General Atlantic and Stone Point Acquire HireRight for ~$1.7B

June 28, 2024

Investment funds affiliated with General Atlantic and Stone Point Capital completed an all-cash merger to acquire HireRight Holdings Corporation for an enterprise value of approximately $1.7 billion (cash consideration of $14.35 per share). HireRight, a Nashville-based provider of global background screening and workforce risk-management solutions serving roughly 37,000 customers, will be taken private and its common stock has ceased trading on the NYSE.

Buyers
General Atlantic, Stone Point Capital
Targets
HireRight Holdings Corporation
Sellers
HireRight stockholders
Industry
Staffing & HR
Location
Tennessee, United States
Transaction Type
Buyout

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