CIP Capital Sells Cisive to GTCR

December 10, 2021

Willkie advised leading background screening provider Cisive in its sale to GTCR.

On November 1, it was announced that GTCR signed a definitive agreement to acquire background screening provider Cisive, a portfolio company of CIP Capital.

Cisive provides high value employee background screens and industry-specific data services to highly regulated, risk-sensitive industries. Cisive has long-term relationships with a diverse base of blue-chip enterprise clients across healthcare, financial services, transportation and other regulated industries.

CIP Capital is a private equity firm focused on platform investments in growth-oriented, middle-market companies across the Business Information and Tech-Enabled Services sectors.

GTCR is a leading private equity firm focused on investing in growth companies in the Financial Services & Technology, Healthcare, Technology, Media & Telecommunications, and Growth Business Services industries.

Willkie previously advised Cisive in its acquisition of healthcare background screening company PreCheck.

The Willkie team was led by partners Matthew Rizzo and Eric Halperin, and included law clerks Charise Patterson and Mihajlo Gasic and associate Luisa Davis.