Aurico Reports and Aurico Investigations has been acquired by CareerBuilder
Southfield, MI – CFI USA (P&M Corporate Finance LLC) is pleased to announce that it served as the exclusive financial advisor to Aurico Reports and Aurico Investigations (“Aurico” or the “Company”) of Arlington Heights, Illinois on its successful sale to CareerBuilder of Chicago, Illinois.
Aurico is a recognized leader in background screening and drug-testing services. Over the last 25 years, Aurico has delivered comprehensive background screening and drug-testing services, building a strong reputation for exceptional service, quality and screening automation. Focused on enhancing efficiencies during the onboarding process and providing a good candidate experience, Aurico’s solutions help companies meet compliance standards and feel more confident about their hiring choices.
As the global leader in human capital solutions, CareerBuilder specializes in cutting-edge HR software as a service to help companies with every step of the recruitment process from acquire to hire. CareerBuilder works with top employers across industries, providing job distribution, sourcing, workflow, CRM, data and analytics in one pre-hire platform. It also operates leading job sites around the world. Owned by TEGNA Inc. (NYSE:TGNA), Tribune Media (NYSE:TRCO), and The McClatchy Company (NYSE:MNI), CareerBuilder and its subsidiaries operate in the United States, Europe, South America, Canada, and Asia.
“Background screening is an essential part of recruitment, and a natural extension of CareerBuilder’s product line,” said Matt Ferguson, CEO of CareerBuilder and co-author of The Talent Equation. “Aurico has differentiated itself in the market with great customer service and leading-edge technology that we can easily integrate into our software solutions. Working together, we can move people along the hiring process faster and with greater convenience for both employers and candidates.”
“CareerBuilder is a well-known, trusted, global technology leader that shares our passion for innovation and customer service,” said Ben Goldberg, CEO of Aurico. “Becoming a part of the CareerBuilder family will enable us to quickly scale our business and bring new options to our clients. None of Aurico’s competitors will be able to match our comprehensive service platform.”
Aurico selected Matt Jamison and Matt Rupprecht’s Business & Technology Services Group to serve as the exclusive financial advisor for the transaction. Goldberg noted, “They were an extremely valuable partner throughout this process, providing critical support every step of the way. I would highly recommend Matt Jamison and Matt Rupprecht’s Business & Technology Services Group to any company considering a potential transaction.”
The transaction closed in March 2016.
The testimonials may not be representative of the experience of other clients and are no guarantee of future performance or success.
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This transaction was advised by:
Matt Jamison
Partner, Managing Director
Matt Rupprecht
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