Mace Consult has completed a majority private equity investment from Goldman Sachs Alternatives, finalising its carve-out from Mace Group and establishing the business as one of the world’s largest independent project and programme consulting firms.
The transaction, first announced in July 2025, provides the company with new capital and strategic backing to accelerate global expansion. Mace Consult will retain the Mace brand and continue to operate under the leadership of CEO Davendra Dabasia.
With more than 5,500 professionals working across six continents, the firm supports clients across the full project lifecycle, from early strategy and advisory through to programme execution and delivery.
Investment aimed at scaling global programme delivery
The investment is expected to support growth in key markets, particularly North America, while enabling further investment in digital tools designed to improve predictability, automation and control across major programmes.
Davendra Dabasia, CEO of Mace Consult, said the deal marks the beginning of a new phase for the company as it expands its global footprint and strengthens its capability in complex programme delivery.
“We now have the capital and strategic backing to scale our operations globally and continue investing in the tools and talent that enable better project outcomes for our clients,” he said.
Experience across major global programmes
Mace Consult has played a role in some of the world’s most prominent infrastructure programmes, including the London 2012 Olympic Games, the UK’s New Hospital Programme, the Hudson Tunnel Project in New York and the GO Expansion programme in Toronto.
The firm is also involved in major development programmes in Saudi Arabia, including Diriyah and Qiddiya, while recent appointments in Asia include programme management roles on Hong Kong’s Northern Metropolis programme and MTR Corporation’s new rail network.
In 2025, the company generated close to $1 billion in revenue following several years of double-digit growth.
Focus on integrated programme governance
Mace Consult’s delivery model centres on four core service areas: strategic advisory, cost and commercial management, programme management office and planning, and programme and project management.
Together, these capabilities are designed to strengthen governance across complex infrastructure programmes, improve decision-making and manage the integration challenges that arise when multiple contractors, stakeholders and funding streams operate simultaneously.
With its new ownership structure and continued focus on independent programme oversight, the company is positioning itself as a global delivery partner supporting large-scale capital investment across infrastructure, clean energy, digital connectivity and advanced manufacturing sectors.
