Mace Consult Goes Independent in Official Launch

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LONDON and NEW YORK - Mace Consult announced the completion of the majority private equity investment by Goldman Sachs Alternatives and carve-out from Mace Group.

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). According to the release, the transaction was announced first in July 2025 and is now closed, establishing Mace Consult as “one of the largest independent project and program consulting businesses in the world and creates a strong platform for its future.” Mace Consult is an independent company that works to deliver infrastructure and capital programs with more than 5,500 specialist professionals working across six continents.

With the investment, Mace Consult will retain the Mace brand. Mace Consult will now begin its “new phase as a client-centric partner” and is solely focused on managing delivery for clients now that it is independent from Mace Group and has ownership of the Mace Brand. It offers four primary service offerings including Strategic Advisory, Cost and Commercial Management, Program Management Office (PMO) and Planning, and Program and Project Management.

Mace Consult CEO Davendra 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 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.”

Partner within Private Equity at Goldman Sachs Alternatives Jose Barreto said, “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.”