HireRight Launches Brazil Entity, Strengthening Market Position In Latin America
Portfolio Pulse from Benzinga Newsdesk
HireRight Holdings Corporation (NYSE:HRT) has launched an operational entity in Brazil, marking a significant milestone in its regional expansion strategy. This move aims to enhance support for customers hiring in Brazil and throughout Latin America. The expansion follows the launch of HireRight's Mexico subsidiary in 2021 and the acquisition of Inquiro Vitae in Argentina earlier this year. With this expansion, HireRight aims to provide faster data to customers screening in Brazil through direct connections to local sources and offer local fulfilment of verifications and customer support in Portuguese.
November 06, 2023 | 1:48 pm
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HireRight's expansion into Brazil is a significant step in its regional expansion strategy, which could potentially increase its customer base and revenues in the Latin American market.
HireRight's expansion into Brazil, a major economy with a large population, could potentially increase its customer base and revenues. The company's ability to provide faster data to customers and offer local fulfilment of verifications and customer support in Portuguese could give it a competitive edge in the market.
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