HR Plus is a provider of background screening, drug and occupational health screening and fingerprinting services. The company was formerly a division of Allied Barton Security Services. HR Plus is based in Chicago (www.hrplus.com).
Sterling Infosystems is one of the largest background check companies in the world. Calera Capital acquired the company in December 2010. Sterling was founded in 1976 by William Greenblatt and is based in New York (www.sterlinginfosystems.com).
“The acquisition of HR Plus is another important step towards our goal of building the world’s largest and most sophisticated background check company. We’re delighted to welcome the HR Plus customers and team to the Sterling family,” said Mr. Greenblatt
Calera Capital, formerly known as Fremont Partners, invests from $50 million to $250 million in companies with enterprise values up to $1 billion that operate in a range of industries, including financial services, business services, food and consumer, healthcare, building products, and industrial manufacturing. Calera was founded in 1991 and has offices in San Francisco and Boston (www.caleracapital.com).
© 2013 PEPD • Private Equity’s Leading News Magazine • 10-7-13