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Gallant Carves Government Services Unit from Navient

  • Gallant Capital Partners has acquired the government services business of Navient Corporation, known as Navient Government Services (NGS).
  • NGS provides tech-enabled outsourced business processing services to U.S. federal, state, and local governments.
  • The acquisition marks Gallant's second corporate carveout in the past year, following its acquisition of Fime and UL Solutions' digital payments testing business.
  • Navient Corporation has been restructuring and focusing on its core businesses of private education loan servicing and asset recovery.

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