First Advantage is a background screening and identity verification company that helps employers vet candidates and monitor existing employees. Its core services include criminal background checks, identity verification (biometric matching, facial recognition, liveness detection, and deepfake detection), employment and education credential verification, drug and health screening, and post-hire continuous monitoring of criminal records, driver records, and sanctions. First Advantage serves over 80,000 customers globally, including roughly two-thirds of the Fortune 100, across healthcare, transportation, financial services, retail, staffing, and the gig economy. The company integrates directly into customers' HR software stacks via over 100 HCM and ATS integrations, making it a built-in component of hiring workflows. First Advantage charges on a per-screen basis, so revenue moves with hiring volumes. Customer retention runs at ~96–97% annually, and the top 100 customers average over 13 years of tenure. Growth comes from three levers: base volume, upsell and cross-sell into deeper screening packages, and new enterprise logos. In October 2024, First Advantage acquired Sterling Check for $2.2B, roughly doubling its scale and broadening its customer mix. The company is currently focused on integrating Sterling and capturing $65–80M in synergies. Key strategic priorities include building out its Digital Identity product suite, expanding post-hire continuous monitoring, and growing internationally.