Employment Screening Resources (ESR) is a Service Providing of ClearStar
Written By ClearStar
ClearStar, Inc. (“ClearStar”), a number one supplier of Human Capital Integrity℠ technology-based companies, specializing in background and medical screening, is happy to announce it has acquired Employment Screening Resources (ESR), a extremely revered background screening agency. This transaction is ClearStar’s second acquisition up to now 120 days and is a part of an ongoing progress technique geared in the direction of buying and integrating best-in-class capabilities to ship high-quality, cutting-edge companies for brand new and current prospects.
“Orchestrating acquisitions which rigorously align with our technique, exceptionally excessive service requirements, and core values is an integral a part of our progress plan. ESR, like ClearStar, has demonstrated a dedication to business innovation, service excellence, and strict compliance. Each firms are founding members of the NAPBS (now the PBSA) and have partnered to strengthen our business. This partnership comes full-circle immediately,” mentioned Chad Parodi, Chief Govt Officer of ClearStar.
With ESR’s base of operations on the West Coast, this acquisition will strengthen ClearStar’s capacity to function coast-to-coast, increasing its capability to proceed to ship high-quality customer support throughout all 50 states and past. Each firms have a really loyal buyer base that may profit from combining ESR’s strengths in areas resembling real-time compliance with ClearStar’s strengths in areas like candidate-friendly cell options. The alternatives to combine and cross-sell seamless, easy-to-use, next-generation options, reflecting one of the best of each firms, can be a catalyst for progress and a driver of future synergies.
Les Rosen, ESR’s founder, and CEO, and business pioneer, commented, “I’m completely delighted that ESR is becoming a member of the ClearStar household. I’ve collaborated with ClearStar for the previous twenty years and I’m assured that this merger will create immense worth for our prospects. ESR’s service excellence and ClearStar’s modern and scalable expertise platform will allow the mixed firm to ship distinctive service choices to prospects.”
ClearStar’s management workforce, and the corporate’s house owners, Hanover Traders, view this acquisition as another step on the journey to scale the enterprise and set up ClearStar because the undisputed answer and repair chief, elevating the efficiency bar for the business.
John Woodard, ClearStar’s Chairman and Senior Associate of Hanover Traders, commented, “This acquisition of ESR represents one other piece of the ClearStar technique falling into place as we glance to catalyze progress and improve the corporate’s worth.”
Mintz served as authorized advisor to ClearStar for the transaction and ESR was represented within the sale course of by Cherie Smith Homa and acquired authorized recommendation from Miles & Stockbridge.
ClearStar, Inc., a Hanover Traders portfolio firm, is a number one supplier of Human Capital Integrity™ technology-based companies specializing in background and medical screening. It gives employment intelligence on to employers and by way of channel companions/client reporting businesses (“CRAs”) to assist higher recruitment and different employee-related choices by rising info high quality, reliability, and visibility.
A seven-time Inc. 5000 honoree and founding member of the Skilled Background Screening Affiliation, ClearStar has supplied modern expertise options to companies within the human capital administration business from its company places of work in Alpharetta, Georgia, since 1995. For extra details about ClearStar, please go to www.clearstar.net.
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Hanover Traders, a specialist investor headquartered within the UK, operates firms with actions throughout the globe. Hanover combines analytical rigor and adaptability in execution to create a repeatable mannequin of profitable funding choice. A deep understanding of an organization’s operational and strategic context is on the middle of the agency’s funding course of, refined over many years of hands-on administration of small to mid-size organizations.
Hanover focuses on an funding’s fundamental levers of worth creation, offering its portfolio with entry to confirmed “playbooks” and a Hanover bench of specialists. This method has delivered a market-leading document of returns for over 20 years. For extra info, go to www.hanoverinvestors.com.
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