Equifax Acquires Vault Verify

PSG Makes Growth Investment in Vault Verify

August 19, 2021

Cloud & SaaS

Vault Verify, a New Smyrna Beach-based HR technology company that automates employee and income verifications via API integrations, received a significant growth investment from PSG. PSG will take board seats (Adam Marcus and Govind Anand) with Brian Kelly joining as chairman, and the capital will be used to accelerate product innovation, expand channel partner relationships and enhance go-to-market efforts; financial terms were not disclosed.

Equifax Acquires Efficient Hire

February 7, 2022

Cloud & SaaS

Equifax has completed the acquisition of Efficient Hire, a Denver-based provider of cloud recruiting, onboarding and HR management solutions. The addition bolsters Equifax Workforce Solutions' employer services portfolio, expanding capabilities for hourly employers in industries such as restaurants, staffing, building services, senior care and hospitality.

Equifax Acquires Health e(fx)

August 9, 2021

Cloud & SaaS

Equifax has acquired Health e(fx), a provider of Affordable Care Act (ACA) management software and workforce analytics, to expand capabilities within its Workforce Solutions business. The acquisition adds Health e(fx)'s cloud-native ACA platform and service capabilities — including offices in Minneapolis, Minnesota and Thunder Bay, Ontario — to Equifax's HR, payroll and benefits offerings.

Equifax Acquires Kount for $640M

January 8, 2021

Cybersecurity

Equifax has signed a definitive agreement to acquire Kount, an AI-driven fraud prevention and digital identity provider, for $640 million. The acquisition expands Equifax's digital identity and fraud-prevention capabilities by integrating Kount's Identity Trust Global Network and product suite into Equifax's Luminate platform; Kount employees will join Equifax's USIS unit and remain based in Boise, Idaho.

Sterling Check Corp. Acquires Vault Workforce Screening

January 2, 2024

Healthcare Services

Sterling Check Corp. (NASDAQ: STER) acquired Vault Workforce Screening, a U.S. clinic management platform with a network of approximately 17,000 clinics, to expand its drug and health testing capabilities and in‑source key components of its supply chain. The acquisition is expected to add $40–50 million of annualized revenue and be accretive to Sterling's adjusted EPS in 2024 while enabling enhanced delivery of occupational health, MRO, and after‑hours scheduling services for employers in healthcare, transportation, and other regulated industries.

Experian Acquires Tax Credit Co. from VSS Capital Partners

April 1, 2021

Accounting & Tax

Experian acquired Tax Credit Co. (TCC), a national provider of tax incentive and employment verification technology-enabled services, from VSS Capital Partners. The acquisition supports Experian's newly formed Employer Services business and brings TCC's WOTC, VOE, R&D and other incentives capabilities into Experian's employer-focused offerings.