Press Releases

02 Sep 21
ATLANTA, Sept. 02, 2021 (GLOBE NEWSWIRE) -- First Advantage Corporation (NASDAQ: FA), a leading global provider of technology solutions for screening, verifications, safety, and compliance related to human capital, today announced management participation in the following virtual investor events:
12 Aug 21
Second Quarter 2021 Highlights (All results compared to prior-year period) Revenues increased 66.5% to $174.8 million Net income was $3.8 million, compared to a net loss of $16.4 million in the prior year period Adjusted EBITDA 1 was $56.3 million, compared to $31.7 million in the prior year period
25 Jun 21
ATLANTA, June 25, 2021 (GLOBE NEWSWIRE) – First Advantage Corporation (“First Advantage”), a leading global provider of technology solutions for screening, verifications, safety and compliance related to human capital, today announced the closing of its upsized initial public offering of 29,325,000 shares of its common stock at a price to the public of $15.00 per share, including the full exercise by the underwriters of their option to purchase up to 3,825,000 additional shares of common stock. Of the sold shares, 22,856,250 shares were sold by First Advantage and 6,468,750 shares were sold by certain existing stockholders of First Advantage. The offering was upsized 20% from the number of offered shares at launch and priced at the top of the price range indicated at launch.
22 Jun 21
ATLANTA, June 22, 2021 (GLOBE NEWSWIRE) – First Advantage Corporation (“First Advantage”), a leading global provider of technology solutions for screening, verifications, safety and compliance related to human capital, today announced the pricing of its upsized initial public offering of 25,500,000 shares of common stock at a price to the public of $15.00 per share. Of the offered shares, 19,875,000 shares are being sold by First Advantage and 5,625,000 shares are being sold by certain existing stockholders of First Advantage. First Advantage and the selling stockholders granted the underwriters in the offering a 30-day option to purchase up to an additional 3,825,000 shares of common stock, of which, up to 2,981,250 shares would be sold by First Advantage and up to 843,750 shares would be sold by certain existing stockholders of First Advantage.
14 Jun 21
ATLANTA, June 14, 2021 (GLOBE NEWSWIRE) First Advantage Corporation, a leading global provider of technology solutions for screening, verifications, safety and compliance related to human capital, today announced the launch of the initial public offering of 21,250,000 shares of its common stock, of which 17,750,000 shares of common stock will be sold by First Advantage and 3,500,000 shares of common stock will be sold by certain existing stockholders of First Advantage. First Advantage and the selling stockholders expect to grant the underwriters in the offering a 30-day option to purchase up to an additional 3,187,500 shares of common stock, of which, up to 2,662,500 shares of common stock would be sold by First Advantage and up to 525,000 shares of common stock would be sold by certain existing stockholders of First Advantage. The estimated initial public offering price is between $13.00 and $15.00 per share. First Advantage has applied to list its shares on the Nasdaq Global Select Market under the symbol “FA”.
06 Apr 21
ATLANTA and NOTTINGHAM, U.K., April 06, 2021 (GLOBE NEWSWIRE) — First Advantage, a leading global provider of technology solutions for background screening, verifications and compliance, announced that it has acquired the U.K. background screening business of GB Group Plc (GBG), a global digital identity and location services provider. The acquisition expands First Advantage’s footprint and extends its capabilities in the U.K. and EMEA. Existing and new customers will benefit from First Advantage’s global coverage, customer-centric support model and ongoing commitment to investing in technology and innovation.