On August 13, 2024, Navient Corporation (Nasdaq: NAVI), a provider of technology-enabled education finance and business processing solutions, announced it has entered into a definitive agreement to sell Xtend Healthcare, its healthcare revenue cycle management business, to CorroHealth, a leading health technology company, for $365 million cash consideration. The transaction is subject to customary closing conditions.
The WilmerHale team representing Navient was led by Stephanie Evans and included JC Minko, Molly Nelson, Kyle Kessler, Jeff Johnson, Scott Kilgore, William Caporizzo, Julie Hogan Rodgers, Simona Altshuler, Nathan Moore, Kirk Nahra, Bruce Manheim, Douglas Burton, David Gold, Leon Greenfield and Carla Gilbertson.