First Advantage Appoints New Chief Financial Officer

ST. PETERSBURG, FL–(Marketwire – Jan 8, 2013) – First Advantage, the leading global provider of comprehensive talent acquisition solutions, today announced that Rich Bartolotta, an accounting and finance veteran of more than 30 years, has been appointed as the company’s new CFO. With his proven success in driving critical financial initiatives, negotiating strategic partnerships and delivering innovative solutions, Bartolotta is responsible for leading First Advantage’s financial team and expanding its infrastructure and support.

Prior to joining First Advantage, Bartolotta had worked for IMS Health, Inc., a private equity-backed market intelligence and analytics business serving the pharmaceutical and healthcare industry, since 2003. During his tenure, he held a number of executive-level financial positions, starting as the vice president, Finance for IMS Japan and subsequently leading the Global Finance, Consulting and Services, and Global Pharma Solutions financial organizations. He most recently served as vice president, Finance, U.S. Business Unit.

Bartolotta previously held the position of CFO and executive vice president for NASDAQ Japan Inc., from 2000 to 2002, where he guided all aspects of the organization’s startup operations and successfully raised $50M in private equity from outside investors. Bartolotta began his career in 1982 with IBM Corporation, where he held positions of increasing responsibility through 2000, including Director of Finance, Personal Systems Group Worldwide and Director of Finance, Personal Systems Group Asia Pacific.

“To drive the success of our strategic financial initiatives and ensure our long-term cost competitiveness and profit expansion, we’ve selected Rich Bartolotta, a seasoned and accomplished executive to lead our finance team,” said Jack Freker, CEO of First Advantage. “We are confident that Rich’s proven expertise in successfully leading financial organizations in business and data services provides us a significant advantage as we expand our industry leadership with innovative global talent acquisition solutions.”

“As more companies recognize the benefits of working with First Advantage to improve their talent strategies, the company has experienced rapid growth,” Bartolotta said. “I am honored to be appointed as CFO at this time and look forward to helping drive the company’s strategic direction and developing programs that improve the bottom line.”

About First Advantage
First Advantage combines domain expertise, technology solutions and data to create proprietary products and services that organizations worldwide use to make smarter business decisions. First Advantage is a leading provider of talent acquisition solutions, including employment background screening, occupational health services, recruiting solutions, skills and behavioral assessments and business tax consulting services. Headquartered in St. Petersburg, Florida, First Advantage has offices throughout North America, Europe and Asia. More information about First Advantage can be accessed at www.fadv.com.

About Symphony Technology Group
Symphony Technology Group (STG) is a strategic private equity firm with the mission of investing in and being a partner in building great software and services companies. In addition to capital, STG provides transformation expertise to enable its portfolio companies to deliver more value to clients to retain and attract the best talent and to achieve best-in-class business performance. All STG portfolio companies are expected to grow through innovation. STG’s current portfolio consists of 14 global companies with combined revenue of more than $1 billion and thousands of employees spread across North America, Europe and Asia.

For more information, please visit www.symphonytg.com.

2013-01-08 11:17:40

Source: http://www.marketwire.com/mw/release.do?id=1743497&sourceType=3