October 14th 2020
Acquisition of Securitec Screening, an innovative court data and RPA-driven research provider, strengthens Appriss’s position as a leading cloud-based, wholesale data platform focused on identifying and mitigating people-based risks.
“We have been on a multi-year journey to deliver the nation’s leading data and analytics platform to improve workplace and community safety. Securitec is another important addition to round out the platform and team,” said Krishnan Sastry, CEO of Appriss Inc. “With a shared vision of leveraging data to improve the world around us, we are delighted to welcome Securitec under our shared banner of ‘Knowledge for good.’ The team adds significant expertise in public records and brings unique technology and data assets to the Appriss Insights division and its continued trajectory of growth.”
Founded in 2005 by current President and CEO Jessica James, Securitec Screening provides a wholesale, proprietary Court Data as a Service (CDaaS) solution that offers robotic process automation (RPA) technology and data services to the background screening industry. The Roanoke, Virginia-based company delivers court data and background research for a variety of use cases, including employment screening, tenant screening, legal research, and investigation.
Securitec Screening will become part of Appriss Insights, further enhancing its Risk Intelligence suite of solutions. Securitec Screening is Appriss Insights’ fifth acquisition in the last two years, following HygenicsData (HDI), CrimeFinders Inc. (CFi), Innovative Enterprises, Inc. (IEI), and Typhoon Data.
“Securitec is thrilled to be joining an industry leader with a history of technology innovation and a long-term vision for growth,” said Jessica James, CEO of Securitec. “By joining Appriss, we can continue to provide the best combination of court data and services in today’s background screening marketplace and reach a wider scope of customers and partners.”
Through its investment in Securitec Screening, Appriss Insights will continue to expand its portfolio of data and insights, further establishing itself as the leading, wholesale platform provider of solutions that identify and mitigate people-based risks.
“We are excited to welcome Securitec Screening to Appriss and expand upon the value we provide our partners with enhanced products that drive innovation, powered by the fusion of our comprehensive and unique data assets,” said Appriss Insights President Brian Matthews. “Appriss Insights remains committed to delivering the leading data platform that keeps our communities and workplaces safe. This transaction enhances our suite of Risk Intelligence solutions and accelerates our vision to become the leading wholesale data provider in the industry.”
For more information about Securitec Screening Solutions, Inc., visit their website at www.securitecscreening.com.
District Capital Partners served as exclusive financial advisor to Appriss on the transaction.
About Appriss® Insights
Appriss Insights is the developer of the Appriss Insights Platform, the nation’s most comprehensive source of incarceration, justice, and risk intelligence data. We are a team of technology and data science experts who provide insights and analytic solutions that support informed decisions for early response to people-driven fraud and risk. By delivering real-time notifications, context-sensitive risk assessments, and actionable insights, we enable government agencies and commercial enterprises to save lives, fight crime, prevent fraud, and manage risk. For more information, visit ApprissInsights.com.