Clarendon Lawyers recently advised Sterling Infosystems, Inc. (Sterling), a subsidiary of Sterling Talent Solutions (formerly SterlingBackCheck), on the legal aspects of its acquisition of RISQ Group, an industry leader in employment background checks across the Asia-Pacific region. The deal completed on 31 May 2016.
The transaction, which involved the acquisition of the Australian head company and subsidiaries in China, Hong Kong, Singapore, Malaysia and New Zealand, extends Sterling’s presence in the AsiaPacific region and is another step in its domestic and global expansion to become the global leader in background screening and HR solutions.
The Clarendon Lawyers team was led by Directors, Tony Symons and Robert Josephs, who were assisted by Senior Associate, Billy Dwyer and Associate, Alexandra Gleed.
In discussing the acquisition, Tony Symons said, “it is always great to support an international client on the execution of its global expansion strategy in this part of the world. It was particularly satisfying for us to be able to draw on our connections throughout the Asia-Pacific region to co-ordinate the acquisition of the non-Australian target subsidiaries. This is a great example of our ability to handle complex crossborder deals and another reminder that these transactions are not solely the domain of the larger firms.”
About Sterling Talent Solutions
Sterling Talent Solutions is one of the world’s largest background screening and HR solutions companies. It assists employers across the globe to make hiring decisions through a comprehensive suite of employment background screening services. Sterling Talent Solutions is accredited by the National Association of Professional Background Screeners, a distinction earned by fewer than ten percent of all employment screening companies.