Key Takeaways Rising demand for digital identity and outsourced screening, driven by remote work and complex regulations, is increasing revenue growth and pricing power. Strategic technology investments and acquisitions are improving efficiency, diversifying revenue, and enabling higher margins and earnings visibility.Read more
Key Takeaways Global hiring trends and rising regulatory scrutiny position First Advantage for above-market growth, with strong recurring revenue from compliance-focused, tech-integrated screening solutions. Industry consolidation and the shift to gig work favor large-scale providers, enabling First Advantage to capture more enterprise deals, drive upselling, and achieve greater margin expansion.Read more
Key Takeaways Integration of Sterling may initially impact net income due to transaction financing and share issuance effects. Shift to lower-margin services and acquisition impacts could lower EBITDA margins, pressuring profitability.Read more
First Advantage Corporation provides employment background screening, identity, and verification solutions worldwide. It offers pre-onboarding products and solutions, such as criminal background checks, drug/health screening, extended workforce screening, FBI channeling, identity checks and biometric fraud mitigation tools, education/work history verification, driver records and compliance, healthcare credentials, executive screening, and other screening products. The company also provides post-onboarding solutions, including criminal records monitoring, I-9 verification, healthcare sanctions, motor vehicle records, social media screening, and global sanctions and licenses; and other products comprising fleet/vehicle compliance, hiring tax credits and incentives, resident/tenant screening, and investigative research. Its products and solutions are used by personnel in recruiting, human resources, risk, compliance, vendor management, safety, and/or security in global enterprises, mid-sized, and small companies. The company was formerly known as Fastball Intermediate, Inc. and changed its name to First Advantage Corporation in March 2021. First Advantage Corporation was founded in 2002 and is based in Atlanta, Georgia.
