Boathouse Capital announced that its portfolio company, Accurate Background, "Accurate", has acquired CareerBuilder Employment Screening, "CBES", from CareerBuilder. The combined entity will operate under the Accurate Background brand and creates a uniquely positioned company focused on technology innovation, customer service, candidate experience, and delivery at scale. Through a strategic partnership agreement, CareerBuilder will continue to offer Accurate's employment screening services to clients. 

The acquisition of CBES, which offers highly complementary background screening and drug-testing services and technology to employers in the U.S. and abroad, is expected to strengthen Accurate's pre-and post-employment screening leadership and accelerate the company's mission to deliver the most innovative and comprehensive screening services.

"We are excited to combine our two high-growth, innovation-focused background screening businesses to create an industry leader with significant scale in the U.S. and internationally," said Dave Dickerson, Founder and CEO of Accurate. "Our teams have great mutual respect and share the same dedication to customers and commitment to products and services that dramatically simplify the background screening process. We also look forward to partnering with Apax Digital in this strategic transaction and welcome their insights and expertise as we move forward."

"Accurate and CBES have highly aligned corporate cultures centered on innovation and customer service," said Tim Dowd, President and COO of Accurate. "Importantly, the combined products and services are highly complementary and allow us to extend the value we bring to enterprise, mid-market and small business customers. We expect a seamless integration of our product offerings and teams that will allow us to deliver one of the most comprehensive offerings in the industry to our customers around the world."