19 December 2023
On December 11th, 2023, HireRight Holdings Corporation (NYSE: HRT), a leading provider of global background screening services and workforce solutions, announced that it has received a non-binding proposal from General Atlantic, L.P. and Stone Point Capital LLC, and their respective affiliated funds (collectively, the “Sponsors”), to acquire all of the Company’s outstanding shares of common stock that are not already owned by the Sponsors for $12.75 in cash per share.
The board of directors of the HireRight Holdings Corporation previously formed a special committee of independent directors to evaluate and consider any potential or actual transaction proposal from the Sponsors and any other alternative proposals or other strategic alternatives that may be available to the Company.
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