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SterlingBackcheck, TalentWise join forces

January 08, 2016

Background screening company SterlingBackcheck agreed to merge with Seattle-based TalentWise and will integrate TalentWise’s cloud-based client-facing technology with its screening platform.

Terms of the transaction were not disclosed. The deal is expected to be finalized in a few weeks.

The companies will determine a long-term brand strategy and company name over the next few months.

SterlingBackcheck customers will have access to the TalentWise onboarding solution and its workflow and electronic forms capabilities.

The deal brings TalentWise access to SterlingBackcheck proprietary CourtDirect criminal records delivery platform, while TalentWise benefits from new offerings including global screening and fingerprinting.

The firms will combine and accelerate their research and development groups. 

This is SterlingBackcheck’s ninth M&A transaction in recent years and follows SterlingBackcheck’s November acquisition of Cleveland-based EmployeeScreenIQ, a provider of employment background checks and substance abuse screening services.

The merchant banking division of Goldman Sachs and La Caisse de dépôt et placement du Québec in June acquired a majority interest in SterlingBackcheck. Goldman Sachs and CDPQ replaced Calera Capital, a private equity firm based in San Francisco and Boston.