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First Advantage Completes Acquisition of Sterling Check for $2.2 Billion
First Advantage Corporation (NASDAQ: FA) has successfully completed its acquisition of Sterling Check Corp. for $2.2 billion, including assumed debt. This strategic move enhances First Advantage's global presence and product offerings in background screening and identity verification. The merger aim
Oct 31, 2024
Identity Verification
First Advantage Reports First Quarter 2024 Results
First Advantage Corporation reported its Q1 2024 financial results, showing revenues of $169.4 million and a net loss of $2.9 million due to acquisition-related costs. The company announced an adjusted net income of $24.8 million and adjusted EBITDA of $46.6 million. The acquisition of Sterling Chec
May 9, 2024
Identity Verification
Entrust Completes Acquisition of Onfido, Creating a New Era of Identity-Centric Security
Entrust, a global leader in payments, identities, and data security, has finalized the acquisition of Onfido, a premier identity verification provider. This strategic move fortifies Entrust's portfolio with the most advanced AI-powered, identity-centric security solutions, addressing the escalating
Apr 9, 2024
Identity Verification
Privacy Concerns Surge as Glassdoor Allegedly Adds Real Names to User Profiles Without Consent
The article reports concerns among Glassdoor users that their real names were added to their profiles without consent, potentially compromising anonymity. This issue surfaced when a user, Monica, noticed her full name and city on her profile after contacting Glassdoor support. Despite protests, Glas
Mar 21, 2024
Identity Verification
First Advantage to Acquire Background Check Company Sterling for $2.2 Billion in Cash and Stock
First Advantage Corporation has announced a definitive agreement to acquire Sterling Check Corp. for approximately $2.2 billion, inclusive of debt. The merger unites complementary technology and services in employment background screening and identity verification, targeting sectors like healthc
Feb 29, 2024
Identity Verification
First Advantage Reports Full Year and Fourth Quarter 2023 Results
First Advantage Corporation reported its financial outcomes for 2023, highlighting a revenue of $763.8 million and a net income of $37.3 million. The adjusted EBITDA was $237.6 million. Despite a revenue decline from the previous year, the company presented positive figures in net income and cash fl
Feb 29, 2024
Identity Verification
LinkedIn's Revenue Surpasses $15B for the First Time: Microsoft's Q4 FY23 Earnings
Microsoft announced its Q4 FY23 earnings, which included several highlights for LinkedIn. In Q4, LinkedIn's revenue increased by 5% year-over-year (7% in constant currency), surpassing $15 billion for the first time this fiscal year. Membership growth has accelerated for eight consecutive quarters,
Jul 26, 2023
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