Proforma Screening Solutions, LLC sells to AccuSourceHR, a Housatonic Partners and PV Capital Group portfolio company
Learn how Baker Tilly Capital, LLC worked with Proforma Screening Solutions, LLC to find new ownership and support future growth.
Client need
Founded in 2013, Proforma Screening Solutions, LLC (“PSS” or the “company”) is a leading provider of pre-employment screening solutions, including background checks, drug screening, employment verification and occupational health services. PSS’ parent company, Lowers Risk Group, LLC (“LRG”), sought out an adviser to help divest its PSS business unit and seek out a partner looking to acquire an innovative, proprietary technology with a commitment to fulfilling the company’s future growth potential.
Baker Tilly Capital solution
Baker Tilly Capital partnered with LRG to facilitate the carveout of PSS. Through their partnership, the team strategically positioned PSS’ vertical specific software and ran a focused sell-side M&A process to find new ownership.
Results
PSS found the right partner in AccuSourceHR, a Housatonic Partners and PV Capital Group portfolio company, a leading provider of pre-employment screening services, providing background checks, drug and alcohol testing, and employment verification services. AccuSourceHR will leverage its client base and highly trained team to support PSS’ future growth, continue developing and innovating PSS’ technology, and keep PSS’ commitment to being a leader in employment screening services.
To learn more about how Baker Tilly can help your organization with its transaction needs, contact our M&A team.
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Baker Tilly Capital professionals have completed hundreds of middle market transactions for public and private companies in various industries.
