First Advantage (Nasdaq: FA) has acquired biometrics technology provider Infinite ID for $41 million in cash to expand its network and identity verification offerings for U.S. customers. Hicksville, New York-headquartered Infinite ID is a portfolio company of private investment firm Enlightenment Capital and is expected to generate over $10 million in annual revenues, First Advantage
Infinite ID is a New York-based digital identity authentication company that provides solutions such as biometric enrollment and data management for various industries.