First Advantage Acquires AI And Automation Data Platform Provider Data Diver Technologies For ~$125M
Benzinga Newsdesk 8 hours ago
M&ANews
Over two decades, Data Diver Technologies has built a proprietary data platform powered by an automated fulfillment engine that collects, aggregates, retains, and delivers high-volume criminal and court records to
Over two decades, Data Diver Technologies has built a proprietary data platform powered by an automated fulfillment engine that collects, aggregates, retains, and delivers high-volume criminal and court records to support fast and accurate background screening. The acquisition includes a small employment background screening component focused on the small and medium-sized business market, which First Advantage plans to integrate into its broader business. The management team will remain with First Advantage to support continuity of business operations and continued growth as well as maintain customer relationships.
First Advantage currently has more than one billion records in its proprietary databases, and Data Diver Technologies further expands the Company’s data and technology capabilities through automated collection and broader coverage across U.S. jurisdictions. The combination is expected to enhance fulfillment workflows, advance product innovation, and strengthen First Advantage’s ability to deliver faster, more efficient screening outcomes.
