Sterling Check Corp., a New York-based background screening and identity verification provider, acquired Vault Workforce Screening, a background and occupational healthcare solutions provider based in Florida.

“The acquisition of Vault extends Sterling’s drug and health testing capabilities with a broader range of clinical options, delivery channels and service models,” Josh Peirez, CEO of Sterling, said in a press statement. “This acquisition builds scale within the attractive healthcare and industrial verticals, enabling Sterling to better meet hiring demands and drive growth, consistent with our long-term strategy to expand through organic revenue growth and strategic M&A.”

Founded in 1988, Vault Workforce Screening provides background screening, drug testing and clinic management. The acquisition adds a network of 17,000 clinics to Sterling’s existing drug and health services.

Sterling reported the acquisition will enable it to deliver additional screening solutions for employers in healthcare, transportation and other regulated industries where staffing challenges are most acute. In addition, the acquisition is expected to contribute $40 million to $50 million of annualized revenue to Sterling in 2024.

The acquisition calls for Vault’s management team and employees to transition to Sterling.

Terms of the transaction were not announced.