Sterling Results Presentation Deck
13
Acquisition of Employment Background
Investigations (EBI)
US-based tuck-in deal fits squarely into our capital allocation priorities and is highly complementary to our core strategy
Highly complementary
tuck-in deal
Expands Sterling scale in key verticals
Blue-chip, enterprise-focused client base
Highly diversified client base
▪ Minimal single-client concentration and
long-tenured relationships with key clients
■
■
■
Strong reputation for client service and a
commitment to compliance
Attractive financial
characteristics
▪ Priced within our M&A pricing framework
▪ Funded through cash on Balance Sheet
▪ 2022 revenues expected to be >$30M with
revenue growth profile similar to Sterling's
▪ Robust synergy potential from migration to
Sterling's fulfillment and platform
▪ Once integrated onto our platform/technology,
expected adjusted EBITDA flow-through of ~45-
50%
B
eb
a Sterling company
SterlingView entire presentation