GlobeNewswire Inc | Dec 1, 2021 07:00AM EST

December 01, 2021

ATLANTA, Dec. 01, 2021 (GLOBE NEWSWIRE) -- First Advantage Corporation (NASDAQ: FA), a leading global provider of technology solutions for screening, verifications, safety and compliance related to human capital, announced that it has completed the acquisitions of Corporate Screening Services, Inc., a healthcare and higher education focused screening and compliance solutions provider headquartered in Cleveland, Ohio, and MultiLatin Advisors, S.A. de C.V, a screening and verifications provider based in Mexico City, Mexico.

We are excited to welcome the Corporate Screening and MultiLatin teams to the First Advantage family, and we look forward to working together to grow our businesses, said Scott Staples, Chief Executive Officer. These acquisitions align with our capital allocation priorities and will provide us with accelerated vertical expertise, product innovation and international expansion.

About First Advantage

First Advantage (NASDAQ: FA) is a leading global provider of technology solutions for screening, verifications, safety and compliance related to human capital. The Company delivers innovative solutions and insights that help customers manage risk and hire the best talent. Enabled by its proprietary technology platform, First Advantages products and solutions help companies protect their brands and provide safer environments for their customers and their most important resources: employees, contractors, contingent workers, tenants and drivers. Headquartered in Atlanta, Georgia, First Advantage performs screens in over 200 countries and territories on behalf of its more than 30,000 customers. For more information about First Advantage, visit the Companys website at https://fadv.com/.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include all statements that are not historical facts. The words believe, may, will, estimate, continue, anticipate, intend, expect and similar expressions are intended to identify forward-looking statements. These forward-looking statements are subject to various risks, uncertainties, assumptions, or changes in circumstances that are difficult to predict or quantify, including those described under the Risk Factors section in our prospectus, dated November 10, 2021, filed with the Securities and Exchange Commission (the SEC) pursuant to Rule 424(b)(4) of the Securities Act of 1933, as such factors may be updated from time to time in our periodic filings with the SEC, which are accessible on the SECs website at www.sec.gov. The forward-looking statements included in this press release are made only as of the date of this press release, and we undertake no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments, or otherwise, except as required by law.

Contacts

Investors:Stephanie D. Gorman Vice President, Investor Relations Stephanie.Gorman@fadv.com (888) 314-9761

Media: Elisabeth WarrickSenior Brand Communications Manager Elisabeth.Warrick@fadv.com(888) 314-9761