First Advantage $345 million secondary offering

Davis Polk advised the representatives of the several underwriters in connection with the $345 million secondary offering of 17,250,000 shares of common stock of First Advantage by certain selling shareholders, which included the exercise in full by the underwriters of their option to purchase 2,250,000 additional shares. First Advantage’s common stock is listed on the Nasdaq Global Select Market under the symbol “FA.”

First Advantage is a leading global provider of technology solutions for screening, verifications, safety and compliance related to human capital. First Advantage delivers innovative solutions and insights that help customers manage risk and hire the best talent. Enabled by its proprietary technology platform, First Advantage’s products and solutions help companies protect their brands and provide safe environments for their customers and their most important resources: employees, contractors, contingent workers, tenants and drivers. Headquartered in Atlanta, Georgia, First Advantage has offices in North America, Europe, Asia and the Middle East.

The Davis Polk corporate team included partner Alan F. Denenberg and associates Ali DeGolia and Elsie Cheang. Partner Mario J. Verdolini and associate Justin Corvino provided tax advice. Partner Frank J. Azzopardi and associate Brette L. Trost provided intellectual property advice. Counsel Marcie A. Goldstein provided FINRA advice. Members of the Davis Polk team are based in the Northern California and New York offices.