Sterling Check Corp., a New York-based background screening provider, acquired Socrates Ltd., a Latin American employee screening company with offices in Brazil, Colombia and Mexico, in an all-cash transaction.

Socrates provides criminal background checks, employment and education verifications and credit checks. With the acquisition, Socrates’ management team will join Sterling’s executive team.

“This is an incredible opportunity to expand Sterling’s presence into a region with rapidly increasing hiring demand across our clients, especially in financial services and technology,” Sterling Check CEO Josh Peirez said.

The deal expands Sterling’s global footprint into Latin America.

Sterling Check Corp., founded in 1975, conducted more than 95 million searches in the year ended December 31, 2021.