Kroll, a risk consulting company, has completed the sale of its US government security clearance screening business, Kroll Government Services, to Veritas Capital, a private equity firm
Kroll, a risk consulting company, has completed the sale of its US government security clearance screening business, Kroll Government Services, to Veritas Capital, a private equity firm.
In addition to its work for private sector clients, Kroll continues to provide federal, state and local governments with a full suite of services unrelated to security clearances, including investigations, compliance and monitoring, security consulting, background screening, fraud solutions and technology services.
The divestiture of this business from Kroll, a subsidiary of Marsh & McLennan, is in line with Marsh & McLennan’s stated intention to focus on core business offerings at Kroll and across the firm.
Terms of the deal were not disclosed.
