Mace Consult has launched as a standalone programme and project management consultancy following the completion of a majority private equity investment by Goldman Sachs Alternatives and a carve-out from Mace Group on 5 March 2026.

The deal, first announced in July 2025, establishes one of the largest independent consultancies of its kind, with more than 5,500 specialist professionals operating across six continents. Led by CEO Davendra Dabasia, the business will retain the Mace brand and focus on delivering end-to-end certainty for clients from strategy through execution, ensuring projects are delivered on time, on budget and to scope.

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 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."

The consultancy has a track record on flagship programmes, notably the London 2012 Olympic Games, and is currently supporting the UK's New Hospital Programme. Internationally, it holds key roles on the Hudson Tunnel Project in New York, Metrolinx's GO Expansion in Toronto, and major schemes in Saudi Arabia including Diriyah and Qiddiya—underlining the scale and complexity of programmes it manages.

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In Asia, Mace Consult has secured significant wins as programme management partner for MTR Corporation's new rail network and for the Civil Engineering and Development Department's Northern Metropolis programme in Hong Kong. The company also manages commercial, industrial, life sciences and technology portfolios for Fortune 500 clients.

Following years of double-digit growth, Mace Consult generated close to US$1bn in revenue in 2025. The fresh capital will accelerate expansion in target markets such as infrastructure, clean energy and climate resilience, sports and entertainment, advanced manufacturing and technology, and digital connectivity—areas that are driving UK and international investment pipelines.

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."

Mace Consult's offering spans four core services—Strategic Advisory; Cost and Commercial Management; Programme Management Office (PMO) and Planning; and Programme and Project Management—to establish robust governance and delivery frameworks. This approach enables timely decision-making, early issue resolution, a consistent focus on safety and sustainability, and coordination across complex interfaces to maintain programme momentum.

Now independent from Mace Group and with ownership of the Mace brand, Mace Consult is solely focused on representing clients' interests across the full delivery lifecycle—challenging timelines, mitigating risks and holding stakeholders to account as a fully integrated partner. Mace Construct operates separately as an independent construction business.

Advisers on the transaction included Lazard (M&A and financing), Jefferies International Limited (M&A) and White & Case (legal) for Goldman Sachs Alternatives, with UBS (M&A) and Linklaters (legal) advising Mace Group.