Veremark, a global workplace trust company, has acquired Singapore-based Risk Management Intelligence (RMI), a background verification firm, as part of its international expansion strategy. This acquisition, announced on 26 February, follows Veremark’s recent $26m Series B funding round and aims to bolster its screening capabilities in the Asia-Pacific region, particularly in government visa checks for Singapore.
The acquisition will integrate RMI’s team of 70 specialists into Veremark, strengthening partnerships with key institutions such as Singapore’s Ministry of Manpower, the Early Childhood Development Agency, and Nanyang Technological University. Founded in 2012 by recruitment industry veteran Matthew Beath, RMI is known for its personalised and comprehensive background screening services across the Asia-Pacific region. The company collaborates closely with university registrars, student and employment record teams, and local business registration authorities to deliver accurate screenings.
Daniel Callaghan, CEO and Co-Founder of Veremark, highlighted the importance of the acquisition, stating: “As global hiring and workforce mobility continue to accelerate, the capabilities and reach of background screening need to stay one step ahead. RMI’s regional expertise and partnerships with key government and educational institutions allow us to strengthen our international capabilities and double down on our workplace trust offerings.”
Mervyn Ho, General Manager of RMI, expressed enthusiasm for the merger, noting that Veremark is an ideal partner for RMI’s next chapter. He assured customers and partners that business operations would continue as usual, with enhanced capabilities and global offerings under Veremark’s backing.
This strategic move positions Veremark to provide fully compliant, end-to-end screening solutions across the region, reinforcing its commitment to workplace trust and safety.
