First Advantage Buys Firms Amid Sector Growth

Summary


First Advantage still has a big appetite. The company, which offers a wide range of business data services, has bought five firms so far this year in the field of employment screening. First Advantage is majority-owned by the First American Corp, which provides business information including real estate data. For the first quarter of 2006, employer services operations raked in revenue of $39.7 million, up from $29.9 million in the first quarter of 2005. First Advantage's total revenue for the quarter was $194.3 million. Compliance and liability concerns are key factors behind the growth of the employment background checking industry, National Association of Professional Background Screeners co-chairman Barry Nadell says.

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First Advantage Buys Firms Amid Sector Growth

First Advantage still has a big appetite. The company, which offers a wide range of business data services, has bought five firms so far this year in the field of employment screening.

The late...

See the full content of this document

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