Accurate Background Acquires Vero Screening, The Uk’S Largest Independent Employment Screening Provider
Jul 19, 2022•about 3 years ago
Acquiring Company
Accurate Background
Acquired Company
Vero Screening
Professional ServicesMobile
Description
Accurate Background, the largest privately held provider of compliant background checks, drug and health screening, and monitoring solutions, today announced it signed and closed the acquisition of Vero Screening Ltd., the UK’s largest independent employment screening provider. The acquisition continues Accurate’s global expansion strategy, deepens its EMEA market footprint and expands its portfolio of compliance-driven and service-focused employment screening solutions. Vero will continue to operate under its own brand led by Rupert Emson, co-founder and CEO. Emson will join Accurate’s executive leadership team, reporting to CEO Tim Dowd.
FundzWatch™ Score
80
High M&A Activity
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed