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National firm advises on background checkers merger
An Australian firm advised RISQ Group on its acquisition by one of the world’s largest background screening companies.
Lara Bullock
Firms: Allion Legal (RISQ Group Holdings)
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Deal: RISQ Group Holdings was acquired by US company SterlingBackcheck.
Value: Undisclosed
Area: M&A
Key players: Allion Legal principal Jon Cane (pictured) led the team, with assistance from Jack Sicari and Simon Corregia.
Deal significance: SterlingBackcheck, one of the world’s largest background screening and HR solutions companies, acquired RISQ Group Holdings, an employment screening company in the Asia-Pacific region.
RISQ Group will deliver local and global background screening expertise to clients in the Asia-Pacific region as a part of SterlingBackcheck, according to Allion Legal.
“We are delighted to act for RISQ Group Holdings shareholders in its sale to SterlingBackcheck in this important acquisition which will accelerate SterlingBackcheck’s strategy of domestic and global expansion,” Allion Legal principal Jon Cane said.
