News Release
January 14, 2021
Croft & Bender Serves as Financial Advisor to Employment Screening Services, LLC, on its Merger with Global HR Research, a Portfolio Company of Renovo Capital
has merged with
ESS is a leading tech-enabled services company in the employment screening industry.
About
Employment Screening Services is a leading tech-enabled services company in the employment screening industry. The Company provides employment screening services, including advanced data- and health-related services such as background checks, drug testing, driving records checks, employment and education verifications, electronic employee eligibility verifications, and various industry-specific compliance and screening solutions.
Situation
Croft & Bender was engaged to help the Company evaluate strategic alternatives, including a majority recapitalization or strategic merger of the business. Croft & Bender worked with the Company to build a financial model, develop marketing materials, conduct management presentations, manage the diligence process, and negotiate with buyers.
Result
Croft & Bender successfully negotiated the merger of the Company with Global HR Research, a portfolio company of Renovo Capital.