Goldman Sachs Alternatives Majority Equity Investment Backs Mace Consult’s $1B Platform
Goldman Sachs Alternatives completed a majority equity investment in Mace Consult, carving it out from Mace Group and establishing the firm with 5,500 professionals and $1 billion in 2025 revenue as a project management provider. The capital injection will fund accelerated global expansion, enhanced digital tools and North America focus.
1. Transaction and Carve-Out Details
The transaction, first announced in July 2025, closed with Goldman Sachs Alternatives acquiring a majority stake in Mace Consult and carving it out from Mace Group. Mace Consult retains its brand under CEO Davendra Dabasia, operates with 5,500 professionals across six continents and reported nearly $1 billion in revenue for 2025.
2. Growth Strategy and Operational Focus
The investment injects capital to accelerate global expansion, particularly in North America, and to enhance digital offerings that improve predictability and automation. Mace Consult will leverage its four service lines—Strategic Advisory, Cost and Commercial Management, PMO and Planning, and Program and Project Management—to drive growth in infrastructure, clean energy, advanced manufacturing and digital connectivity markets.