On the Record · First Advantage
First Advantage acquisitions, on the record
The businesses First Advantage bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Sterling Check Corp.Word for word“The cash-and-stock transaction (the “Acquisition”) values Sterling at approximately $2.2 billion.” 10-K for 2023 | agreed acquisition | — | approximately $2.2 billion |
United Kingdom background screening business unit of a United Kingdom-based companyWord for word“In March 2021, the Company completed its acquisition of selected assets and specified liabilities comprising the United Kingdom background screening business unit of a United Kingdom-based company.” 10-K for 2023 | acquisition | March 2021 | — |
MultiLatin Advisors, S.A. de C.V.Word for word“In November 2021, the Company acquired 100% of the equity interest of MultiLatin Advisors, S.A. de C.V. (“MultiLatin”), a Mexico-based background screening and verifications provider.” 10-K for 2023 | acquisition | November 2021 | — |
Corporate Screening Services, LLCWord for word“In November 2021, the Company acquired 100% of the equity interest of Corporate Screening Services, LLC (“Corporate Screening”), a U.S.-based healthcare and higher education focused screening and compliance solutions provider headquartered in Cleveland, Ohio.” 10-K for 2023 | acquisition | November 2021 | — |
Form I-9 Compliance (“Form I-9”)Word for word“In January 2022, the Company completed its asset acquisition of Form I-9 Compliance (“Form I-9”), a U.S.-based technology solution and consulting service provider for I-9 and E-Verify compliance.” 10-K for 2023 | acquisition | January 2022 | — |
U.S.-based digital identity and biometrics solutions company (trade name Infinite ID)Word for word“In September 2023, the Company acquired 100% of the equity interest of a U.S.-based digital identity and biometrics solutions company.” 10-K for 2023 | acquisition | September 2023 | — |
Infinite IDWord for word“In September 2023, the Company acquired 100% of the equity interest of a U.S.-based digital identity and biometrics solutions company.” 10-K for 2025 | acquisition | September 2023 | — |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Goodwill from acquisitions |
|---|---|---|
| 2019-12-31 | $0 | — |
| 2020-12-31 | $0 | — |
| 2021-12-31 | $48.9 million | — |
| 2022-12-31 | $19.1 million | $9.1 million |
| 2023-12-31 | $41.1 million | $26.5 million |
| 2024-12-31 | $1.62 billion | $1.31 billion |
| 2025-12-31 | $0 | — |
Deal filings since 2016
- 2025-08-04 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2024-10-31 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2024-10-31 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2024-03-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-08-12 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2021-06-25 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from First Advantage’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-26. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.