Kroll Acquires Leading West Coast Background Screening Company
March 06, 2006
New York, NY
Kroll Inc., the global risk consulting company, announced today that it has completed the acquisition of InfoLink Screening Services, Inc. (http://www.infolinkscreening.com
), a leading, privately-held background screening company headquartered in Chatsworth, Calif., a Los Angeles suburb. InfoLink will operate as the West Coast hub office for Kroll’s Background Screening division, which is headquartered in Nashville, Tenn. Terms of the acquisition were not disclosed.
“Today, demand for employee background screening services continues to rise due to new legislation and concerns about workplace security,” said Simon Freakley, chief executive officer of Kroll Inc. “The acquisition of InfoLink reflects Kroll’s strategy of acquiring successful, best-of-breed companies that provide a competitive advantage and secure Kroll’s leadership in key markets.”
InfoLink, which employs a staff of 114 at its Chatsworth facility, was founded in 1994 by Barry and Leslie Nadell. Its president, Barry Nadell, is a recognized leader in the employee screening industry. One of the top background screening companies in California, InfoLink provides employee background checks and related services such as drug testing, Form I-9 employment eligibility verifications, and pre-employment physical examinations. Its clients consist of a diverse mix of West Coast-based companies, including those in the hospitality, retail, health care, and employment sectors.
“The addition of InfoLink greatly enhances our West Coast client base and sales channels. It is an outstanding company with expert management and first-rate staff who share Kroll’s commitment to quality customer service,” said A. Michael Rosen, president of Kroll’s Background Screening division. “We are delighted that the members of the management team will continue in their current roles and lead InfoLink’s integration with Kroll.”
"This union with Kroll is an exciting opportunity for our customers and employees alike,” said InfoLink’s Barry Nadell. “Clients will be able to benefit from Kroll’s broad range of complementary risk mitigation services, while continuing to receive the same competitive pricing and level of customer support that has distinguished our business. InfoLink employees can look forward to the many benefits and opportunities presented by being part of a much larger, global organization.”
Kroll Inc., the world's leading risk consulting company, is a wholly-owned subsidiary of Marsh & McLennan Companies, Inc. (NYSE: MMC), the global professional services firm. Headquartered in New York, Kroll provides a wide range of investigative, intelligence, financial, security and technology services through offices in more than 65 cities in over 25 countries. Kroll’s Background Screening division is comprised of Kroll Background America, Inc., based in Nashville, Tenn., and other Kroll subsidiaries in Canada, the United Kingdom, Poland, India and South Africa. In the United States, the Background Screening division provides employee and vendor background investigations and identity theft services. It serves a wide range of corporate, government and non-profit clientele, most notably those in financial services and highly regulated industries such as health care and transportation.
About InfoLink Screening Services
InfoLink Screening Services is a leading provider of employment background checks, drug testing, physical exams and Form I-9 eSolutions. Thousands of companies nationwide rely on InfoLink before they finalize their hiring decisions. InfoLink's exceptional service, fast turnaround, legal compliance and accuracy enable companies to Hire with Confidence®. For more information, visit http://www.infolinkscreening.com
or call 800-990-HIRE (4473).
Portico Capital Securities LLC served as financial advisor to Marsh & McLennan Companies, Inc. with respect to this transaction.