Cripps advises on sale of leading background screening company
Cripps Pemberton Greenish’s corporate team has advised the shareholders of Credence Background Screening Limited on the sale of the company to Canadian private equity-backed Certn Holdings Inc.
Kent-based Credence is one of the longest established companies in the background screening industry, operating since 1995 and serving a client base that includes organisations throughout Europe, the Middle East, the US, Asia and Australia. Its clients also span a wide range of industries including financial services, industrial, business services, property management, education and IT.
Cripps Pemberton Greenish advised the shareholders on all UK legal aspects of the transaction, working alongside Canadian-based law firm Farris LLP. Corporate finance advice was provided by Kent-based Castle Corporate Finance.
The Cripps team was led by Salim Somjee and included Beth Barns-Graham, Tom Newlyn (corporate), Claire Durkin (real estate), Patrick Glencross (employment) and Phil Bilney (commercial).
Commenting on the legal support provided, Hedley Clark, owner and Managing Director of Credence, said: “Cripps managed the sale with efficiency and focussed on looking after our interests throughout. We were very well represented in all aspects of this transaction and wouldn’t hesitate to recommend the team.”
For details of other recent transactions completed by our corporate team click here.