First Advantage Acquires Infinite ID For $41M In Cash
Portfolio Pulse from Benzinga Newsdesk
First Advantage has acquired Infinite ID for $41 million in cash. The deal is expected to enhance First Advantage's capabilities in identity verification and fraud prevention.
September 05, 2023 | 11:31 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
First Advantage's acquisition of Infinite ID for $41 million could strengthen its position in the identity verification and fraud prevention market.
The acquisition of Infinite ID could enhance First Advantage's capabilities in identity verification and fraud prevention, potentially leading to increased revenues and market share. This could have a positive impact on the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100