Wednesday, May 20, 2009

USIS Acquires Professional Services Firm Labat-Anderson

FALLS CHURCH, Va.--(BUSINESS WIRE)--US Investigations Services, Inc. (USIS), the largest commercial provider of security investigation services to the federal government, a leading provider of pre-employment screening solutions, and a top provider of information services to the insurance industry, announced today the close of the financial transaction and acquisition of Labat-Anderson, Incorporated, a professional services firm serving government agencies in the areas of litigation support and information systems and services. Terms of the transaction were not announced.

“The Labat-Anderson business and its team of professionals adds to the solutions we provide our government customers and creates additional momentum behind our corporate strategic growth initiatives in the government markets we serve,” said Mike Cherkasky, Chief Executive Officer of USIS. “This is another significant step forward for our growth initiatives in the government sector of our business, adding another suite of solutions that we can deliver to the markets we serve.”

Labat-Anderson, with its more than 700 employees, will operate as a stand-alone division in USIS’ Government Solutions Group (GSG), joining the Investigative Services Division and the National Security Division. With its headquarters in Falls Church, Va., USIS GSG already has more than 6,500 employees that support business operations in all 50 states, U.S. territories, and overseas.

USIS and its controlling stockholder, Providence Equity Partners, are receiving legal advice from Debevoise & Plimpton LLP.