San Diego-based background screening PeopleFacts announced March 7 it acquired TRAK-1, a screening firm in Oklahoma.
PeopleFacts is a portfolio company of SNH Capital Partners I LP, a private equity firm with offices in San Francisco, Las Vegas and San Diego.
Financial terms were not disclosed.
Dan Shoemaker, CEO of PeopleFacts, called the acquisition a "transformative" one for the San Diego company.
"TRAK-1 will help improve the client and applicant experience through seamless workflows and efficiently expedite the decision-making process,” Shoemaker said. The Oklahoma company operates proprietary software for employment screening.
Once combined, PeopleFacts and TRAK-1 will serve more than 10,000 companies in every U.S. state, the companies said.
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