ClearStar, a provider of Human Capital Integrity technology services with a specialization in background and medical screening, has acquired Employment Screening Resources.
ESR is a background screening program and represents ClearStar’s second acquisition in the last 120 days as part of an overall growth strategy focused on acquisition. The deal will strengthen ClearStar’s ability to operate coast-to-coast and expand its customer service capabilities.
ClearStar is a subsidiary of Hanover Investors which view the acquisitions as a step closer to scaling the firm towards being an industry leader.
“This acquisition of ESR represents another piece of the ClearStar strategy falling into place as we look to catalyze growth and enhance the company’s value,” added John Woodard, ClearStar chairman and senior partner.
Mintz served as legal advisor to ClearStar for the transaction and ESR was represented in the sale process by Cherie Smith Homa and received legal advice from Miles & Stockbridge.