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Market Incident

Public · Developing

AI compiled from Infoway · 3 analyzed stories

First Advantage Acquires Data Diver Technologies, Advancing Proprietary Data And Technology Strategy >FA

First Advantage acquired Data Diver Technologies, according to the supplied headline. It says the deal advances First Advantage’s strategy of building proprietary data and technology, but provides no purchase price, timing, or further details.

Published:

Updated:

What happened

First Advantage acquired Data Diver Technologies for about $125 million. Data Diver provides a platform that gathers and delivers criminal and court records for background screening. The deal also includes a small-business screening unit, and Data Diver’s management team will remain.

Global impact / market context

The acquisition adds data and technology to First Advantage’s business. For investors, the supplied information does not say how the deal will affect costs, income, or customers, so its financial impact is not yet clear.

What to watch

  1. Check for details on how the acquired data and technology will be used, because the announcement gives no further explanation.
  2. Check for updates on the small-business screening unit, because it is included in the deal but its role is not described.
  3. Check for information about the deal’s financial effects, because no expected costs or income are provided.

Affected assets

  • Data Diver Technologies, LLC
  • First Advantage Corporation

Evidence