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WilmerHale Represents Navient in $155M Acquisition of Earnest

WilmerHale Represents Navient in $155M Acquisition of Earnest

October 6, 2017

On October 4, 2017, Navient, a leading provider of asset management and business processing solutions, announced it has entered into an agreement to acquire Earnest, a leading financial technology and education finance company. Under the terms of the agreement, Navient will acquire Earnest for $155 million in cash.

The WilmerHale team representing Navient in this transaction was led by Stephanie Evans and included Eric Hanson, Alan Wilson, Jared Brenner, Bill Caporizzo, Ashwin Gokhale and Scott Kilgore.

More details can be found in the parties' press release.