Vero Screening | Accurate
finnCap Cavendish, part of finnCap Group plc, is pleased to announce it has advised on the sale of Vero Screening, the UK’s largest independent employment screening provider, to Accurate Background, the largest privately held provider of compliant background checks, drug and health screening, and monitoring solutions in the USA.
Founded in 2006, Vero Screening is a UK-based supplier of screening services that provides expert knowledge and world-class service for clients in 200+ countries, with specialty in the financial services, banking, legal, professional services and technology sectors.
Vero Screening will continue to operate under its own brand and to be led by co-founder and CEO Rupert Emson who will join Accurate’s executive leadership team
The deal was led by Mark Kingston, Partner and Head of Human Capital M&A at finnCap Cavendish, supported by Mike Dinsdale (Director) and Hugh Ripley (Senior Associate).
Rupert Emson, Co-founder-CEO of Vero Screening, commented:
“In an industry where candidate and client experience are paramount, Accurate and Vero are aligned with a focus on service excellence and a safer hiring process from start to finish. Today marks a new chapter for our business and our team, and we look forward to joining the Accurate family, to advance the screening experience and expand our global footprint in highly regulated, compliance-driven vertical markets.”
Tim Dowd, CEO of Accurate Background, commented:
“We are committed to leading the industry in global employment screening by continuing to provide exceptional candidate and client experience, compliance expertise and technological innovation. With the addition of Vero Screening, Accurate continues our global expansion to meet the needs of global multinational organizations as they quickly onboard talent and manage risk with industry-leading screening and monitoring services.”
Mark Kingston, Partner & Head of Human Capital M&A at finnCap Cavendish commented:
“We are delighted to have advised the Vero team on their deal with Accurate. In a rapidly consolidating sector, Vero stood out as being one of only a handful of premium independent assets and we are delighted to have achieved a deal for the shareholders that fully reflects this.”
“We engaged with finnCap Cavendish over 18 months ago to help us prepare for sale. The team’s sector specialist advice and guidance, combined with astute management of every aspect of the transaction process, delivered an exceptional deal that has surpassed all expectation, our shareholders are delighted”.
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