Mace Group has announced that its consultancy division, Mace Consult, will receive a majority investment from Private Equity at Goldman Sachs Alternatives. This investment will be facilitated through a carve-out from the Mace Group, enabling Mace Consult to operate as an independent business. The partnership aims to position Mace Consult as a leading global programme management consultant, with plans for strategic acquisitions to boost its market presence. Executive Chair Mark Reynolds and CEO Jason Millett of Mace Group will retain minority stakes and continue to be involved in Mace Consult's Board. The transaction is anticipated to be completed in 2025, pending regulatory approvals.
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