Gallant Capital has completed its acquisition of Navient's Government Services Business.
Gallant Capital Partners is a private equity firm that invests in technology, business services, and industrial companies.
Navient delivers technology-enabled education finance solutions make complex programs simple.
Navient’s Government Services business provides tech-enabled processing, collections, and record lookups for tolling and parking authorities, outsourced government program management and support, government agency revenue management, and end-to-end payment processing solutions.
Sources: Navient, Businesswire
Read the full press release here.