Sterling Infosystems Acquires Checkwell Solutions Corporation (“BackCheck”) - April 19, 2012
Combines with BackCheck to Become North America’s Leading Background Checking Company
NEW YORK, April 19, 2012 –Sterling Infosystems, Inc., a company owned by management and Calera Capital, a San Francisco based private equity firm, today announced it has acquired Vancouver, Canada based BackCheck. BackCheck, a provider of background checking products and services, is the market leader in Canada and one of the largest providers in the United Kingdom. Sterling, already one of the largest background checking companies in the world, is now the largest within North America and is well positioned for future growth.
William Greenblatt, Founder and CEO of New York City-headquartered Sterling, said, “BackCheck and Sterling will bring together the strengths of two organizations that are leaders in their respective markets. Both organizations have a passion for excellence in customer service, and for innovating new products and technologies that help our customers meet their organizational goals. Not only will we create a true North American leader, our complementary business units in Europe and Southeast Asia will also combine to provide global service with local knowledge.”
According to Dave Dinesen, founder and CEO of BackCheck, “We have been asked countless times to provide services on a North American basis – so many companies have operations or talent pools on both sides of the border. Together, we can deliver best in class background checking services for Canadian and American employers, without compromising the need for local sensitivity in the areas of privacy, legislative compliance, and data security. Combined, we can offer more value, more technology innovation and improved access to services in North America as well as enhanced global background checking.”
About Sterling Infosystems:
Sterling Infosystems, Inc., founded in 1975, is one of the largest background checking companies in the world. Sterling offers a broad range of services, including employment-screening services, corporate due diligence, background investigation services, occupational health services, and employment-related business tax consulting in the United States and in over 200 countries and territories. Known for its industry leading turnaround times, customer service and expertise in customizing solutions for industry specific needs, Sterling has 11,000+ clients across the globe that range from leading Fortune 500 firms to small and medium sized businesses and Not-for-Profit organizations. For additional information, visit www.sterlinginfosystems.com.
About Calera Capital
Founded in 1991, Calera Capital is a private investment firm that has managed approximately $2.8 billion of capital. With offices in San Francisco and Boston, Calera invests across a diverse range of industries including business services, financial services, food and consumer, healthcare, building products, and industrial manufacturing. Calera Capital makes substantial equity investments in operating companies, typically with enterprise values up to $1 billion, and seeks to build long-term sustainable value by working with management teams to implement strategic and operating initiatives.For additional information, visit http://www.caleracapital.com/.
BackCheck, founded in 1997, is Canada’s largest provider of background checking services, and one of the largest providers of background checking in the United Kingdom. Led by Founder and CEO Dave Dinesen, BackCheck serves nearly two thirds of the Financial Post 100, as well as thousands of Not-for-Profit organizations, medium and small businesses, and government. The first company to deliver background check results securely online in Canada and to offer a completely online criminal record check, BackCheck has continued technology innovation with the goal of maintaining the highest security, greatest customer satisfaction, and delivering the fastest results. For additional information, visit http://www.backcheck.net/.
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BackCheck Press Contact: