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First Advantage

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First Advantage
Private company
ISIN🆔
IndustryPre-employment screening
Founded 📆2003
Founder 👔
Headquarters 🏙️Atlanta, Georgia, U.S..[1]
Area served 🗺️
Products 📟 Background Check
Members
Number of employees
4000+ (2019)
🌐 Websitewww.fadv.com
📇 Address
📞 telephone

First Advantage is a background screening company based in Atlanta, Georgia. It is a portfolio company of the Symphony Technology Group[2], which is a strategic private equity firm. On April 3, 2017[3], Scott Staples was appointed as the CEO[4]. He co-founded Mindtree Limited in 1999[5][6]. First Advantage have offices in 26 locations across 14 countries worldwide.[7]

First Advantage was awarded a bronze STEVIE® Winner for leveraging feedback analytics to drive positive change under the category of Front-Line Customer Service Team of the Year - Technology Industries in the 13th annual Stevie Awards for Sales & Customer Service, 2019.[8]

Acquisitions[edit]

First Advantage acquired Recruiternet Inc. in September 2005[9]. ITax Group was acquired by the company on April 12, 2015.[10] In 2013, the company bought LexisNexis Risk Solutions‘ employment and resident screening business[11]. LexisNexis Risk Solutions is a division of Reed Elsevier[12]. Before LexisNexis the company also acquired Findly, a requirement platform on October 1 2012[13] and on October 30, 2013 the company acquired Verifications, Inc. after entering into a definite agreement.[14]

Partnerships[edit]

First Advantage has partnered with Workday and Oracle Cloud as an integrated solution to provide background screening services.[15][16] Uber, a ride sharing and taxi services app tied up with First Advantage to conduct a background verification on all their driver partners on its platform, following the alleged rape of a 25 year old woman passenger by a driver in Delhi, India in December 2014.[17]

Trends Report[edit]

The company has been releasing their Trends Report which gives an insight into the Global Employment Screening Services market for growth and business opportunities and forthcoming market size projection[18]. Data points from First Advantage along with other background screening players like HireRight, GoodHire, Authbridge, Insperity and others are being used by marketing research companies.[19] [20]

References[edit]

  1. "Company Overview of First Advantage Corporation". Bloomberg Businessweek. Retrieved 2013-04-24.
  2. "Symphony Technology Group acquires First Advantage for $265M". www.bizjournals.com. Retrieved 2019-05-08.
  3. "STG-backed First Advantage hires Staples as new CEO". PE Hub. 2017-03-27. Retrieved 2019-05-08.
  4. "Scott Staples | First Advantage Leadership Team". India. Retrieved 2019-09-20.
  5. "Scott Staples | Mindtree". www.mindtree.com. Retrieved 2019-09-20.
  6. "Scott Staples: Executive Profile & Biography - Bloomberg". www.bloomberg.com. Retrieved 2019-05-08.
  7. "About Us | First Advantage". North America. Retrieved 2019-09-19.
  8. "2019 Stevie® Award Winners | Stevie Awards". stevieawards.com. Retrieved 2019-10-18.
  9. Mozee, Carla. "First Advantage acquires Recruiternet Inc". MarketWatch. Retrieved 2019-05-08.
  10. "First Advantage acquires ITax Group". Crunchbase. Retrieved 2019-10-18. Unknown parameter |url-status= ignored (help)
  11. "First Advantage, a Symphony Technology Group (STG) company, has entered into an agreement to acquire the employment and resident screening business of LexisNexis Risk Solutions, a division of Reed Elsevier. - Times of India". The Times of India. Retrieved 2019-05-08.
  12. "Publisher Reed Elsevier Agrees to Buy Lexis/Nexis On-Line Business". Los Angeles Times. 1994-10-05. ISSN 0458-3035. Retrieved 2019-05-08.
  13. "First Advantage acquires findly". Crunchbase. Retrieved 2019-10-18. Unknown parameter |url-status= ignored (help)
  14. "First Advantage Acquires Verifications, Inc. Building on Vision to Transform the Industry". finance.yahoo.com. Retrieved 2019-10-18.
  15. "Workday Marketplace". marketplace.workday.com. Retrieved 2019-09-19.
  16. "First Advantage Background Screening - First Advantage - Oracle Cloud Marketplace". cloud.oracle.com/marketplace. Retrieved 2019-09-19.
  17. Shrivastava, Aditi (2015-02-02). "Uber ropes in First Advantage to vet driver partners". The Economic Times. Retrieved 2019-10-18.
  18. "Global Employment Screening Services Market 2019 Growth Opportunities, Technology Advancements, Major Trends, Top Players, Developed Countries and Future Forecast 2023 « MarketersMEDIA – Press Release Distribution Services – News Release Distribution Services". marketersmedia.com. Retrieved 2019-10-18.
  19. Newman, Samantha (2019-10-17). "Employment Screening Services Market Worldwide Exploration by Top Key Players AuthBridge, DataFlow Group, Employment Screening Services, Inc, CareerBuilder". Innovative Reports. Retrieved 2019-10-18.
  20. "Global Employment Screening Service Market Analysis by Market Key Player, Product Application & Geography". Exponent Online. 2019-10-14. Retrieved 2019-10-18.

External links[edit]


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