Accurate Background Acquires Orange Tree Employment Screening

IRVINE, CA / ACCESSWIRE / June 4, 2024 / Accurate Background, the largest privately held and minority-owned global provider of compliant background checks, drug and health screening, and workforce monitoring solutions, today announced it has acquired Orange Tree Employment Screening, a technology-driven background screening provider.

The acquisition of Orange Tree, which offers highly complementary background screening services to employers in key markets, including healthcare, solidifies Accurate's position as a global leader in employment screening, and furthers its vision to make every hire the start of a success story.

"Accurate is committed to continually advance the screening experience for our clients and their candidates through exceptional service, compliance expertise, and innovative technology. We evaluate every business opportunity through this lens," said Tim Dowd, CEO of Accurate Background. "Known for speed, simplicity, and outstanding service, Orange Tree complements our values and key business priorities."

"We're thrilled to expand our service capabilities as part of the Accurate team," said Renee Ernste, CEO of Orange Tree. "From Accurate's customer-focused support and innovative, entrepreneurial mindset to the company's global reach, the benefits of this acquisition for our clients and employees are numerous and certain."

Financial terms of the transaction were not disclosed. Barclays served as financial advisor to Accurate, and Jones Day provided legal counsel for Accurate. Stifel advised Orange Tree on the transaction, and Fredrickson & Byron provided legal counsel for Orange Tree.