Saturday, February 23, 2008

First Advantage Acquisition

Mumbai: The Nasdaq listed First Advantage Corporation has acquired Verify Ltd, an employment screening company for an undisclosed amount.

The acquisition further extends First Advantage’s ability to deliver its global talent acquisition solutions, especially in the high growth countries of Malaysia and China, Ashish Dehade, Managing Director, said.

Based in Kuala Lumpur, Malaysia and with offices in India, Hong Kong, Japan and China, Verify is the second largest background-screening firm in Asia. “Verify offers great extension to our customer base and terrific management, and together we have the opportunity to continue to grow our international presence and cross-sell industry leading products and services,” First Advantage President and Chief Executive Officer, Anand Nallathambi, said.

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