Powerchex, a pre-employment screening firm for the financial services industry, has been acquired by global employment screening company, HireRight. Terms of the transaction were not disclosed.

“Powerchex’s commitment to service, expertise and innovation is shared by HireRight and the cultures of the two businesses align well in terms of vision, values and strategy,” said Mike Petrullo, HireRight president and chief executive.

“The Powerchex screening expertise in the UK and within the financial services sector will help bolster our offering in Europe. We are pleased to welcome Powerchex to the HireRight team.”