socalTechnews
Home
Mobile
News and Events
  • Headlines
  • Events
  • Interviews
  • Jobs
  • Directory
  • Members Only
  • Networking
  • Venture Deals
  • Venture Firms
  • Companies
  • About
  • Membership
  • About
  • Contact Us
  • Search News
    Tuesday, June 10, 2008

    HireRight In $195M Merger


    Irvine-based HireRight, and Virginia-based US Investigations Services, LLC, a provider of pre-employment, security investigations, and other services for the federal government, said Monday afternoon that the two have signed a definitive agreement to merge in a $195M transaction. According to the firms, USIS will pay HireRight stockholders $15.60 per share in cash for HireRight, which will become part of the USIS Commercial Services Division. HireRight is a provider of employment background screening services. HireRight was advised by Creidt Suisse and Dorsey & Whitney LLP in the deal; USIS, which is owned by Providence Equity Partners, was advised by Lehman Brothers, Portico Capital Securities LLC, and Debevoise & Plimpton LLP.
    posted on Tuesday, June 10, 2008

    Related companies:
    HireRight

    Related stories:
    > HireRight Hires Sales VP
    > HireRight Names CFO
    > HireRight Files For IPO
    > HireRight Targets Small Businesses
    > HireRight Sets IPO Terms

    RSS subscri
be via emailEmail


    Previous news:

    Friday, October 10, 2008
    Wednesday, October 8, 2008
    Tuesday, October 7, 2008
    Monday, October 6, 2008
    Friday, October 3, 2008