Appriss Acquires Innovative
Acquisition of Innovative Advances Appriss’ Data Solutions for CRA and Enterprise Risk Markets
Appriss, a leading provider of data analytics solutions, is pleased to announce acquisition of Innovative Enterprises, Inc. (IEI), a top data service provider for the background screening industry.
Established by current CEO, Cliff Williams in 1996, IEI offers a myriad of solutions across the screening spectrum. Their product offerings include a national criminal file, social security trace, county court research, tenant screening, and medical sanction screening, among others.
“As leaders in the background screening market, the partnership of Appriss and Innovative creates exciting new synergies that are simply not possible through any other combination,” said Williams. “This fusion of unique data sets and capabilities will fuel the creation of game-changing risk management solutions that will forever rewrite the course of the screening industry and other significant risk mitigation verticals.”
IEI is Appriss’ third acquisition in the last 12 months that enhances and reinforces its proprietary background screening solution, Risk Intelligence. Appriss acquired Crime Finders, Inc. in January 2019 and HygenicsData (HDI) in July 2018. These transactions prominently position Appriss as a significant player within the data supplier landscape and solidify its commitment to the background screening market.
“This transaction establishes Appriss as the leading wholesale data provider to the CRA and enterprise risk market,” said Brian Matthews, Sr. Vice President of Appriss Insights. “Our expanded portfolio will deliver a level of data sophistication, customization, and filtering that is unmatched in the industry—and, most importantly, it will drive solutions that facilitate safer work environments and communities.”
The Appriss Risk Intelligence solution enhances pre-employment screening to keep threats out and provides continuous post-hire monitoring of employees and contractors, to identify threats within.
District Capital Partners acted as the buyside advisor to Appriss.
For more information on IEI, visit www.knowthefacts.com