Certn, a background screening firm, has acquired Creedence. Cascadia Capital, a middle-market investment bank, acted as the financial advisor to Certn.
Credence delivers pre-employment screening services to industries like financial services and industrial related. Certn delivers background screening services that help businesses make hiring decisions through AI and machine learning technologies. Certn plans to realize opportunities for revenue growth through Credence’s existing customers and automation of existing processes.
“The acquisition combines Certn’s technology, speed and user experience with Credence’s reliable and quality offering in bringing Certn’s solutions into new geographies such as Europe, Asia, and Africa.” said Teague Collins, managing director at Cascadia Capital.