Contractor signal profile

NELNET SERVICING LLC

Acquisition-signal score 50 / 100 — Elevated signal. Pattern-based, from public award history.

Lifetime obligations

$2.50B

Velocity (YoY)

4911%

Agencies served

1

Obligation trajectory

SEC EDGAR — public filer

Matched to NELNET INC (NNI, CIK 0001258602). Public filer with 12 corporate-event filing(s) in the last year — read alongside the award-pattern score.

View all filings on SEC.gov →

Why this score

+30
award_velocity
Award obligations are ramping fast — most-recent FY $360.8M vs prior $7.2M (4911% YoY, 10% multi-yr CAGR). Rapid, proven backlog growth is the classic profile PE/strategic acquirers target.
+12
recent_large_win
2 large award(s) ≥$5M in the last ~2 FYs (top: $983.7M, Department of Education). Fresh strategic wins de-risk the pipeline for an acquirer.
+8
target_size_band
Lifetime obligations $2.50B — squarely in the small/mid tuck-in size band acquirers shop in.

Obligation trajectory (by federal FY)

FYObligatedAwards
FY2016$137.1M1
FY2017$157.2M5
FY2018$155.0M5
FY2019$46.8M5
FY2020$1.09B5
FY2023$18.7M1
FY2024$521.6M3
FY2025$7.2M2
FY2026$360.8M2

Recent awards

StartAmountAgencyNAICS
2026-04-01$204.8MDepartment of Education522390
2025-10-01$156.0MDepartment of Education522390
2025-04-22$4.3MDepartment of Education522390
2025-01-01$2.9MDepartment of Education522390
2024-07-01$392.4MDepartment of Education522390
2024-04-01$79.3MDepartment of Education522390
2024-04-01$49.9MDepartment of Education522390
2023-04-25$18.7MDepartment of Education522390

Largest single award: $983.7M from Department of Education (2019-11-26).

How to read these scores. Cassandra computes leading-indicator signals strictly from public federal award history (USAspending.gov) and public SEC filings (EDGAR). Scores are pattern-based and probabilistic — they describe profiles that historically correlate with acquisitions and major corporate events. They are not predictions of certainty, not insider or material non-public information (MNPI), and not investment advice. Do your own diligence.

← Back to rising feed Get this via API / MCP