Firm News: Cahill Represents Administrative Agent and Lead Arrangers in First Advantage’s $2.435 Billion Acquisition Financing 10.31.2024

Cahill Represents Administrative Agent and Lead Arrangers in First Advantage's $2.435 Billion Acquisition Financing

Date: 10/31/24

Cahill represented the administrative agent and lead arrangers in connection with a $2.185 billion term loan B credit facility and $250 million revolving credit facility for a subsidiary of First Advantage Corporation.

Proceeds from the term loan B facility were used to finance First Advantage's acquisition of Sterling Check Corp. and to refinance existing indebtedness.

First Advantage Corporation is a leading provider of employment background screening, identity, and verification solutions.