Mace Consult Accelerates Global Growth as Independent Leader in Infrastructure and Capital Programmes
Major Investment Marks New Era for Mace Consult
Mace Consult, a prominent independent firm specializing in infrastructure and capital programmes, has successfully concluded a majority private equity investment by Goldman Sachs Alternatives. This strategic move, which involves a carve-out from Mace Group, positions Mace Consult for enhanced global growth and operational expansion.
The transaction, initially announced in July 2025, has now been finalized. This development establishes Mace Consult as one of the largest independent project and programme consulting firms globally. With a workforce exceeding 5,500 specialists across six continents, Mace Consult is well-equipped to deliver projects and programmes efficiently, ensuring they are completed on time, within budget, and according to specifications.
Leadership and Strategic Vision
Under the leadership of CEO Davendra Dabasia, Mace Consult is set to retain the Mace brand while focusing on scaling its operations worldwide. Dabasia emphasized the significance of this partnership with Goldman Sachs Alternatives, stating that it provides the necessary capital and strategic support to enhance operations, particularly in North America. The investment will also facilitate the development of digital tools aimed at improving predictability, automation, and control in project delivery.
Dabasia noted that the company’s success is rooted in the expertise and dedication of its personnel, whose specialized knowledge will be further leveraged for career growth as the firm expands its global footprint.
Notable Projects and Partnerships
Mace Consult has a history of partnering with clients on high-profile infrastructure projects, including the London 2012 Olympic Games. The firm is currently involved in several significant initiatives, such as the New Hospital Programme in the UK, the Hudson Tunnel Project in New York, and the Metrolinx GO Expansion program in Toronto. Additionally, Mace Consult is engaged in major projects in Saudi Arabia, including Diriyah and Qiddiya.
In Asia, Mace Consult has secured its role as the programme management partner for MTR Corporation’s new rail network and the Civil Engineering and Development Department’s Northern Metropolis programme in Hong Kong. These achievements represent significant milestones for the company in the Asian market.
Financial Performance and Market Focus
Mace Consult has experienced consistent double-digit growth, generating nearly US$1 billion in revenue in 2025. The recent investment from Goldman Sachs Alternatives is expected to accelerate growth in key markets, including infrastructure, clean energy, climate resilience, sports and entertainment, advanced manufacturing, and digital connectivity.
Jose Barreto, a Partner at Goldman Sachs Alternatives, expressed enthusiasm for the partnership, highlighting Mace Consult’s entrepreneurial culture and commitment to client outcomes as distinguishing factors in the industry. The firm aims to continue delivering lasting value for clients and communities worldwide.
Comprehensive Service Offerings
Mace Consult addresses the complexities of major infrastructure programmes, which often involve numerous organizations and substantial financial resources. The firm offers a comprehensive suite of services, including Strategic Advisory, Cost and Commercial Management, Programme Management Office (PMO) and Planning, and Programme and Project Management. This integrated approach establishes governance and delivery frameworks that facilitate timely decision-making, proactive problem resolution, and prioritization of safety and sustainability.
Now operating independently from Mace Group and with ownership of the Mace brand, Mace Consult is dedicated to managing client delivery effectively. The firm advocates for its clients’ interests, ensuring accountability and risk mitigation throughout the project lifecycle.
Advisory and Legal Support
Goldman Sachs Alternatives received advisory support from Lazard for M&A and financing, Jefferies International Limited for M&A, and White & Case for legal matters. Mace Group was advised by UBS for M&A and Linklaters for legal services.
About Mace Consult
Mace Consult has been a leader in delivering impactful infrastructure and capital programmes for over 30 years. The firm has set industry standards in project management, PMO, planning, cost and commercial management, and digital solutions. Mace Consult’s diverse portfolio includes Olympic Parks, airport expansions, hospitals, data centers, transportation systems, energy networks, and urban developments. The company’s teams are committed to delivering projects on time, within budget, and according to scope.
For more information, visit www.zawya.com.
About Goldman Sachs Alternatives
Goldman Sachs (NYSE: GS) is a leading global investor in alternatives, managing over $625 billion in assets. The firm invests across a wide range of alternatives, including private equity, growth equity, private credit, real estate, infrastructure, sustainability, and hedge funds. Goldman Sachs Alternatives focuses on delivering long-term investment performance through partnerships and customized strategies, leveraging its extensive global network and industry expertise.
Established in 1986, Goldman Sachs Alternatives has invested over $75 billion in private equity, combining a global network of relationships and insights to drive value creation across its portfolios.
