Background check powerhouse Talentwise sells to SterlingBackcheck in ‘significant’ exit
Talentwise, the Seattle area company that helps employers complete background checks on potential recruits, has been acquired SterlingBackcheck. Terms of the deal were not disclosed, though Talentwise founder Naveen Jain said it was a “significant exit” that was at least two times bigger in size than Intelius, the consumer-oriented company that Jain also founded and which sold last year to private equity firm H.I.G for $ 100 million to $ 200 million. Talentwise split into an independent company a few years ago with its own management team, though Jain remained the largest shareholder. Talentwise raised $ 25 million in 2013, and it has… Read More
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