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Articles from HireRight Holdings Corporation

HireRight Announces Completion of Acquisition by General Atlantic and Stone Point Capital
HireRight Holdings Corporation (“HireRight” or the “Company”), a leading provider of global background screening services and workforce solutions, today announced the completion of its sale to investment funds affiliated with General Atlantic, L.P. (“General Atlantic”) and Stone Point Capital LLC (“Stone Point”, and together with General Atlantic, the “Sponsors”) in an all-cash merger transaction representing a total enterprise value of approximately $1.7 billion. As previously disclosed, HireRight stockholders voted to approve the transaction at the Company’s Special Meeting of Stockholders on June 21, 2024.
HireRight Reports First Quarter 2024 Results
HireRight Holdings Corporation (NYSEHRT) ("HireRight" or the "Company"), a leading provider of background screening services, today announced financial results for its first quarter ended March 31, 2024.
HireRight Reports Fourth Quarter and Full-Year 2023 Results
HireRight Holdings Corporation (NYSEHRT) ("HireRight" or the "Company"), a leading provider of background screening services, today announced financial results for its fourth quarter and year ended December 31, 2023.
By HireRight Holdings Corporation · Via Business Wire · March 12, 2024
HireRight Launches Virtual I-9 Solution
HireRight Holdings Corporation (NYSEHRT), a leading provider of global background screening services and workforce management solutions, today announced the launch of its new Virtual I-9 solution. With HireRight’s Virtual I-9 Service, candidates no longer have to present their documentation in-person for verification by their prospective employer or their authorized representative, which can be inconvenient, time-consuming, and could ultimately delay a candidate’s start date.
By HireRight Holdings Corporation · Via Business Wire · February 26, 2024
HireRight to be Acquired by General Atlantic and Stone Point Capital
HireRight Holdings Corporation (NYSEHRT) (“HireRight” or the “Company”), a leading provider of global background screening services and workforce solutions, today announced that it has entered into a definitive agreement to be acquired by investment funds affiliated with General Atlantic, L.P. (“General Atlantic”) and Stone Point Capital LLC (“Stone Point” and together with General Atlantic, the “Sponsors”). The Sponsors are currently the beneficial owners of approximately 75% of the Company’s outstanding shares of common stock. Under the terms of the agreement, the Sponsors will acquire all of the outstanding shares they do not already own for $14.35 per share in cash, which implies a total enterprise value of approximately $1.65 billion.
By HireRight Holdings Corporation · Via Business Wire · February 16, 2024
HireRight Receives Non-Binding Acquisition Proposal from General Atlantic and Stone Point Capital
HireRight Holdings Corporation (NYSEHRT) (“HireRight” or the “Company”), a leading provider of global background screening services and workforce solutions, announced today that it has received a non-binding proposal from General Atlantic, L.P. (“General Atlantic”) and Stone Point Capital LLC (“Stone Point”), and their respective affiliated funds (collectively, the “Sponsors”), to acquire all of the Company’s outstanding shares of common stock that are not already owned by the Sponsors for $12.75 in cash per share.
By HireRight Holdings Corporation · Via Business Wire · December 11, 2023
HireRight Launches New Global Digital Identity Solution
HireRight Holdings Corporation (NYSEHRT), a leading provider of global background screening services and workforce solutions, today announced the launch of its new global identity verification solution, Global ID.
By HireRight Holdings Corporation · Via Business Wire · December 7, 2023
HireRight Reports Third Quarter 2023 Results
HireRight Holdings Corporation (NYSEHRT) ("HireRight" or the "Company"), a leading provider of background screening services, today announced financial results for its third quarter ended September 30, 2023.
By HireRight Holdings Corporation · Via Business Wire · November 7, 2023
HireRight Launches Brazil Entity, Strengthening Market Position in Latin America
HireRight Holdings Corporation (NYSEHRT) ("HireRight”), a leading provider of global background screening services and workforce solutions, is excited to announce the launch of its operational entity in Brazil, marking a significant milestone in its regional expansion strategy. With this move, HireRight aims to enhance its support for customers hiring in Brazil, as well as throughout Latin America.
By HireRight Holdings Corporation · Via Business Wire · November 6, 2023
HireRight Completes Refinancing of First Lien Senior Secured Term Loan
HireRight Holdings Corporation (NYSEHRT) ("HireRight" or the "Company"), a leading provider of background screening services, today announced the closing of the refinancing and upsizing of its first lien senior secured term loan facility as well as an upsizing of its revolving credit facility.
By HireRight Holdings Corporation · Via Business Wire · September 29, 2023
HireRight and Oracle Partner in ISV Accelerator Program
HireRight Holdings Corporation (NYSEHRT), a leading provider of global background screening services and workforce solutions and a member of Oracle PartnerNetwork (OPN), today announced its enrollment in the Oracle Independent Software Vendor (ISV) Accelerator Program. With expertise in integrations with Oracle Human Capital Management (HCM) solutions, HireRight continues to bring the power of a global background screening, drug screening, and Form I-9 and E-Verify solutions to the Oracle marketplace.
By HireRight Holdings Corporation · Via Business Wire · September 19, 2023
HireRight Board of Directors Authorizes Additional $25 Million Share Repurchase Program
HireRight Holdings Corporation (NYSEHRT) ("HireRight" or the "Company"), a leading provider of background screening services, today announced its Board of Directors has authorized an additional $25 million share repurchase program.
By HireRight Holdings Corporation · Via Business Wire · September 12, 2023
HireRight Reports Second Quarter 2023 Results
HireRight Holdings Corporation (NYSEHRT) ("HireRight" or the "Company"), a leading provider of background screening services, today announced financial results for its second quarter ended June 30, 2023.
By HireRight Holdings Corporation · Via Business Wire · August 8, 2023
HireRight Acquires Majority Share of DTIS
HireRight Holdings Corporation (NYSEHRT) ("HireRight”), a leading provider of global background screening services and workforce solutions, today announced the acquisition of a majority share of Digital Trusted Identity Services, LLC (“DTIS”), an FBI-approved channeler (which submits fingerprints to the FBI and receives FBI criminal history record information) specializing in collecting and processing biometric and biographical data.
HireRight Board of Directors Authorizes Additional $25 Million Share Repurchase Program
HireRight Holdings Corporation (NYSEHRT) ("HireRight" or the "Company"), a leading provider of background screening services, today announced its Board of Directors has authorized an additional $25 million share repurchase program.
HireRight Reports First Quarter 2023 Results
HireRight Holdings Corporation (NYSEHRT) ("HireRight" or the "Company"), a leading provider of background screening services, today announced financial results for its first quarter ended March 31, 2023.
HireRight Honored with Two Stevie® Awards from The American Business Awards
HireRight Holdings Corporation (NYSEHRT), a leading provider of global background screening services and workforce solutions, was named the winner of two Stevie® Awards in The 2023 American Business Awards®.
HireRight Announces Appointment of Independent Director Venkat Bhamidipati
HireRight Holdings Corporation (NYSEHRT) today announced the appointment of Venkat Bhamidipati to its Board of Directors, effective immediately. He will also serve on HireRight’s Audit Committee. Mr. Bhamidipati most recently held the role of executive vice president and chief financial officer at McAfee Corp. until its acquisition in 2022. In this role, he oversaw the finance, IT, and security operations strategy and teams that supported McAfee’s business worldwide.
HireRight Acquires Inquiro Vitae, Strengthening Latin American Offering
HireRight Holdings Corporation (NYSEHRT) ("HireRight”), a leading provider of global background screening services and workforce solutions, today announced it has completed the acquisition of Inquiro Vitae, a background screening provider based in Argentina, allowing more targeted local support for its customers hiring not only in Argentina, but across Latin America.
HireRight Reports Fourth Quarter and Full-Year 2022 Results
HireRight Holdings Corporation (NYSEHRT) ("HireRight" or the "Company"), a leading provider of background screening services, today announced financial results for its fourth quarter and year ended December 31, 2022.
HireRight to Attend 25th Annual Needham Growth Conference
HireRight Holdings Corporation (NYSEHRT) ("HireRight" or the "Company"), a leading provider of background screening services, today announced that its President and Chief Executive Officer, Guy Abramo, and its Chief Financial Officer, Tom Spaeth, will be presenting at the 25th Annual Needham Growth Conference, taking place in New York City on Tuesday January 10, 2023 at 3:45 PM Eastern Time.
By HireRight Holdings Corporation · Via Business Wire · January 3, 2023
HireRight Board of Directors Authorizes $100 Million Share Repurchase Program
HireRight Holdings Corporation (NYSEHRT) ("HireRight" or the "Company"), a leading provider of background screening services, today announced its Board of Directors has authorized a two-year $100 million share repurchase program.
By HireRight Holdings Corporation · Via Business Wire · November 14, 2022
HireRight Reports Third Quarter 2022 Results
HireRight Holdings Corporation (NYSEHRT) ("HireRight" or the "Company"), a leading provider of background screening services, today announced financial results for its third quarter ended September 30, 2022.
By HireRight Holdings Corporation · Via Business Wire · November 3, 2022
HireRight Reports Second Quarter 2022 Results
HireRight Holdings Corporation (NYSEHRT) ("HireRight" or the "Company"), a leading provider of background screening services, today announced financial results for its second quarter ended June 30, 2022.
By HireRight Holdings Corporation · Via Business Wire · August 4, 2022
HireRight Reports First Quarter 2022 Results
HireRight Holdings Corporation (the "Company") (NYSEHRT) ("HireRight" or the "Company"), a leading provider of background screening services, today announced financial results for its first quarter ended March 31, 2022.
HireRight Reports Fourth Quarter 2021 Results
HireRight Holdings Corporation (the "Company") (NYSEHRT) ("HireRight" or the "Company"), a leading provider of background screening services, today announced financial results for its fourth quarter and year ended December 31, 2021. The Company completed its IPO in November 2021.
By HireRight Holdings Corporation · Via Business Wire · March 21, 2022
HireRight Reports Third Quarter 2021 Results
HireRight Holdings Corporation (the "Company") (NYSEHRT) ("HireRight" or the "Company"), a leading provider of background screening services, today announced financial results for its third quarter ended September 30, 2021.
By HireRight Holdings Corporation · Via Business Wire · November 18, 2021