I wanted to do something a little different this weekend. There’s a sector / group of companies I plan on spending a little more (or perhaps a lot more) time diving into. In today’s post, I wanted to explain why I’m interested in the sector
There are two streams of revenue here - background checks on new employees and ongoing monitoring of existing - clearly in a recession both come down but the latter much less. Each of the names also has somewhat different industry exposure as well. Would not surprise me to see PE arrange a sale to another of their funds or another PE shop as their exit
Don't buybacks actually make it easier for PE firms to exit because they can just sell into the buyback flow?
Looks like Rjc Gis Holdings LLC is selling and looking for a partial or full exit? @humongousboy may be right.
I've checked the other two. I don't see much insider buying except for HRT in 2022.
I wonder if these companies are integrating AI already?