First Advantage Acquires Data Diver Technologies, Advancing Proprietary Data and Technology Strategy
The acquisition brings a longtime third-party data provider into First Advantage’s business.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
First Advantage (NASDAQ: FA) acquired Data Diver Technologies, an AI and automation data platform, in a transaction valued at approximately $125 million. Data Diver Technologies collects, aggregates, retains and delivers criminal and court records for background screening through an automated fulfillment engine.
The acquisition adds to First Advantage’s proprietary databases, which currently contain more than one billion records, and broadens automated coverage across U.S. jurisdictions. First Advantage expects the combination to enhance fulfillment workflows and support product development. The deal also includes a small employment background screening business serving small and medium-sized businesses, which First Advantage plans to integrate. Data Diver Technologies’ management team will remain with First Advantage.
How this balance works
Rhea-AI gives every point it takes from this document a weight. Minor counts 1, Moderate 3 and Major 9, so one Major point outweighs several Minor ones. The bar adds up the weights on each side, and when neither side holds more than 65% of the total the balance reads Mixed.
It reads the document as published, with the same rules for every company, and it does not look at what the market expected or at how the stock traded, so a point can be objectively good on a day the stock falls.
Rhea-AI Sentiment measures something else, the tone of the wording.
Hollow bars mark forward-looking points. How the balance works
Positive
- Moderate pointData Diver Technologies acquisition expands proprietary data capabilities and automated coverage across U.S. jurisdictions.
- Minor point. Forward-looking: it has not happened yet and may not happen.Small-business screening component adds an operation First Advantage plans to integrate into its broader business.
- Minor point. Forward-looking: it has not happened yet and may not happen.Fulfillment and product development are expected to benefit from the combination.
Negative
- None.
Key Figures
- Transaction value
- approximately $125 million
- Data Diver Technologies acquisition
AI-generated analysis. How Rhea-AI works. Not financial advice.
- Enhances proprietary data and technology capabilities: Adds records and technology that enhance First Advantage’s proprietary data offering, accelerate First Advantage’s data strategy, and meet customer needs
- Expands automated fulfillment capabilities: Broadens automated coverage across U.S. jurisdictions and enhances fulfillment workflows
- Advances product innovation: Strengthens First Advantage’s ability to enhance existing solutions and develop new capabilities
ATLANTA, Nov. 05, 2026 (GLOBE NEWSWIRE) -- First Advantage Corporation (NASDAQ: FA) (“First Advantage” or the “Company”), a global software and data company, today announced the acquisition of Data Diver Technologies, LLC (“Data Diver Technologies”), a data platform leveraging AI and automation, in a transaction valued at approximately
Over two decades, Data Diver Technologies has built a proprietary data platform powered by an automated fulfillment engine that collects, aggregates, retains, and delivers high-volume criminal and court records to support fast and accurate background screening. The acquisition includes a small employment background screening component focused on the small and medium-sized business market, which First Advantage plans to integrate into its broader business. The management team will remain with First Advantage to support continuity of business operations and continued growth as well as maintain customer relationships.
First Advantage currently has more than one billion records in its proprietary databases, and Data Diver Technologies further expands the Company’s data and technology capabilities through automated collection and broader coverage across U.S. jurisdictions. The combination is expected to enhance fulfillment workflows, advance product innovation, and strengthen First Advantage’s ability to deliver faster, more efficient screening outcomes.
“Data Diver Technologies is a company we know very well and have worked with for years as a key third party data provider to First Advantage,” said Scott Staples, Chief Executive Officer of First Advantage. “This acquisition advances our strategy by enhancing our proprietary data capabilities, expanding automation, and creating new opportunities to expand our solutions and drive product innovation. These additional resources and capabilities will help us deliver faster turnaround times, support high-quality results for our customers, and further differentiate First Advantage in the market.”
About First Advantage
First Advantage (NASDAQ: FA) is a global software and data company. We provide comprehensive, end-to-end identity solutions, criminal background screening, credential verifications, drug and health screening, and continuous risk monitoring. Combining AI-powered proprietary technology platforms with proprietary data, primary source data, and third-party data, we help organizations hire with confidence and manage risk across the entire employee lifecycle. With over 80,000 customers worldwide – including approximately two-thirds of the Fortune 100 – we deliver fast, comprehensive, and reliable solutions for employers, their candidates, and their employees. We conduct more than 200 million screens annually across over 200 countries and territories, supported by our verticalized go-to-market strategy, decades of experience, and proprietary databases containing over 1 billion records. For more information, please visit our website at https://fadv.com/.
Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements related to our acquisition of Data Diver Technologies, LLC and other statements that are not historical facts. In some cases, you can identify these forward-looking statements by the use of words such as “anticipate,” “assume,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “future,” “will,” “seek,” “foreseeable,” “target,” “guidance,” the negative version of these words, or similar terms and phrases. These forward-looking statements are subject to various risks, uncertainties, assumptions, or changes in circumstances that are difficult to predict or quantify, including those described under the “Risk Factors” section in our Annual Report on Form 10-K for the fiscal year ended December 31, 2025, as such factors may be updated from time to time in our filings with the Securities and Exchange Commission (SEC), which are, or will be, accessible on the SEC’s website at www.sec.gov. Any forward-looking statements included in this press release, or our SEC filings are made only as of their respective dates, and we undertake no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments, or otherwise, except as required by law.
Investor Contact
Stephanie Gorman
Vice President, Investor Relations
Investors@fadv.com
(678) 868-4151
Media Contact
Katelyn Brower
Director, PR, Social, Events
Katelyn.Brower@fadv.com
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How much is First Advantage’s Data Diver Technologies acquisition valued at?
The acquisition is valued at approximately $125 million. Data Diver Technologies provides a proprietary data platform using AI and automation to support employment background screening.
Did First Advantage work with Data Diver Technologies before the acquisition?
Data Diver Technologies had worked with First Advantage for years as a third-party data provider before the acquisition.