Midwest Backgrounds, Inc.
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Midwest Backgrounds, Inc. - overview
Established
1991
Location
Herrin, IL, US
Primary Industry
Business Support Services
About
Based in Illinois, US, and founded in 1991, Midwest Backgrounds, Inc. trading as MBI Worldwide Background Checks operates as a provider of on-demand employment background checks, drug testing, driving records, Form I-9, and employment and education verifications. In December 2021, a consortium led by Iron Creek Partners, along with Main Street Capital Corporation and the company's management, recapitalized Midwest Backgrounds, Inc. Midwest Backgrounds, Inc.
provides on-demand employment background checks, criminal background checks, employment verification, identity checks, motor vehicle records, health care sanctions check, real-time status updates, background reports, drug & health screening, credit checks, pre-integrations with ATS and HCM systems, configurable notification & routing tools, robust management notification, automated compliance tools & resources, electronic consent & digital signatures, applicant center mobile, I-9, and E-verify, drug & health screening, health care sanctions check, motor vehicle records, and education verification service. In addition, the company provides compliance services.
Current Investors
Main Street Capital Corporation, Iron Creek Partners
Primary Industry
Business Support Services
Sub Industries
Human Resources Services, HR & Workforce Software
Website
www.mbiworldwide.com
Company Stage
Mature
Total Amount Raised
Subscriber access only
Midwest Backgrounds, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Recapitalisation | Completed | Midwest Backgrounds, Inc. | - |
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