First Advantage Corporation (First Advantage) (Nasdaq: FA), a global software and data company providing comprehensive, end‑to‑end identity solutions, criminal background screening, credential verifications, drug and health screening, and continuous risk monitoring, announced the pricing of a secondary offering by certain investment funds of Silver Lake Group, L.L.C. and its affiliates of 12,500,000 shares of common stock of First Advantage pursuant to a registration statement filed by First Advantage with the US Securities and Exchange Commission, at a price to the public of US$22.20 per share. First Advantage is not selling any shares and will not receive any proceeds from the sale of shares in the offering by the selling stockholder. The selling stockholder will receive all of the proceeds from this offering. The offering is expected to close on or about August 12, 2026, subject to customary closing conditions.
Latham & Watkins LLP represents the underwriter in the offering with a Capital Markets team led by partners Ian Schuman and Benjamin Cohen, with associates Dylan Lojac, Jenny Li, and Matthew LoCastro. Advice was also provided on data privacy and cybersecurity matters by partner Robert Blamires, with associate Kathryn Parsons‑Reponte; on intellectual property matters by partner Pelin Serpin, with associate Ece Gonulal; and on tax matters by partner Bora Bozkurt, with assistance from George Yu.
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