Altegrity, Inc. announced that the United States Bankruptcy Court for the District of Delaware (“the Court”) has confirmed the company’s Plan of Reorganization (the “Plan”). Upon completion of the restructuring process, which is expected to occur in the coming weeks, the Plan will reduce the company’s debt, thereby improving its capital structure and liquidity profile.

“We are pleased to have reached this important milestone, and look forward to emerging from the financial restructuring process as a stronger and more competitive company that is well positioned for growth and success,” said Jeffrey Campbell, Altegrity’s President and Chief Financial Officer. “With significantly less debt and an improved capital structure, we are well-positioned to invest in our Kroll and HireRight businesses to enhance their growth and create value for our stakeholders.”

 Debevoise & Plimpton LLP is serving as the Company’s legal advisor, AlixPartners LLP is serving as its restructuring advisor and Evercore LLC is serving as its financial advisor.

Paul, Weiss, Rifkind, Wharton & Garrison, LLP and Houlihan Lokey are advising the ad hoc committee of unaffiliated holders of the company’s second and third lien debt. Kirkland & Ellis LLP and Moelis & Company LLC are advising the ad hoc committee of unaffiliated holders of the company’s first lien debt.

Altegrity is a global, diversified risk and information services company. Headquartered in New York, NY, Altegrity is the parent company of two separately managed businesses: HireRight, a leading provider of employment background screening and eligibility solutions, and Kroll, a leading global provider of risk and information management services and solutions.