Southfield, MI – March, 2016 – P&M Corporate Finance ("PMCF") 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 in 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.
"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 PMCF to serve as the exclusive financial advisor for the transaction. Goldberg noted, “PMCF was an extremely valuable partner throughout this process, providing critical support every step of the way. I would highly recommend PMCF to any company considering a potential transaction.”
Aurico is an NAPBS accredited and ISO 9001:2008 certified background screening and drug testing company. Founded in 1991, Aurico provides clients with high-quality screening, compliance support, and paperless solutions. Ranked #1 Overall two years in a row on HRO Today’s Baker’s Dozen Customer Satisfaction list of top screening providers, Aurico is a leader in customer service. Its award-winning WebACE™ screening platform is pre-integrated with applicant tracking systems for efficient screening. As a winner of the BBB Torch Award for Marketplace Ethics, Aurico exemplifies the highest standards in ethical behavior and business practices towards its customers, employees, and communities. Learn more: www.aurico.com
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. For more information, visit www.careerbuilder.com.
PMCF is a middle market investment bank providing merger and acquisition advisory services to companies in North America and Europe. PMCF provides a broad range of services including sale advisory, acquisition advisory, capital raising, and strategic advisory. The firm has dedicated industry teams providing services to the plastics and packaging, medical technology, industrials, and business services industries. PMCF has offices in Chicago and Detroit and around the globe via its Corporate Finance International associates. For more information, visit www.pmcf.com.