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New Deal


Announced

SinglePoint Group to acquire General Revenue Corporation from Navient.

Synopsis

SinglePoint Group, a leading provider of specialized call center services for North American businesses, agreed to acquire General Revenue Corporation, one of the largest and most successful college and university-focused asset recovery agencies, from Navient, one of the nation's biggest student loan servicers. Financial terms were not disclosed. “Adding GRC to the SinglePoint group of companies broadens our servicing and geographic capabilities, while strengthening our commitment to delivering compliance-driven, best-in-class customer engagement and receivables management services to our clients,” said SinglePoint’s President & CEO Jonathan Finley. “The tenured and highly successful employees of GRC provide us with an experienced team and a recognized leader in the education and government sectors.”

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