United Arab Emirates: Mace Consult, a leading independent company focused on delivering impactful infrastructure and capital programmes, on Friday announced the completion of the majority private equity investment by Goldman Sachs Alternatives and carve-out from Mace Group.

With more than 5,500 specialist professionals operating across six continents, Mace Consult delivers certainty, working with clients from strategy through execution to deliver projects and programmes on time, on budget, and on scope.

The transaction, first announced in July 2025, has now closed and establishes Mace Consult as one of the largest independent project and programme consulting businesses in the world and creates a strong platform for its future. Led by CEO Davendra Dabasia, Mace Consult will retain the Mace brand and is well-positioned to scale its operations and growth around the globe.

Dabasia said: “Today marks the beginning of an exciting new chapter for Mace Consult. Our partnership with Goldman Sachs Alternatives gives us the capital and strategic backing to scale our operations, particularly in North America, and to invest in digital tools that provide greater predictability, automation and control to set new standards for programme and project delivery, unlocking value across the lifecycle. Our success is built on the talent and dedication of our people, who retain specialist knowledge, for whom this investment offers meaningful career growth as we expand globally.”

Mace Consult prioritises outcomes and has partnered with clients on some of the world’s most iconic infrastructure programmes including the London 2012 Olympic Games, and is currently playing leading roles on the New Hospital Programme in the UK, Hudson Tunnel Project in New York, United States, Metrolinx’s GO Expansion program in Toronto, Canada, and major programmes in Saudi Arabia including Diriyah and Qiddiya.

Mace Consult was also appointed programme management partner for MTR Corporation’s new rail network, and the Civil Engineering and Development Department’s (CEDD’s) Northern Metropolis programme in Hong Kong, marking the most significant wins for the business in Asia to date. Mace Consult provides its holistic suite of services to Fortune 500 clients’ commercial, industrial, life science and technology portfolios.

Following years of double-digit growth, Mace Consult generated close to $1 billion in revenue in 2025. The majority investment by GS Alternatives injects capital to accelerate growth in buoyant target markets, such as infrastructure, clean energy and climate resilience, sports and entertainment, advanced manufacturing and technology, and digital connectivity.

Jose Barreto, Partner within Private Equity at Goldman Sachs Alternatives, added: “We are excited to partner with Mace Consult into the next phase of its growth journey. The company’s entrepreneurial culture, focus on client outcomes, and commitment to excellence set it apart in the industry. We’re looking forward to supporting Mace Consult as it continues to deliver enduring value for clients and communities worldwide.”

Major infrastructure programmes often involve dozens of organisations, thousands of decisions, and billions of dollars moving in parallel. Mace Consult manages this integration challenge through four service offerings – Strategic Advisory, Cost and Commercial Management, Programme Management Office (PMO) and Planning, and Programme and Project Management. This holistic service offering establishes governance and delivery frameworks that enable timely and well-informed decisions, early and pre-emptive resolution of problems, prioritisation of safety and sustainability, and active coordination between interfaces to maintain programme momentum, it said.

Now independent from Mace Group and with ownership of the Mace brand, Mace Consult is focused purely on managing delivery for clients. Mace Consult represents the best interests of clients’ programmes, challenging timelines, mitigating risks, holding stakeholders accountable, as a fully integrated delivery partner across the lifecycle.

Goldman Sachs Alternatives was advised by Lazard (M&A and Financing), Jefferies International Limited (M&A), and White & Case (Legal). Mace Group was advised by UBS (M&A) and Linklaters (Legal).