Nelnet, Inc.
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Nelnet, Inc. - overview
Location
Lincoln, NE, US
Primary Industry
Internet
About
Nelnet, Inc. , based in the USA, specializes in student loan servicing and consumer financial services, delivering tailored solutions for educational institutions and government agencies, enhancing borrower experiences and operational efficiency. Nelnet, Inc. is a company focused on servicing student loans and providing financial services.
Founded in Lincoln, Nebraska, it has evolved its business strategy over the years to adapt to the changing landscape of education financing. The company is led by CEO Jeffrey Noordhoek. Despite changes in the industry, Nelnet has maintained its presence in the student loan market through innovative solutions and partnerships. Nelnet offers a comprehensive suite of products and services primarily focused on student loan servicing, government solutions, and consumer financial services.
Their core offerings include the servicing of federal and commercial student loans, addressing the needs of borrowers navigating repayment options, and streamlining loan servicing solutions tailored for financial institutions. The company specializes in government services, delivering customized solutions to enhance operational processes for federal, state, and local agencies, including digital accessibility and contact center support. Nelnet’s consumer services division assists financial institutions in managing risk and improving borrower experiences through sophisticated technology solutions. Their products are utilized across the United States, serving a diverse clientele that includes students, educational institutions, government entities, and financial institutions.
Nelnet generates revenue primarily through its loan servicing operations, partnerships with government agencies, and consumer financial services. The company engages in B2B transactions with financial institutions and educational entities, providing tailored loan servicing and capital market solutions. In the context of student loans, Nelnet facilitates payments, manages borrower accounts, and offers customer support. Revenue is earned through service fees associated with loan servicing, contract agreements with government agencies, and potentially through performance-based metrics tied to borrower satisfaction.
Nelnet Bank also contributes to revenue through private student loans offered with competitive rates and flexible repayment options, diversifying its revenue streams.
Primary Industry
Internet
Sub Industries
Consulting Services, Internet, Information Services
Website
www.nelnetinc.com/
Total Amount Raised
Subscriber access only
Nelnet, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Corporate Carve Out | Completed | Allo Communications, LLC | - |
Displaying 1 - 1 of 1
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.