Sterling Check Corp. Acquires Socrates Ltd.

January 4, 2023

Sterling Check Corp. (NASDAQ: STER) acquired Socrates Ltd., described as Latin America’s largest independent background screening company, to expand Sterling’s presence into Brazil, Colombia and Mexico. The acquisition, funded with cash on Sterling’s balance sheet, brings Socrates’ regional screening capabilities and management team into Sterling to accelerate growth in Latin America.

Buyers
Sterling Check Corp.
Targets
Socrates Ltd.
Industry
Staffing & HR
Location
Brazil
Transaction Type
Buyout

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