Departme
Feb 26, 2024
HireRight
HireRight Embarks on a New Chapter: $1.65 Billion Acquisition by Leading Investment Giants
HireRight Holdings Corporation, a leader in global background screening services and workforce solutions, has announced its acquisition by investment funds affiliated with General Atlantic and Stone Point Capital. This strategic move, valued at approximately $1.65 billion, promises to deliver a sign
Feb 16, 2024
HireRight
HireRight Acquires Majority Share of DTIS
Nashville, Tenn. — July 6, 2023 — HireRight Holdings Corporation (NYSE: HRT), a leading provider of global background screening services and workforce solutions, today announced the acquisition of a majority share of Digital Trusted Identity Services, LLC (“DTIS”), an FBI-approved chan
Jul 6, 2023
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