Recent Acquisition Opportunities Sterling’s acquisition of Vault Health Inc. and its ongoing integration with Insider Monkey indicate a strategic focus on expanding its background screening and verification services, creating opportunities for complementary service integrations or advanced screening solutions.
Technology Expansion Sterling’s use of advanced tech stack components like TensorFlow and Oracle signifies a commitment to innovation and data-driven processes, suggesting potential for upselling AI-powered assessment tools or enhanced digital verification platforms.
Leadership Transitions Recent high-profile leadership changes, including the appointment of new CFO and board members, reflect an evolving strategic direction, offering chances to provide tailored financial solutions, strategic consulting, or partnership opportunities aligned with their growth plan.
Market Growth Potential With revenues estimated between $500 million and $1 billion and serving clients globally across over 200 countries, Sterling presents a sizable market opportunity for enterprise-level compliance, onboarding automation, and global workforce management tools.
Investment and Funding Having secured $98 million in funding, Sterling is well-positioned to invest in innovative technology solutions and expansion initiatives, opening possibilities for service providers focused on scalable SaaS platforms, cybersecurity, or HR tech solutions tailored to large enterprises.