Sterling (Independence) Overview

  • Year Founded
  • 1975

Year Founded

  • Status
  • Public

  • Employees
  • 6,000

Employees

  • Stock Symbol
  • STER

Stock Symbol

  • Investments
  • 20

  • Share Price
  • $15.20
  • (As of Friday Closing)

Sterling (Independence) General Information

Description

Sterling Check Corp is a provider of technology-enabled background and identity verification services. It offers a hiring and risk management solution that begins with identity verification, followed by criminal background screening, credential verification, drug and health screening, processing of employee documentation required for onboarding, and ongoing risk monitoring. Its services are delivered through a purpose-built, proprietary, cloud-based technology platform that empowers organizations with real-time and data-driven insights to conduct and manage their employment screening programs.

Contact Information

Formerly Known As
SterlingBackcheck, Sterling Ultimate Parent Corp.
Ownership Status
Publicly Held
Financing Status
Private Equity-Backed
Primary Industry
Human Capital Services
Other Industries
Other Commercial Services
Stock Exchange
NAS
Corporate Office
  • 6150 Oak Tree Boulevard
  • Suite 490
  • Independence, OH 44131
  • United States
+1 (917) 000-0000

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Sterling (Independence) Stock Performance

(As of Friday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$15.20 $15.34 $10.00 - $16.68 $1.49B 97.8M 491K -$0.10

Sterling (Independence) Financials Summary

In Thousands,
USD
TTM 31-Mar-2024 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022 FY 2021 31-Dec-2021
EV 1,949,978 1,772,098 1,926,178 2,378,305
Revenue 726,365 719,640 766,782 641,884
EBITDA 95,023 111,337 130,803 83,933
Net Income (8,662) (116) 19,410 (18,527)
Total Assets 1,451,026 1,363,443 1,407,254 1,372,259
Total Debt 566,727 506,285 522,042 505,568
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Sterling (Independence) Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Sterling (Independence) Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Sterling Check Corp is a provider of technology-enabled background and identity verification services. It offers a hirin
Human Capital Services
Independence, OH
6,000 As of 2024
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Alpharetta, GA
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000.00
000.00 0000-00-00
000000000000 000.00

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00000 0000000 000000
Marietta, GA
000 As of 0000
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Sterling (Independence) Competitors (13)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
ClearStar Formerly PE-Backed Alpharetta, GA 000 000.00 000000000000 000.00
Infomart Corporation Marietta, GA 000 000000000 -
DISA Global Solutions Private Equity-Backed Houston, TX 0000 00000 0000000 0000 00000
HireRight Private Equity-Backed Nashville, TN 0000 00.000 0000000 0000 00.000
Justifacts Credential Verification Corporation Murrysville, PA 00 000000000 -
You’re viewing 5 of 13 competitors. Get the full list »

Sterling (Independence) Patents

Sterling (Independence) Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-9886524-B1 System and method for providing a report of generally available information Active 28-Nov-2007 0
US-7934098-B1 System and method for capturing and applying a legal signature to documents over a network Active 11-Apr-2005 000000000 00
DE-69904874-D1 High purity alkali metal chlorite and process for its production Inactive 09-Jun-1998 000000000
EP-0963945-B1 High purity alkali metal chlorite and method manufacture Inactive 09-Jun-1998 000000000
EP-0963945-A1 High purity alkali metal chlorite and method manufacture Active 09-Jun-1998 C01B11/10 0
To view Sterling (Independence)’s complete patent history, request access »

Sterling (Independence) Executive Team (40)

Name Title Board Seat Contact Info
Joshua Peirez JD Chief Executive Officer & Board Member
Lou Paglia Chief Operating Officer, Operations & President
Peter Lehmann Chief Strategy Officer
Ivneet Kaur Executive Vice President & Chief Information Technology Officer
Theresa Strong Interim Chief Financial Officer & Chief Accounting Officer
You’re viewing 5 of 40 executive team members. Get the full list »

Sterling (Independence) Board Members (19)

Name Representing Role Since
000000 00000 The Goldman Sachs Group Board Member 000 0000
000000 000000 Self Board Member 000 0000
0000 000000 Self Board Member 000 0000
000000 000000 00 Sterling (Independence) Chief Executive Officer & Board Member 000 0000
0. 0000000000 Self Board Member 000 0000
You’re viewing 5 of 19 board members. Get the full list »

Sterling (Independence) Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Sterling (Independence) Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Sterling (Independence) Investments & Acquisitions (20)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
First Hospital Laboratories 02-Jan-2024 0000000000 Human Capital Services
Vault Workforce Screening 02-Jan-2024 0000000000 Human Capital Services 000000 00
A-Check Global 01-Mar-2023 0000000000 Business/Productivity Software 000000 00
Socrates 04-Jan-2023 0000000000 Human Capital Services 000000 00
Employment Background Investigations 30-Nov-2021 Merger/Acquisition 000.00 Other Commercial Services 000000 00
You’re viewing 5 of 20 investments and acquisitions. Get the full list »

Sterling (Independence) Subsidiaries (5)

Company Name Industry Location Founded
National Crime Check Other Commercial Services Adelaide, Australia 2009
A-Check Global Business/Productivity Software Glendale, CA 0000
Checkwell Solutions Security Services (B2B) Toronto, Canada 0000
Employment Background Investigations Other Commercial Services Owings Mills, MD 0000
Vault Workforce Screening Human Capital Services Willow Grove, PA 0000
To view Sterling (Independence)’s complete subsidiaries history, request access »

Sterling (Independence) ESG

Risk Overview

Risk Rating

Updated June, 21, 2023

20.83 | Med Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

00.00

Management

Management is related to actions taken to manage ESG issues

00.00

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

00 of 16,191

Rank

00.00

Percentile

Software & Services

Industry

00 of 1,111

Rank

00.00

Percentile

Data Processing

Subindustry

00 of 98

Rank

00.00

Percentile

To view Sterling (Independence)’s complete esg history, request access »

Sterling (Independence) Exits (1)

Company Name Exit Date Exit Type Exit Size Status Buyers
Abso Lutely Productions 01-Dec-2009 0000000000 0000 Completed
  • 2 buyers
To view Sterling (Independence)’s complete exits history, request access »

Sterling (Independence) FAQs

  • When was Sterling (Independence) founded?

    Sterling (Independence) was founded in 1975.

  • Who is the CEO of Sterling (Independence)?

    Joshua Peirez JD is the CEO of Sterling (Independence).

  • Where is Sterling (Independence) headquartered?

    Sterling (Independence) is headquartered in Independence, OH.

  • What is the size of Sterling (Independence)?

    Sterling (Independence) has 6,000 total employees.

  • What industry is Sterling (Independence) in?

    Sterling (Independence)’s primary industry is Human Capital Services.

  • Is Sterling (Independence) a private or public company?

    Sterling (Independence) is a Public company.

  • What is Sterling (Independence)’s stock symbol?

    The ticker symbol for Sterling (Independence) is STER.

  • What is the current stock price of Sterling (Independence)?

    As of 14-Jun-2024 the stock price of Sterling (Independence) is $15.20.

  • What is the current market cap of Sterling (Independence)?

    The current market capitalization of Sterling (Independence) is $1.49B.

  • What is Sterling (Independence)’s current revenue?

    The trailing twelve month revenue for Sterling (Independence) is $726M.

  • Who are Sterling (Independence)’s competitors?

    ClearStar, Infomart, DISA Global Solutions, HireRight, and Justifacts Credential Verification are some of the 13 competitors of Sterling (Independence).

  • What is Sterling (Independence)’s annual earnings per share (EPS)?

    Sterling (Independence)’s EPS for 12 months was -$0.10.

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