It doesn't take a great detective to determine that Altegrity is a leader in security services. The holding company owns Kroll, Kroll Ontrack, HireRight, and USIS. Kroll is a risk management company offers a range of security and technology services. Kroll Ontrack provides legal technologies, data recovery, and information management services, while HireRight specializes in employment background and drug testing services for the private sector. USIS (formerly US Investigations Services) is the largest provider of background investigations and employment screening to the federal government. Altegrity and its subsidiaries have operations in 30 countries. The company is controlled by Providence Equity Partners.
Altegrity's roots trace back to the Office of Federal Investigations; it was spun off from the government in 1996. The company's operations center is located 200 feet underground in a mine that once held sensitive federal government records.
While employment screening and background investigations have formed the backbone of the company's operations, Altegrity has broadened its sights to delivering a comprehensive slate of security consulting services. As part of the business expansion, the company changed its name from US Investigations Services (USIS) to Altegrity in 2009.
As the company expands its core consulting services, it is also divesting segments that are non-core. In mid-2011 Altegrity sold its Explore Information Services business, which provides database insurance systems. Solera Holdings, a software and services provider to the automobile insurance claims processing industry, paid about $520 million to purchase Explore Information Services.
Altegrity's acquisitions include the 2011 purchase of CVM Solutions, which is a provider of enterprise management solutions. CVM will become a part of Kroll. Altegrity bought Kroll is based in New York, from insurance broker and consulting firm Marsh & McLennan. Altegrity spent some $1.3 billion on the acquisition. Kroll absorbed the company's fourth business line, Altegrity Risk International (ARI), launched in early 2010, strengthening the business' capabilities in data information services and systems used by government and commercial clients. The deal for Kroll followed ARI's acquisition of Corporate Risk International (CRI), a business intelligence and risk management firm. CRI added offices in the Washington, D.C. area, Houston, Hong Kong, and London, and expanded Altegrity's training and other consulting offerings used by police departments worldwide, notably in regions where new governments are emerging. – less
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