UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported): September 17, 2007
FIRST ADVANTAGE CORPORATION
(Exact Name of Registrant as Specified in Its Charter)
| Delaware | 001-31666 | 61-1437565 | ||
| (State or Other Jurisdiction of incorporation) |
(Commission File Number) | (IRS Employer Identification Number) |
100 Carillon Parkway
St. Petersburg, Florida 33716
(Address of principal executive offices)
(727) 214-3411
(Registrant’s telephone number)
Not Applicable.
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions ( see General Instruction A.2 below):
| ¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 5.02(b), (c) (Departure of Certain Officers; Appointment of Certain Officers)
On September 17, 2007, Andrew Macdonald was appointed to the position of senior vice president of corporate development to direct and manage First Advantage Corporation’s strategic acquisition related initiatives. Reporting to President and CEO, Anand Nallathambi, Mr. Macdonald will be part of the corporate executive team. In addition to this promotion, Mr. Macdonald will continue to serve as group president of First Advantage’s Investigative and Litigation Support Services segment.
The September 17, 2007 press release announcing the appointment of Mr. Macdonald is attached hereto as Exhibit 99. 1.
| Item 9.01. | Financial Statements and Exhibits. |
(a) Not applicable.
(b) Not applicable.
(c) Not applicable.
(d) Exhibit:
| Exhibit No. | Description | |
| 99.1 | Press release dated September 17, 2007 |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized.
| FIRST ADVANTAGE CORPORATION | ||||
| Date: September 17, 2007 |
By: | /s/ Julie Waters | ||
| Name: | Julie Waters | |||
| Title: | Vice President and General Counsel | |||
Exhibit 99.1
100 Carillon Parkway Ÿ St. Petersburg, FL 33716
NEWS FOR IMMEDIATE RELEASE
| Contacts: | ||
| Henri Van Parys | Cindy Williams | |
| Corporate Communications Manager | Investor Relations Manager | |
| 727.214.1072 | 727.214.3438 | |
| henri.vanparys@FADV.com | clwilliams@FADV.com |
FIRST ADVANTAGE AFFIRMS GROWTH STRATEGY BY
APPOINTING ANDREW MACDONALD AS SENIOR VICE PRESIDENT OF
CORPORATE DEVELOPMENT
ST. PETERSBURG, Fla., Sept. 17, 2007 — First Advantage Corporation (NASDAQ: FADV), a global risk mitigation and business solutions provider, today announced that Andrew Macdonald has been promoted to the position of senior vice president of corporate development to direct and manage the company’s strategic acquisition related initiatives. Reporting to President and CEO Anand Nallathambi, Macdonald will be part of the corporate executive team.
“Going forward, strategic acquisitions and partnerships will be areas of heightened corporate focus,” said Nallathambi. “Andy has been instrumental in both accelerating the growth of the Investigative and Litigation Support Services segment and directing many of our previous acquisitions. We are leveraging his talents by giving him responsibility for this key initiative.”
Under Macdonald’s leadership, the Investigative and Litigation Support Services segment revenue has increased from $34.6 million in 2005 to $59.2 million in 2006 and to $34.2 million in the first six months of 2007, while operating margins have increased from 6.1 percent in 2005 to 19.3 percent in the first half of 2007. He has been instrumental in bringing in tenured leadership to manage the companies in this segment, and these leaders will continue to run the businesses with his oversight.
Macdonald joined First Advantage in 2002 through the acquisition of Employee Health Programs, where he was president and chief executive officer. He is a member of the Oxford College Board of Counselors and a director of Best Practices, LLC, a Bethesda, Md. health sciences company. He has a bachelor’s degree in Business Administration from Emory University.
About First Advantage Corporation
First Advantage Corporation (NASDAQ: FADV) combines industry expertise with information to create products and services that organizations worldwide use to make smarter business decisions. First Advantage is a leading provider of consumer credit information in the mortgage, automotive and specialty finance markets; business credit information in the transportation industry; lead generation services; motor vehicle record reports; supply chain security consulting; employment background verifications; occupational health services; applicant tracking systems; recruiting solutions; skills and
behavioral assessments; business tax consulting services; insurance fraud, corporate and litigation investigations; surveillance; computer forensics; electronic discovery; data recovery; due diligence reporting; resident screening; property management software; renters insurance and consumer location services. First Advantage ranks among the top companies in all of its major business lines. First Advantage is headquartered in St. Petersburg, Fla., and has more than 4,700 employees in offices throughout the United States and abroad. More information about First Advantage can be found at www.FADV.com.
First Advantage is a majority-owned subsidiary of The First American Corporation (NYSE: FAF), a FORTUNE 500® company that traces its history to 1889. First American is America’s largest provider of business information, supplying businesses and consumers with valuable information products to support the major economic events of people’s lives. Additional information about the First American Family of Companies can be found at www.firstam.com.
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