Overview of Transaction

• On August 18, 2026, Checkr, the AI-powered verification platform for high-stakes decisions, announced it has acquired Truv, LLC (“Truv” or the “Company”), a leader in consumer-permissioned income, employment, and asset verification
• Founded in 2020, Truv connects directly to payroll providers and financial institutions on a consumer-permissioned basis, covering approximately 96% of the U.S. workforce
• The Company serves lenders and government agencies, including state agencies administering benefits programs such as Medicaid and SNAP

Significance of Transaction

• The acquisition strengthens Checkr’s existing Mortgage business and marks its entry into Government verification, driven by Truv’s technology, deep industry relationships, and GSE-integrations
• Together, Checkr and Truv will continue their pursuit across a $45 billion market opportunity in identity, workforce, mortgage and tenant verification

FT Partners' Role

• FT Partners served as the exclusive financial and strategic advisor to Truv in this transaction
• This transaction underscores FT Partners’ deep domain expertise in major FinTech verticals including Identity Verification and Background & Employment Screening technology, adding to its successful track record in generating highly favorable outcomes for clients