First Advantage Corporation, a global employment background screening and verification provider, has acquired biometric ID verification startup Infinite ID for $41 million in cash. The deal is expected to generate annual revenue of over $10 million for First Advantage, expanding its network and portfolio of U.S.-based ID verification providers. Infinite ID offers biometric enrollment, processing, and data storage, complementing First Advantage’s existing suite of identity management solutions.
Biometric Startup Infinite ID Acquired by First Advantage for $41M