Led by CEO Davendra Dabasia, Mace Consult will retain the Mace brand, with more than 5,500 professionals operating across six continents.
Commenting on the announcement, Dabasia said the investment will give the business the capital and strategic backing to scale its operations, particularly in North America.
As part of the “exciting new chapter”, the company will invest in digital tools that will help to “set new standards for programme and project delivery”, he added.
“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’s current contracts include the UK’s New Hospital Programme, the Hudson Tunnel Project in New York, and Metrolinx’s GO Expansion programme in Ontario, Canada.
In 2025, the business generated close to $1bn (£748.2m) in revenue.
Construction business rebrand
Following the demerger, Mace Group’s construction arm – Mace Construct – will adopt a new name and brand later this year.
Jason Millett, Mace Group’s CEO, said: “What each business has achieved over the past three decades is phenomenal; the growth, the success, the trust our clients have placed in us and the opportunities we have been able to give our people.
“Personally, it was a privilege, and I will be forever grateful to have led Mace Consult to become the leading global programme manager. I can’t wait to see what Davendra and his team go on to achieve.
“At Mace Construct, we have a really exciting future ahead of us. Holding on to everything that made us great before, but with a clearer focus, stronger operating model and growth plans grounded in resilience.”
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Mace buys 50-person US consultant Goldman Sachs acquires majority stake in UK’s Mace ConsultMace Consult now standalone firm after Goldman Sachs buyout Global Construction Review.
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