Private company

Sterling Check Corp.

Sterling Check Corp. is an American computer processing and data preparation services company.1 It is headquartered in Independence, Ohio.1

Last updated Oct 21, 2026.

Overview

  • IndustryServices-Computer Processing & Data Preparation1
  • HeadquartersIndependence, Ohio1
  • Incorporated inDE2
  • Business addressSterling Checkcorp Inc., 6150 Oak Tree Boulevard, Suite 490, Independence, Oh 441312
  • Filer category, Emerging growth company2

Sterling Check Corp. (“the Company,” “Sterling,” “we,” “us” or “our”) is incorporated in the state of Delaware and its principal executive offices are at 6150 Oak Tree Boulevard, Suite 490, Independence, Ohio. Our phone number is 1 (800) 853-3228 and our website address is www.sterlingcheck.com. Our common stock is traded on the Nasdaq Stock Market LLC under the symbol “STER”.4 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2023

6.5%Operating margin5
-0.0%Net margin5
-6.1%Revenue growth, 20235
-0.0%Return on equity5
0.68×Debt to equity5
$94.3MFree cash flow5

Where the money goes

Where each dollar of revenue went, fiscal 2023

  • Selling, general and admin24¢$173.8M
  • Other costs74¢$533.5M
  • Income tax2¢$12.4M

Out of $719.6M in revenue.5 The company lost money this year.

Where each dollar of operating cash went, fiscal 2023

  • Capital spending3¢$2.6M
  • Share buybacks70¢$67.8M
  • Kept or used elsewhere27¢$26.5M

Out of $96.9M of cash from operations.5

Financial statements

Revenue675$719.6M in 2023+45% since 2019
0$200.0M$400.0M$600.0M$800.0M2019: $497.1M$497.1M20192020: $454.1M$454.1M2020−9%2021: $641.9M$641.9M2021+41%2022: $766.8M$766.8M2022+19%2023: $719.6M$719.6M2023−6%
Operating income675$46.6M in 2023
-$25.0M0$25.0M$50.0M$75.0M2019: -$13.4M-$13.4M20192020: -$23.1M-$23.1M2020+73%2021: $368.0K$368.0K20212022: $59.0M$59.0M2022+15934%2023: $46.6M$46.6M2023−21%
Net income675-$116.0K in 2023−100% since 2019
-$60.0M-$40.0M-$20.0M0$20.0M2019: -$46.7M-$46.7M20192020: -$52.3M-$52.3M2020+12%2021: -$18.5M-$18.5M2021−65%2022: $19.4M$19.4M20222023: -$116.0K-$116.0K2023
Fiscal year201820192020202120222023
Revenue$497.1M6$454.1M7$641.9M5$766.8M5$719.6M5
Selling, general and admin$147.2M6$122.6M7$198.7M5$175.5M5$173.8M5
Operating expenses$641.5M5$707.8M5$673.0M5
Operating income-$13.4M6-$23.1M7$368.0K5$59.0M5$46.6M5
Income before tax-$29.0M5$28.1M5$12.3M5
Income tax-$11.8M6-$11.6M7-$10.5M5$8.7M5$12.4M5
Net income-$46.7M6-$52.3M7-$18.5M5$19.4M5-$116.0K5
Earnings per share-$0.536-$0.597-$0.215$0.215$0.005
Earnings per share (diluted)-$0.536-$0.597-$0.215$0.205$0.005
Shares (weighted, basic)90.2M shares594.1M shares591.6M shares5
Shares (weighted, diluted)90.2M shares598.9M shares591.6M shares5

Compare Sterling Check Corp. with another company

Corporate structure

Sterling Check Corp. sits at the top of its group. 9 entities, 4 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Sterling Check Corp.

  • Goldman Sachs Filed SCHEDULE 13G/A on Sterling Check Corp., latest Feb 6, 2025 (5 filings since Feb 14, 2022)
  • Wellington Management Company Filed SC 13G/A on Sterling Check Corp., latest Nov 8, 2024 (3 filings since Feb 6, 2023)
  • Melanie Laird Filed SC 13G/A on Sterling Check Corp., latest Oct 10, 2024
  • Ross M. Cummings Filed SC 13G on Sterling Check Corp., latest Feb 14, 2022
  • Sterling Check Corp. Independence, Ohio
    • A-Check America, LLC Subsidiary · Delaware, United States
    • Employment Background Investigation, LLC Subsidiary · Maryland, United States
    • RISQ Group Holdings Pty Ltd. Subsidiary · Australia
    • Sterling (EMEA) Ltd. Subsidiary · United Kingdom
    • Sterling Asia Pacific Pty Ltd. Subsidiary · Australia
    • Sterling Backcheck Canada Corp. Subsidiary · Canada
    • Sterling Infosystems Inc. Subsidiary · Delaware, United States
    • Sterling Intermediate Corp. Subsidiary · Delaware, United States

Built from subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Sterling Check Corp. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$42.6M5 Dec 31, 2023$50.2M5 Dec 31, 2022−15.1%
Accumulated depreciation$34.9M5 Dec 31, 2023$39.9M5 Dec 31, 2022−12.4%
Property and equipment, net$7.7M5 Dec 31, 2023$10.3M5 Dec 31, 2022−25.6%
Operating-lease assets (leased space)$6.5M5 Dec 31, 2023$20.1M5 Dec 31, 2022−67.9%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$54.2M5 Dec 31, 2023$103.1M5 Dec 31, 2022−47.4%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$879.4M5 Dec 31, 2023$849.6M5 Dec 31, 2022+3.5%
Intangible assets, net (excluding goodwill)$230.2M5 Dec 31, 2023$241.0M5 Dec 31, 2022−4.5%
Finite-lived intangibles, gross$891.4M5 Dec 31, 2023$842.7M5 Dec 31, 2022+5.8%
Accumulated amortization$661.1M5 Dec 31, 2023$601.7M5 Dec 31, 2022+9.9%
Finite-lived intangibles, net$230.2M5 Dec 31, 2023$241.0M5 Dec 31, 2022−4.5%

Leadership

Who has led Sterling Check Corp., and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Joshua L. Peirez2024
2025
Board members and other officers (19)

Subsidiaries and ownership

Subsidiaries (Exhibit 21)

  • A-Check America, LLC Delaware3
  • Employment Background Investigation, LLC Maryland3
  • RISQ Group Holdings Pty Ltd. Australia3
  • Sterling (EMEA) Ltd. United Kingdom3
  • Sterling Asia Pacific Pty Ltd. Australia3
  • Sterling Backcheck Canada Corp. Canada (British Columbia)3
  • Sterling Infosystems Inc. Delaware3
  • Sterling Intermediate Corp. Delaware3

The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Former names

  • Sterling Ultimate Parent Corp.Jun 30, 2015 to Aug 23, 20212

Timeline

  1. Nov 4, 2024New chief executive Joshua L. Peirez becomes CEO10
  2. Oct 31, 20248-K Ended a material agreement; Completed an acquisition or sale; Listing notice or transfer29
  3. Oct 29, 20248-K Other events30
  4. Oct 21, 20248-K Other events31
  5. Sep 5, 20248-K Other events32
  6. Aug 30, 20248-K Executive or director change33
  7. Aug 8, 20248-K Results of operations34
  8. Jun 5, 20248-K Executive or director change35
  9. May 28, 20248-K Other events36
  10. May 22, 20248-K Shareholder vote37
  11. May 9, 20248-K Results of operations38
  12. Mar 1, 20248-K Entered a material agreement; Shareholder vote39
  13. Feb 29, 20248-K Results of operations; Regulation FD disclosure40

Calendar

When it reported results

  1. Aug 8, 2024Reported quarterly or annual results34
  2. May 9, 2024Reported quarterly or annual results38
  3. Feb 29, 2024Reported quarterly or annual results40
  4. Nov 8, 2023Reported quarterly or annual results41
  5. Aug 8, 2023Reported quarterly or annual results42
  6. May 9, 2023Reported quarterly or annual results43
  7. Mar 2, 2023Reported quarterly or annual results44
  8. Nov 9, 2022Reported quarterly or annual results45

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

247 filings to the SEC since October 2021: 3 annual reports, 9 quarterly reports, 31 major events, 141 insider forms, 10 large holders, 53 other. The latest 20:

  1. Feb 6, 2025SCHEDULE 13G/A EDGAR
  2. Nov 12, 202415-12G EDGAR
  3. Nov 8, 2024SC 13G/A SEC SCHEDULE 13G EDGAR
  4. Nov 6, 2024SC 13G/A STERLING QE Q3 2024 FILING - GSCO EDGAR
  5. Nov 4, 2024EFFECT EDGAR
  6. Nov 4, 20244 EDGAR
  7. Nov 4, 20244 EDGAR
  8. Nov 4, 20244 EDGAR
  9. Nov 4, 20244 EDGAR
  10. Nov 4, 20244 EDGAR
  11. Nov 4, 20244 EDGAR
  12. Nov 4, 20244 EDGAR
  13. Nov 4, 20244 EDGAR
  14. Nov 4, 20244 EDGAR
  15. Nov 4, 20244 EDGAR
  16. Nov 4, 20244 EDGAR
  17. Nov 4, 20244 EDGAR
  18. Nov 4, 20244 EDGAR
  19. Nov 4, 20244 EDGAR
  20. Nov 4, 20244 EDGAR

The 247 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

30 open-market trades by officers, directors and large owners since October 2021: 4 buys and 26 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Oct 31, 2024Broad Street Control Advisors, L.L.C.10% ownerSale49,807,744Form 4
Oct 16, 2024Montague Street Asset Management LLC10% ownerSale1,114,000$17.13$19.1MForm 4
Oct 15, 2024Montague Street Asset Management LLC10% ownerSale300,000$17.18$5.2MForm 4
Sep 20, 2024Greenblatt Steven Jacob10% ownerSale22,278$16.96$377.8KForm 4
Aug 1, 2024Paglia LouSee RemarksSale12,500$15.68$196.0KForm 4
Jul 15, 2024Paglia LouSee RemarksSale17,526$15.19$266.2KForm 4
Jul 12, 2024Paglia LouSee RemarksSale21,913$15.19$332.9KForm 4
Jul 11, 2024Paglia LouSee RemarksSale47,000$15.15$712.0KForm 4
Jun 12, 2024Paglia LouSee RemarksSale861$15.53$13.4KForm 4
Jun 5, 2024Paglia LouSee RemarksSale200$15.69$3.1KForm 4
Dec 22, 2023Jones Adrian MDirectorBuy157$13.44$2.1KForm 4
Dec 22, 2023GOLDMAN SACHS GROUP INC10% ownerBuy157$13.44$2.1KForm 4
Dec 13, 2023Jones Adrian MDirectorSale157$13.58$2.1KForm 4
Dec 13, 2023GOLDMAN SACHS GROUP INC10% ownerSale157$13.58$2.1KForm 4
Aug 10, 2023BARNETT STEVEN LSee RemarksSale10,000$13.20$132.0KForm 4
Jun 30, 2023Jones Adrian MDirectorSale1,145,486$11.73$13.4MForm 4
Jun 30, 2023Broad Street Principal Investments, L.L.C.10% ownerSale1,145,486$11.73$13.4MForm 4
Jun 12, 2023Jones Adrian MDirectorSale9,000,000$11.73$105.6MForm 4
Jun 12, 2023GOLDMAN SACHS & CO. LLC10% ownerSale9,000,000$11.73$105.6MForm 4
Oct 18, 2022BARNETT STEVEN LSee RemarksSale27,826$19.61$545.7KForm 4

All 30 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

SEC filer profile

How Sterling Check Corp. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARSterling Check Corp.1
  • CIK0001645070
  • Filer status<br>emerging growth company1
  • Incorporated inDelaware1
  • Fiscal year endsDecember 311
  • Industry code (SIC)7374 Services-Computer Processing & Data Preparation1
  • SEC reviewing officeOffice of Technology, Division of Corporation Finance1
  • Business addressSterling Checkcorp Inc., 6150 Oak Tree Boulevard, Suite 490, Independence, OH 441311
  • Phone191754852411
  • Shares outstanding97,989,463 as of Aug 1, 20249
  • Public float$529.9M as of Jun 30, 20235
  • On EDGAR sinceJun 30, 20151
  • Filings334 in all: 4 (149), 425 (46), 8-K (32), 3 (22), 10-Q (9), CORRESP (8), D/A (7), SC 13G/A (6)1
    All 36 form types

    D (5), S-8 (4), S-8 POS (4), 10-K (3), DEF 14A (3), DEFA14A (3), DRSLTR (3), EFFECT (3), SC 13G (3), 144 (2), 424B3 (2), ARS (2), DRS/A (2), UPLOAD (2), 15-12G (1), 25-NSE (1), 3/A (1), 424B4 (1), 8-A12B (1), CERT (1), DEFM14C (1), DRS (1), POS AM (1), S-1 (1), S-1/A (1), S-3 (1), S-3/A (1), SCHEDULE 13G/A (1)

  • Latest filingsAnnual report (10-K) Mar 6, 2024
    Quarterly report (10-Q) Aug 8, 2024
    Proxy statement (DEF 14A) Apr 9, 2024
    Latest 8-K (8-K) Oct 31, 2024

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
  2. 2
  3. 3
  4. 4
  5. 5
  6. 6
  7. 7
  8. 8
  9. 9
  10. 10
  11. 11
  12. 12
  13. 13
  14. 14
  15. 15
  16. 16
  17. 17
  18. 18
  19. 19
  20. 20
  21. 21
  22. 22
  23. 23
  24. 24
  25. 25
  26. 26
  27. 27
  28. 28
  29. 29
  30. 30
    SEC EDGAROther events
  31. 31
    SEC EDGAROther events
  32. 32
    SEC EDGAROther events
  33. 33
  34. 34
  35. 35
  36. 36
    SEC EDGAROther events
  37. 37
  38. 38
  39. 39
  40. 40
  41. 41
  42. 42
  43. 43
  44. 44
  45. 45
  46. 46
  47. 47
  48. 48
  49. 49