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0 0.00142653352353777 0.00213980028530666 -0.00427960057061344 0.000713266761768886 -0.000713266761769013 0.00285306704707555 0.000713266761768886
Stock impact report

Gallant Capital Completes Acquisition of the Government Services Business of Navient Corporation

Navient Corporation (NAVI) 
Last navient corporation earnings: 4/21 04:14 pm Check Earnings Report
US:NASDAQ Investor Relations: navient.com/about/investors
Company Research Source: Business Wire
LOS ANGELES--(BUSINESS WIRE)--Gallant Capital Partners (“Gallant”) announced that it has closed its acquisition of the Government Services business (“NGS” or the “Company”) of Navient Corporation (Nasdaq: NAVI).NGS provides tech-enabled outsourced business processing to U.S. federal, state, and local government clients. NGS is a leader in the tolling and parking technology and services market and provides other mission-critical services to government agencies including call center support, revenue recovery services, program management, and payment processing.The acquisition of NGS represents the third platform investment made from Gallant’s second fund, Gallant Capital Partners II.About Navient’s Government Services BusinessNavient’s Government Services business includes Navient Business Processing Group, Duncan Solutions, Gila (D.B.A. Municipal Services Bureau), Pioneer Credit Recovery and Navient BPO. Across its various segments, NGS provides tech-enabled processing, collections Show less Read more
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