RMI, founded in 2012 by recruitment veteran Matthew Beath, has built a business around high-touch screening in APAC, leaning heavily on primary-source verification through university registrars, student record teams, employment record holders, and local business registration authorities. It also runs checks against public records, global sanctions, enforcement actions, and watchlists — the unglamorous but essential plumbing of modern compliance. For Veremark, the timing matters. The company recently raised US$26 million in a Series B round and previously acquired Agenda Screening Services, another specialist player. Taken together, the moves look less like opportunistic shopping and more like a deliberate consolidation play: buy local depth in regulated markets, then stitch services into a single platform that can be sold to multinationals hiring across borders.
Source: www.theglobalrecruiter.com