9th March 2007
Pearson Government Solutions changes name to Vangent; expands service offerings
to better serve government to better serve, commercial and international customers
Vangent Launches New Website to Showcase Company’s
Leadership, Creativity and Innovation
Pearson Government Solutions today announced that its sale from Pearson plc
to Veritas Capital has officially closed. In conjunction with the close, the
company changed its name to Vangent Limited and expanded its offerings to
better serve its customers with new services and products
Under the terms of the agreement, Pearson plc was paid $600 million and, as
part of the agreement, will retain an interest of approximately 10% in
Vangent. Vangent will retain its existing operating structure. The present
leadership team will remain intact, and Mac Curtis will continue to serve as
chief executive officer. The company will maintain its UK headquarters in
London and other operations in South Yorkshire.
As a stand-alone company, Vangent is better positioned to provide the same
high-quality solutions that customers have grown to expect over the past 50
years, while expanding its services and solutions to bring an even more
robust offering to the government, commercial and international
marketplaces.
We are entering into an exciting new period of our company’s successful
history,” said Vangent President and Chief Executive Officer Mac Curtis. “
Our status as a stand-alone entity, with owners that are committed to our
success, allows us to target new opportunities in the marketplace and invest
in new solutions and services in a much more aggressive way.”
The name Vangent – a convergence of the words “vanguard” and “
cogent” – signifies the leadership, vision and compelling solutions the
company brings to its core offerings: consulting, systems integration, human capital
management and business process outsourcing services.
“What sets us apart is not only our depth and breadth of capabilities, but
also our in-depth understanding of our customers and the unique challenges
they face,” added Curtis. “As the demand for innovative solutions continues
to grow, Vangent is at the forefront in designing, building and operating
end-to-end mission-critical systems and processes that deliver real business
value to our customers.”
To showcase the company’s leadership, creativity and innovation, Vangent
launched a new website, www.vangent.com.
The new website integrates the global resources, capabilities and expertise of the former businesses,
including Pearson Government Solutions, Pearson Analytic Solutions, Pearson Blueprint Technologies and
Pearson Performance Solutions.
“Our new website will make it easier for customers to learn more about the depth and breadth of
our capabilities,” said Curtis. “Vangent is all about taking customers’ most
complex challenges and providing balanced solutions that deliver exceptional results at a predictable
cost. That’s why our website’s homepage proclaims, ‘Solving our customers’
toughest challenges – that’s what we do!’”
About Vangent
With over 5,500 employees worldwide, Vangent is a premier provider of Consulting, Systems Integration,
Human Capital Management and Business Process Outsourcing services to the UK and international governments,
higher education institutions, student financial aid entities and corporations. Clients include:
London Borough of Southwark; the Centres for Medicare & Medicaid Services; the US Departments of Education,
Health and Human Services, Justice, Labour, and Veterans Affairs; the Equal Employment Opportunity Commission;
and the U.S. Office of Personnel Management, as well as Fortune 500 companies.
Headquartered in Arlington, Virginia, the company has offices throughout the U.S. and in the U.K,
Mexico, Canada, Venezuela and Argentina. Additional information can be found at:
www.vangent.com.
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