First Advantage offers its customers more than a century's worth of experience delivering information to enterprises of every size. Our majority shareholder, First American Corporation (NYSE: FAF), is one of the nation's leading providers of business data, tracing its history to 1889. The First American Corporation and US Search.com Inc., one of the nation's most recognized providers of location, verification and screening services, agreed in December 2002, to merge their screening and information businesses to form a new company, First Advantage Corporation (NASDAQ:FADV).
The merger, concluded on June 5, 2003, combined the companies in First American's
Screening Information group with US Search and its employment screening subsidiary.
The combination of these businesses created a new public corporation, with
revenues in excess of $150 million in 2002 and anticipated long-term growth
of 20 percent annually. At formation, First Advantage was approximately 80
percent owned by The First American Corporation.
First Advantage joined together several industry leaders - companies best
known by their original names:
- HireCheck and Professional Resource Screening (PRSI) -- employment-screening services
- Substance Abuse Management Inc. and Employee Health Programs - substance-abuse screening and workplace services
- American Driving Records -- motor vehicle record services
- First American Registry and SafeRent -- resident-screening services
- US SEARCH.com -- consumer location, verification, and screening services
First Advantage continues to grow with the acquisition of other screening-related companies, including:
- Landlord Protect - resident screening services
- Infocheck, Ltd. - employment screening services
- Liberatore Services, Inc. - employment-screening and due diligence services
- Total Information Source, Inc. - employment screening services
- Continental Compliance Systems - drug-free workplace programs
- Employee Information Services, Inc. - occupational health services
- Omega Insurance Services - investigative services
- Greystone Health Sciences - occupational health services
- Agency Records, Inc. - motor vehicle record services
- MedTech Diagnostics, Inc. - occupational health services
- Credential Check & Personnel Services, Inc. - employment screening services
- Quantitative Risk Solutions LLC - supply chain loss risk mitigation services
- Proudfoot Reports Incorporated - employment screening services
- MVRS, Inc. - motor vehicle record services
- Business Information Systems, Inc. - employment screening services
