First Advantage Strengths, Domain Expertise, and Key Differentiators
First Advantage provides comprehensive background screening, identity and information solutions that give employers and housing providers access to actionable information that results in faster, more accurate people decisions. First Advantage is currently running 12,000+ verifications per quarter through the system, and employment and education checks take only seconds to clear.
First Advantage Recent Developments
In September 2019, First Advantage launched XtdForce, a new screening tool designed with today's extended workforce in mind. Recognizing the growing presence of extended workers, vendors and volunteers in the workplace, First Advantage developed XtdForce to help companies ensure they are contracting reliable, qualified and secure individuals. The approach streamlines the screening experience, reinforces trust in the workplace and strengthens the employer brand.
In July 2019, First Advantage launched Verified!, a new verifications process that can significantly shrink turnaround times from days to minutes with the help of its FCRA-approved proprietary database. Verified! leverages First Advantage’s existing education and employment dataset to confirm education and employment information. Backed by the power of 66+ million screens each year, Verified! significantly decreases customer turnaround time and allows customers to lock in candidates before they move on to other potential job opportunities.
First Advantage Mergers and Acquisitions (M&A) Activities
In November 2019, Private equity firm Silver Lake agreed to acquire First Advantage, a background check and drug screening solutions provider, from Symphony Technology Group. First Advantage’s senior management team will remain in their current roles and continue to be “meaningful equity holders” in the company.
First Advantage Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying First Advantage applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of First Advantage and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified First Advantage customers.
First Advantage Overview
Ownership: - x
Number of Employees: 4300
Functional Markets: Human Capital Management,
Key Verticals: Automotive, Banking and Financial Services, Communication, Construction, Real Estate, Consumer Packaged Goods, Distribution, K12, Higher Education, Federal Government, State and Local Government, Public Safety, Healthcare, Life Insurance, P&C Insurance, Specialty Insurance, Leisure and Recreation, Hospitality, Life Sciences, Manufacturing, Media, Faith Based Nonprofit, Youth and Elderly Care Nonprofit, Special Cause Nonprofit, Oil and Gas, Professional Services, Retail, Transportation,
First Advantage Key Enterprise and Cloud Applications
First Advantage Revenues, $M:
|Type/Year||2018||2019||YoY Growth, %|
|Total Revenues, $M||Subscribe||Subscribe||Subscribe|
|Enterprise Applications Revenues, $M||Subscribe||Subscribe||Subscribe|
|Cloud Applications Revenues, $M||Subscribe||Subscribe||Subscribe|
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
First Advantage Revenue Breakdown By Type, $M:
|Type||License||Services||Hardware||Support & Maintenance||SaaS|
|% of Total Revenues||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe|
First Advantage Enterprise Applications Revenues By Functional Markets, $M:
First Advantage Enterprise Applications Revenues By Verticals, $M:
First Advantage Revenues By Region, $M
|Region||% of Total Revenues||2019 Total Revenues, $M||2019 Enterprise Applications Revenues, $M||2019 Cloud Applications Revenues, $M|
First Advantage Direct vs Indirect sales
|Region||Direct Sales||Indirect Sales||Total|
First Advantage Customers - Breakdown by Geo, Size, Vertical and Product
No. of First Advantage Customers: x
No. of First Advantage Enterprise Applications Customers: x
No. of First Advantage Cloud Customers: x
No. of First Advantage Cloud Subscribers: x
With offices in 27 locations and a staff of 4300+ employees, First Advantage leverages leading technology and the industry's largest global capabilities to complete background checks in 200+ countries and territories.
First Advantage Market Opportunities, M&A and Geo Expansions
In June 2019, First Advantage made a integration with Oracle Cloud, now available in the Oracle Cloud Marketplace. Offering added value to Oracle Recruiting Cloud customers, First Advantage enables them to configure the screening solution to their unique requirements, including custom consents, disclosures, electronic signatures and more.
In November 2018, First Advantage introduced BackgroundDirect, built specifically for small businesses, the online solution streamlines the background check process, providing employers with information to assist them with critical insights needed to support hiring decisions.
First Advantage Risks and Challenges
The international background screening market is gaining momentum.
First Advantage Ecosystem, Partners, Resellers and SI
In January 2020, First Advantage made a new partnership with LinkedIn Talent Hub, an applicant tracking system (ATS) that allows users to source, manage, and hire talent within a single platform. By partnering with LinkedIn Talent Hub, First Advantage will streamline, expedite and augment screening and monitoring solutions for LinkedIn Talent Hub customers.
In December 2019, First Advantage made a partnership with Jobvite, the leading talent acquisition-focused suite that powers a marketing-first recruiting approach. Jobvite helps clients to recruit, source and onboard new talent faster. By joining the Jobvite Marketplace, First Advantage will streamline, expedite and augment screening and monitoring for Jobvite customers.
In Nov.ember 2019, First Advantage partnered with Shelters to Shutters, a non-profit organization that transitions individuals and families out of homelessness to economic self-sufficiency. Through this relationship, First Advantage will provide discounted background screens to Shelters to Shutters candidates and support the organization through ongoing donations and volunteerism.
Among partners are Workday, Bullhorn, iCims, Cornerstone on Demand, Ultimate Software, Tracker, myStaffingPro, Page Up, PeopleFluent, SmartRecruiters, TempWorks, Abbott and many others.
First Advantage Cloud Infrastructure Insights
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- First Advantage Public Cloud and Infrastructure (IaaS)
- First Advantage Platform (PaaS)
- First Advantage Application Delivery
- First Advantage Private Cloud and Data Centers
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
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