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SterlingBackcheck Completes Merger with TalentWise - January 27, 2016

The Addition of TalentWise Solidifies SterlingBackcheck’s Leadership in Global Background Screening and Employee Onboarding Solutions

NEW YORK, January 27, 2016 – SterlingBackcheck, one of the world’s largest background screening companies, announced today that it has completed its merger with TalentWise, one of the most innovative and fastest growing companies in the background screening industry. The merger was first announced on Jan. 6, 2016. Terms of the transaction were not disclosed.

Through the merger, SterlingBackcheck is combining TalentWise’s leading cloud-based, client-facing technology with its recognized best-in-class screening platform, which will result in an unparalleled customer experience and additional service offerings. As one company, SterlingBackcheck and TalentWise will be able to provide clients with broader support throughout the hiring process and help Human Capital Management professionals build and maintain compliant workforces.

“The combination of the two companies results in an enhanced technology platform which gives our global customer base improved service, enhanced compliance solutions, and a variety of new offerings,” said SterlingBackcheck chief executive officer, Clare Hart. “Thanks to the hard work and dedication of both the SterlingBackcheck and TalentWise management and technology teams, we expect this integration to be a seamless process that will not impact our operations. We look forward to rolling out our new, modernized technology platform to customers.”

In keeping with SterlingBackcheck’s multiyear strategy of domestic and global expansion, the TalentWise merger marks the company’s ninth M&A transaction in recent years. This further strengthens the company and allows it to accelerate growth by developing new, innovative products that meet the many unmet needs of the global human resources community.

About TalentWise

TalentWise, a leading cloud solutions provider for the Human Capital Management industry is transforming how HR screens and onboards new hires from offer letter to day one. The TalentWise Cloud is built on a foundation of compliance, embracing federal, state, and local government regulations; industry standards; and corporate policies. The single solution unifies HR systems and tasks, delivering a streamlined workflow. HR can have more confidence, breathe easier and deliver an awesome new hire experience. Recognitions include: "Top 10 Provider" in HRO Today's Baker's Dozen for seven consecutive years; Red Herring Top 100 North America and Global, and Inc. 5000, North America 2015. For more information about TalentWise, please visit http://www.talentwise.com.

About SterlingBackcheck

SterlingBackcheck delivers confident hiring for a safer, more productive world. An NABPS accredited, global background screening partner, we employ over 3,000 people in 5 countries and help over 20,000 organizations hire and retain the right people. SterlingBackcheck is trusted by almost 30% of the Fortune 500 and 20% of the FTSE 100 to deliver accurate, efficient and compliant background and drug screening services. Our teams deliver extensive expertise in screening best practices, compliance and the client and applicant experience. Connected by an advanced background check technology platform, SterlingBackcheck continuously reinvests in its business, customers and communities to ensure we remain an indispensable, global leader. Visit www.sterlingbackcheck.com