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First Advantage

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About First Advantage

Making money from private equity investments is music to the ears of Symphony Technology Group (STG). Holding company STG invests in and builds enterprise software and technology services. Its portfolio of more than a dozen companies includes logistics software firm Aldata, market research firm SymphonyIRI Group, custom software developer Symphony Services, – more... and engineering software firm MSC.Software Corporation. STG was founded in 2002 by chairman and CEO Romesh Wadhwani, the man responsible for the landmark $9 billion Aspect Development deal, which was the largest merger in software history. Altogether, STG has more than $1 billion in assets under management.

 

 

STG partners with its portfolio companies in order to get them to the next level by growing value and revenue. The holding company looks to acquire companies in North America, Europe, and Asia that present opportunities for growth and have innovative products. STG has extensive experience in helping companies expand in overseas markets such as Europe and Asia.

In 2010 the firm acquired the First Advantage employer services and litigation support business from CoreLogic for $265 million. The business, which wasn't a strategic fit for CoreLogic, continues to operate under the First Advantage brand.

STG purchased a majority stake in ImpactRx in 2011. Serving the pharmaceutical industry, the acquired firm compiles and maintains a database of the impact of marketing on physicians' drug prescription patterns. Terms of the deal were not disclosed. Also that year, STG acquired shopping search engine Shopzilla from Scripps Networks Interactive for $165 million. – less

First Advantage Employer Reviews

Data Entry (Former Employee), Rockville, MDMay 8, 2014
Data Entry (Former Employee), Rockville, MDMarch 24, 2014
-Processing Specialist (Former Employee), Alameda, CASeptember 2, 2014
Director (Former Employee), Poway, CAAugust 12, 2014
Contract Administrator (Current Employee), Indianapolis, INJuly 1, 2014

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Working at First Advantage

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