💰 Financial Record

payment

Transaction Details

Amount
USD $1,500,000,000.0
Payer (From)
Providence Equity Partners Linked to Providence Equity Partners
Payee (To)
United States Investigative Services (USIS) Linked to United States Investigative Services (USIS)
Transaction Date
January 01, 2007
Description

Purchase of USIS by Providence Equity Partners.

Additional Details
Date string: 2007
Amount string: 1500000000
Source document: HOUSE_OVERSIGHT_020318.jpg

📄 Source Document

HOUSE_OVERSIGHT_020318.jpg
ESTATE Collection
View Document
Document Summary

This document appears to be page 166 of a report (likely Congressional, given the footer 'HOUSE_OVERSIGHT') detailing the privatization of US government security clearance background checks. It specifically critiques the hiring of Edward Snowden by Booz Allen Hamilton and the failure of USIS (United States Investigative Services) to properly vet him due to profit-seeking incentives and lack of inter-agency access (CIA files). The text outlines how USIS, owned by Providence Equity Partners, was sued in 2014 for fraudulently closing hundreds of thousands of background checks to maximize revenue.

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