must have oodles of information on we the people ... in similar league as Acxiom, ChoicePoint ...
"USIS offers security-related services to corporate and government clients worldwide."
http://www.usis.com/http://www.usis.com/ourinvestors.htmFirst Armerica aid Aiming to Buy Security Co.
November 22,
2002 Welsh, Carson, Anderson & Stowe Said Negotiating to Buy U.S. Investigations Services for $1B
By Mike Crissey
Associated Press Writer
PITTSBURGH (AP) -- One of the nation's largest employee-screening companies --
known for its unusual headquarters in a former limestone mine 220 feet underground in western Pennsylvania -- has become the target of a $1 billion buyout, a person close to the negotiations said.
Buyout firm Welsh, Carson, Anderson & Stowe is negotiating to buy Annandale, Pa.-based U.S. Investigations Services, which was part of the federal Office of Personnel Services until 1996.
~snip~
Officials from U.S. Investigations Services did not return telephone calls seeking comment Thursday. A spokeswoman for private-equity firm
the Carlyle Group, which owns a 30 percent stake in the Pennsylvania company, said she could not comment on the deal.
The underground site of U.S. Investigations Services' headquarters, about 45 miles north of Pittsburgh, was used by the federal government to store sensitive employee records.
Since its 1996 spin-off, U.S. Investigations has bought other employee-screening companies, including drug and alcohol testing company United Labs and security services company USATREX International in 1999; record research company Due Diligence last year; and pre-employment screening business Official Information Company in September.
~snip~
The largest companies are ChoicePoint Inc., of Alpharetta, Ga.; First American Corp., of Santa Ana, Calif., and Kroll Inc., of New York City, but none of them has more than a 15 percent market share, analysts said.
"There are a lot of different people racing to the same finish lines with different data," said Brad Eichler, an analyst with investment bank Stephens Inc. in Little Rock, Ark.
~snip~
http://www.alta.org/indynews/news.cfm?newsID=1746