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ChoicePoint, Alpharetta, Gm, in October acquired Applicant Screening and Processing (ASAP), a privately held resident screening company based in Orlando, Fla.


ChoicePoint ChoicePoint (NYSE: CPS) is a data aggregation company based in Alpharetta, near Atlanta, Georgia, USA, that acts as a private intelligence service to government and industry. , Alpharetta, Gm, in October October: see month.  acquired Applicant Screening and Processing (ASAP (chat) asap - As soon as possible. ), a privately held resident screening company based in Orlando, Fla. The acquisition bolsters ChoicePoint's offerings and share in the fast growing Florida market.

ChoicePoint's resident screening business is enriched by ASAP's product mix, which includes initial eviction The removal of a tenant from possession of premises in which he or she resides or has a property interest done by a landlord either by reentry upon the premises or through a court action.  filings, and credit and criminal histories, all of which help property managers make decisions in the resident approval process.

The transaction is not expected to have a material affect on ChoicePoint's financial results and ChoicePoint does not expect the acquisition to be dilutive to earnings.
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Title Annotation:Mergers and Acquisitions
Publication:Units
Date:Jan 1, 2004
Words:93
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