The First American Corp has acquired American Driving Records Inc (ADR) of Sacramento CA. Terms of the transaction, which closed Jan 24, 2002, were not
March 1, 2002
The First American Corp has acquired American Driving Records Inc (ADR) of Sacramento CA. Terms of the transaction, which closed Jan 24, 2002, were not disclosed. ADR provides motor vehicle reports (MVRs), currently processing more than 10 million MVRs for its 4,300 clients — primarily insurance agents — each year. This acquisition positions First American as one of only three background-screening companies with direct access to state MVRs nationwide.
ADR will be a part of First American's new screening services division, which includes HireCheck Inc, Substance Abuse Management Inc, and First American Registry Inc. ADR will continue to operate from its Sacramento headquarters, with Roopal Shah, president and co-founder, continuing as president. The company is expected to retain the ADR name and its existing management team.
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