HireRight and GIS to Merge
Strategic combination brings together innovative technology and tailored solutions to create preeminent single global background screening and talent acquisition platform
Irvine, CA/ Chapin, S.C., May 25, 2018 – HireRight and General Information Services (“GIS”) announced today a definitive agreement under which HireRight and GIS will merge. HireRight and GIS are both leading providers of background screening and talent acquisition services including background checks, drug testing, driving records, employment and education verification, electronic onboarding, and a variety of industry-specific compliance and screening solutions. Leveraging HireRight’s advanced client and applicant background screening tools and GIS’ reputation for dedicated customer service, the combination will create the preeminent background screening company, providing innovative solutions for customers while expanding geographic and sector diversification.
“Together with HireRight, we will offer an enhanced suite of integrated screening, monitoring, and risk management solutions on a global scale to a broader set of customers,” said Guy Abramo, CEO of GIS. “With our shared commitment to user experience, innovation, and technology, our customers will receive the highest quality solutions in the industry.” Mr. Abramo will serve as the CEO of the newly formed holding company for the combined enterprise.
“GIS has a rich history of superior customer focus with recognized customer service excellence, mirroring HireRight’s top values and aligning well with our global footprint, operational platform, and award-winning Applicant Center,” said Jurgen Leijdekker, CEO of HireRight. “Together, the two companies will bring unparalleled capabilities, expertise, and experience to customers and applicants around the world.”
The combined company will serve more than 200 countries and deliver an industry-leading suite of customer solutions across all sectors, including healthcare, technology, financial services, transportation, education, retail, and staffing. The merger accelerates a united strategy building upon HireRight’s strong integration into over 25 applicant tracking systems (ATS) and GIS’ recent investments in additional research and development to enhance product offerings and operational efficiency. The combined company will remain dedicated to providing the highest quality of service in the industry.
Mr. Abramo added, "This merger represents an opportunity to bolster our presence across geographies, industry sectors, and product lines. As we expand our platform, customer service will continue to be our competitive differentiator. We look forward to using our increased scale and global reach to deepen our relationships with customers."
The transaction, which is expected to close during the third quarter of 2018, is subject to regulatory approvals and other customary closing conditions.
HireRight delivers global employment background checks, drug testing, employment and education verification, and electronic onboarding and compliance solutions through an innovative platform to help companies hire the right candidates. HireRight helps companies grow successfully, and efficiently, no matter their size or where they operate. HireRight offers extensive screening solutions that can be tailored to the unique needs of the organization, giving employers additional peace of mind about their people and vetting processes. HireRight’s platform can be integrated with existing HR platforms, making it easy to use and giving candidates the best possible experience. HireRight is headquartered in Irvine, CA, with offices around the globe. Learn more at www.hireright.com.
About GIS (General Information Services)
For more than 50 years, GIS has been helping companies mitigate risk and hire smarter. As an NAPBS-accredited employment background screening company, GIS provides best-in-class screening services (including comprehensive national and international background check solutions and industry-specific services) to thousands of companies nationwide. For more information about GIS and its products or services, visit www.geninfo.com.
HireRight is a leading provider of on-demand employment background checks, drug and health screening, and electronic Form I-9 and E-Verify solutions that help employers automate, manage and control background screening and related programs.
Release Date: May 25, 2018