Nelnet Canada Inc., a wholly-owned subsidiary of Nelnet, announced that it has completed its acquisition of EDULINX Canada Corp. from CIBC. The 600 person EDULINX Canada will remain a Canadian company. Nelnet announced the acquisition on Oct. 26. EDULINX is the largest servicer of government sponsored student loans in Canada
"EDULINX will enhance Nelnet's servicing and fee-based revenue, as well as provide expanded opportunities for diversification and access to the Canadian market," Nelnet said in a release.