Mace Consult has announced the successful completion of the majority private equity investment by Goldman Sachs Alternatives and its carve-out from Mace Group.
With more than 5,500 specialist professionals operating across 6 continents, Mace Consult delivers certainty, working with clients from strategy through execution to deliver projects and programs on time, on budget, and on scope, said a statement.
The transaction, first announced in July 2025, has now closed and establishes Mace Consult as one of the largest independent project and program 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, it added.
Davendra Dabasia, Mace Consult CEO 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 program 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 program including the London 2012 Olympic Games, and is currently playing leading roles on the New Hospital Program in the UK, Hudson Tunnel Project in New York, United States, Metrolinx’s GO Expansion program in Toronto, Canada, and major program in Saudi Arabia including Diriyah and Qiddiya, the statement explained.
Mace Consult was also appointed program management partner for MTR Corporation’s new rail network, and the Civil Engineering and Development Department’s (CEDD’s) Northern Metropolis program 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, the firm said.
Following years of double-digit growth, Mace Consult generated close to US $1bn 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 programs 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, Program Management Office (PMO) and Planning, and Program 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 program momentum.
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’ programs, challenging timelines, mitigating risks, holding stakeholders accountable, as a fully integrated delivery partner across the lifecycle, the statement concluded.
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