Navient finalizes sale of Government Services business

Core Viewpoint - Navient has finalized the sale of its Government Services business to Gallant Capital Partners, marking a strategic exit from the business processing solutions sector [1][2]. Group 1: Transaction Details - The sale includes Navient's Government Services business, which comprises Navient Business Processing Group, Duncan Solutions, Gila (D.B.A Municipal Services Bureau), Pioneer Credit Recovery, and Navient BPO [2]. - Approximately 1,200 employees will transfer to Gallant Capital Partners as part of this transaction [2]. Group 2: Company Overview - Navient provides technology-enabled education finance solutions aimed at simplifying complex programs and helping millions achieve success [3]. - The company's services are customer-focused and data-driven, delivering exceptional results for clients [3].