Gallant Capital to acquire government services business from Navient.

Gallant Capital, a private equity firm that invests in technology, business services, and industrial companies, agreed to acquire government services business from Navient, a tech-enabled outsourced business processing to US federal, state, and local government clients. Finacial terms were not disclosed. “NGS is a leader in the government services industry with a proven track record of technology-driven innovation and growth. We look forward to supporting the NGS management team and to a future of continued growth as a standalone business," Anthony Guagliano, Gallant Partner.