Sterling Check Corp. Acquires Vault Workforce Screening

Sterling Check Corp. Acquires Socrates Ltd.

January 4, 2023

Staffing & HR

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.

WorkforceQA Acquires Corporate Medical Services

February 9, 2023

Healthcare Services

WorkforceQA has acquired Corporate Medical Services (CMS), a Chattanooga-based third-party administrator specializing in drug & alcohol testing, MRO and occupational testing programs. The deal expands WorkforceQA's service capabilities and customer base (CMS serves over 4,000 companies and processes ~100,000 screens annually); WorkforceQA is a platform backed by private equity firm Hamilton Robinson Capital Partners.

Equifax Acquires Vault Verify

November 18, 2025

Professional Services

Equifax has completed the acquisition of Vault Verify, a provider of real-time, API-based employment and income verification services. The deal integrates Vault Verify into Equifax's Workforce Solutions unit to expand The Work Number's verification capabilities, data sources, and employer data submission options.

Cross Country Healthcare Acquires Workforce Solutions Group, Inc.

June 8, 2021

Healthcare Services

Cross Country Healthcare, Inc. completed an asset acquisition of Workforce Solutions Group, Inc. (WSG) effective June 8, 2021, paying $25.0 million in cash and $5.0 million in stock with up to $15.0 million in earn-out consideration. The deal was financed in part by a new $100.0 million second-lien term loan and brings WSG's home‑care and managed‑service capabilities into Cross Country's workforce solutions portfolio; Blackstone also entered Cross Country's capital structure to support the company's acquisition strategy.

Lincolnshire Management Acquires Powerhouse and Security Vault Works

October 18, 2019

Industrial Services

Lincolnshire Management invested in Powerhouse and Security Vault Works (SVW), combining the businesses to create a national provider of refresh, remodel and facilities maintenance services. VSS completed a concurrent minority investment in Powerhouse and WP Global Partners also co-invested, with the combined platform employing more than 650 workers and leveraging a nationwide subcontractor network.

Sterling Healthcare Logistics Acquires ABS Vaccines

December 16, 2020

Healthcare Services

Sterling Healthcare Logistics has acquired ABS Vaccines to expand its healthcare supply chain and contracting capabilities. The acquisition adds ABS Vaccines' vaccine and pharmaceutical contract negotiation and group purchasing capabilities to Sterling's ACXSS software and ACXSS365 contract/GPO offering, strengthening Sterling's services for health systems and provider groups.