After a majority investment from Goldman Sachs Alternatives completed Mace Consult’s carve-out in 2025, the firm is now preparing for life as an independent, with a raft of new plans. The firm has announced new delivery standards for programme and project management services, as it looks to bill itself as a client-centric partner to companies around the world.
Launched in 1990, as part of the global engineering and professional services firm Mace, Mace Consult has spent three decades creating an expert team. In that time, it has advised clients on the development and delivery of iconic programmes around the world; from global mega-events such as the London 2012 Olympic and Paralympic Games and Dubai Expo 2020, to multi-billion dollar infrastructure investments such as the GO Expansion rail programme in Canada and the Reconstruction with Changes in Peru.
In July 2025, it was carved out from the Mace Group by a majority private equity investment by Goldman Sachs Alternatives. With more than 5,500 professionals globally, the move established Mace Consult as one of the largest independent project and programme consulting businesses in the world. Led by CEO Davendra Dabasia, and retaining the Mace brand, the firm says it is now “well-positioned to scale its operations and growth around the globe.”
Dabasia contended, “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.”
Mace Consult manages this integration challenge through four service offerings – Strategic Advisory, Cost and Commercial Management, Programme Management Office (PMO) and Planning, and Programme 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 programme momentum.
Following years of double-digit growth, Mace Consult generated close to $1 billion 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.”
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