Nelnet Buys Peterson’s
Nelnet announced today it has acquired Peterson’s, a leading provider of education and career guidance, from The Thomson Corporation Peterson’s provides a comprehensive suite of education and career-related solutions in the areas of education search, test preparation, admissions, financial aid information, and career assistance. The company reaches an estimated 105 million consumers annually with its publications and online information about colleges and universities, career schools, graduate programs, distance learning, executive training, private secondary schools, summer opportunities, study abroad, financial aid, test preparation, and career exploration resources.
Peterson’s will become a part of Nelnet’s Education Services division, utilize the Peterson’s brand, and maintain existing leadership. Based in Lawrenceville, New Jersey, Peterson’s employs approximately 220 associates.
Thomson was represented by The Jordan, Edmiston Group, Inc., a New York City based investment bank that specializes in the media and information industries. Additional information is available at www.nelnet.net.