American Land Title Association
Print Friendly
Home  >  News Room
News Room

SoftPro is the nation's leading provider of Real Estate Closing and Title Insurance software

North American Title Insurance Company is a seasoned title insurance underwriter that has been helping customers achieve the American dream of homeownership for more than 50 years. In the past several years, we have become known as the “underwriter next door,� because our associates are always easy to reach and our processes are, at all times, quick and straightforward. Our agency application process is fast and transparent for qualified agents. NATIC offers a one-hour underwriting response guarantee that is unparallelled in our industry. In addition, we value our agents based on their title industry knowledge and experience, not just on profits alone.

First Advantage Acquires BackTrack Reports

September 15, 2004

Expanding Scope of Due Diligence Investigations in the Financial Industry

ST. PETERSBURG, Fla., /PRNewswire-FirstCall/ -- First Advantage Corporation (Nasdaq: FADV), a risk mitigation solutions provider, has acquired Manhattan-based BackTrack Reports Inc., a due diligence firm specializing in fulfilling the needs of the financial services industry. This purchase expands First Advantage's due diligence investigative capabilities by adding services tailored to the needs of hedge fund investors, private equity groups, venture capital funds and commercial lenders throughout the world. Established in 1993, BackTrack Reports is an experienced leader delivering thorough investigative reports on hedge fund managers, corporate management teams and executives on behalf of their financial services clients. In-depth research and interviews contribute to insightful reports on the subject's representations and qualifications -- providing clients with information critical for investment, merger and acquisition, financing or hiring decisions.

"The proliferation of corporate scandals and misrepresentations in the business world has heightened the demand for in-depth investigations," said John Long, chief executive officer and president of First Advantage Corporation. "Adding BackTrack Reports better positions First Advantage to meet this security demand and provides greater resource depth, as well as industry expertise, to our existing due diligence offering."

First Advantage's current due diligence services were gained with the acquisition of CoreFacts, LLC earlier this year. CoreFacts, a leading provider of computer forensics, electronic discovery and investigative work, provides corporate due diligence services to determine the integrity of business transactions or individuals.

To enhance the services of both organizations, it is expected that BackTrack Reports and CoreFacts will be integrated under a combined management team headed by Andrew Levetown, chief executive officer of CoreFacts. The BackTrack Reports offices located in New York City will provide a convenient local presence to serve First Advantage's extensive due diligence clientele in the region.

"BackTrack's management team is very pleased with the opportunities that lie ahead as we join First Advantage," said BackTrack Reports cofounder Randy Shain. "It is exciting to have our goals align and to now have the resources of this evolving leader backing our growth. We look forward to expanding our services while remaining committed to delivering the quality due diligence that forms the foundation of our client relationships."

Source: First Advantage Corporation

Print Friendly

How To Find Us:
American Land Title Association
1800 M Street, NW, Suite 300S
Washington, D.C. 20036-5828
P. 202.296.3671 F. 202.223.5843
Copyright © 2004-2016 American Land Title Association. All rights reserved.
SecurityMetrics for PCI Compliance, QSA, IDS, Penetration Testing, Forensics, and Vulnerability Assessment