First Advantage Announces Sale of DecisionHR

ST. PETERSBURG, Fla., May 23, 2011 /PRNewswire/ -- First Advantage, a leading provider of talent acquisition and electronic data solutions, announced today the sale of its Professional Employer Organization (PEO) company DecisionHR to Bankers Employer Services.

"The sale of DecisionHR reaffirms our global corporate strategy and commitment to focus resources and energy on products and services that are core to our business," said Todd Mavis, CEO of First Advantage. "Ensuring our efforts are directed at services which help our clients access information that informs smarter hiring decisions is paramount to our collective success."

Started in 1996, DecisionHR is a National PEO which operates in 22 states. DecisionHR focuses on delivering and administering quality Human Resource services and other employer services and products to its clients. Bankers Employer Services, a wholly owned subsidiary of Bankers Financial Corporation, is a full-service human resource outsourcing company serving small- to medium-sized Florida businesses.  DecisionHR and Bankers Employer Services will retain their names.

"The acquisition of DecisionHR makes perfect sense within our larger corporate strategy and vision for the future," said John Strong, Chairman and CEO of Bankers Financial Corporation. "Over the years, we have watched the management team grow DecisionHR into a leading national Professional Employer Organization. When combined with the insurance expertise of Bankers, their strength of management will allow us to advance our footprint and expand our capabilities in the PEO industry."

Bankers Financial Corporation is a diverse financial services company that has been doing business in St. Petersburg, FL, for more than 35 years. The company is corporate parent to three property & casualty insurance companies and Bankers Business Group, which includes Bankers Employer Services and now DecisionHR.

About First Advantage

First Advantage combines industry expertise with information to create 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. First Advantage is headquartered in St. Petersburg, FL and has offices throughout the United States and abroad. More information about First Advantage can be found at www.FADV.com

Media Contact:
Paige Vesuvio
Vice President, Marketing
727.290.1000 X2274
[email protected]

SOURCE First Advantage