Sterling Infrastructure shares rise 5.93% intraday as it becomes a First Advantage company following acquisition.

Sterling Infrastructure, Inc. rose 5.93% intraday following news that it has become a First Advantage company, as confirmed in multiple press releases. This strategic acquisition is likely to enhance the company’s market position in the background screening industry, offering integrated identity and employment verification solutions. The rebranding and consolidation under First Advantage suggest improved operational efficiency and expanded service offerings, which may attract new clients and strengthen investor confidence in the firm’s growth prospects.