Deal Snapshot
ACCURATE BACKGROUND TO ACQUIRE CAREERBUILDER EMPLOYMENT SCREENING
Friday 07 February 2020

California-based automated workforce screening solutions company Accurate Background has agreed to acquire background screening and drug testing provider CareerBuilder Employment Screening (CBES) from CareerBuilder to strengthen Accurate's pre-and post-employment screening leadership services, the company said.
The transaction is expected to close in 1Q20. Financial terms of the transaction were not disclosed. The transaction will be supported by an investment from the Apax Digital Fund, the technology-focussed growth equity fund advised by global private equity advisory firm Apax Partners.


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Details
Date Published: 07/02/2020
Target: CareerBuilder Employment Screening (CBES)
Country: USA
Sector: Business and Consumer Services
Type: LBO
Financing:
Status: Agreed
Vendor: CareerBuilder
Buyer: Accurate Background
Buyer Advisor: Barclays , Stifel , Latham and Watkins , Simpson Thacher and Bartlett
Comment:
Terms of the deal were not disclosed

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