Potter Anderson Serves as Delaware Counsel in HireRight/US Investigations Services Merger

Earlier this week, US Investigations Services, LLC, and HireRight, Inc. announced that the companies signed a definitive agreement to merge through a transaction valued at approximately $195 million.  Potter Anderson & Corroon served as Delaware counsel to USIS, a leading provider of pre-employment and drug testing screening solutions and the largest provider of security investigations to the federal government. The transaction is expected to close in the third quarter of this year. 

Potter Anderson partners Michael B. Tumas and Michael K. Reilly served as counsel.

Headquartered in Falls Church, Va., USIS  has more than 7,000 employees that support business operations in all 50 states, U.S. territories, and overseas. USIS was formed in July 1996 following a White House initiative that led to the establishment of US Investigations Services, Inc. (USIS) as the first privatization of a government program into the private sector. Today, the company is owned by Providence Equity Partners, the largest global private equity firm dedicated to investing in the media, information services and communications industries.