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Stock impact report

HireRight Announces Completion of Acquisition by General Atlantic and Stone Point Capital

HireRight Holdings Corporation (HRT) 
NASDAQ:AMEX Investor Relations: micronsolutionsinc.com/investor-relations
Company Research Source: Business Wire
NASHVILLE, Tenn.--(BUSINESS WIRE)--HireRight Holdings Corporation (“HireRight” or the “Company”), a leading provider of global background screening services and workforce solutions, today announced the completion of its sale to investment funds affiliated with General Atlantic, L.P. (“General Atlantic”) and Stone Point Capital LLC (“Stone Point”, and together with General Atlantic, the “Sponsors”) in an all-cash merger transaction representing a total enterprise value of approximately $1.7 billion. As previously disclosed, HireRight stockholders voted to approve the transaction at the Company’s Special Meeting of Stockholders on June 21, 2024.Pursuant to the merger, the Sponsors acquired the Company, and all of the outstanding shares of the Company’s common stock (other than shares of the Company’s common stock that were already owned by the Sponsors and those in respect of which holders have validly exercised their statutory rights of appraisal) were converted into the right to r Show less Read more
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