What did Accurate announce?
Accurate announced it has signed a definitive agreement to acquire CBES from CareerBuilder. The combined entity will operate under the Accurate Background brand and will create a uniquely positioned company focused on customer service, candidate experience and delivery at scale. In addition, through a strategic partnership agreement, CareerBuilder will offer Accurate’s employment screening services as part of their Hello to Hire program.
Who is Accurate?
Accurate is a trusted provider of automated workforce screening. U.S. and international clients across all industries, from emerging businesses to Fortune 500 companies, rely on their compliant solutions. Accurate Background is accredited by the Professional Background Screening Association and has been recognized by Inc. 5000, Deloitte Technology Fast 500, and the Workforce Hotlist.
Who is CareerBuilder Employment Screening (CBES)?
CBES is a national provider of background screening services accredited by the Professional Background Screening Association (PBSA) and serves a number of industries including staffing, retail, technology, transportation, healthcare, financial & insurance, and energy. A subsidiary of CareerBuilder, a global, end-to-end human capital solutions company, CBES is a winner of eight consecutive Baker’s Dozen Awards for Customer Satisfaction.
What does the acquisition mean for Accurate’s customers?
The acquisition of CBES, which offers highly complementary background screening and drug-testing services to employers in the U.S. and abroad, is expected to strengthen Accurate’s pre-and post-employment screening leadership and accelerate the company’s mission to deliver the industry’s most innovative and comprehensive screening services.
When will Accurate and CBES be integrated?
The transaction is expected to close towards the end of Q1 2020. The integration process will occur throughout 2020.
Why is Accurate acquiring CBES?
Accurate is acquiring CareerBuilder’s background screening operation to propel its growth and strengthen its position in pre- and post-employment screening. In addition to sharing a customer-first orientation and operational philosophy, CBES will bring a solid brand reputation, a comprehensive product line, strong middle market sales capabilities and a number of Fortune 500 clients. Over time, this acquisition will enable Accurate to bring our clients additional value as we deliver, at scale, one of the most comprehensive offerings in the industry.
Who can I contact for more information?
For more information on Accurate’s intent to acquire CBES, email firstname.lastname@example.org