The Goldman Sachs Group - M&A Summary and Business Overview

Financial ServicesCompany

The Goldman Sachs Group M&A Summary

The Goldman Sachs Group has acquired 9 companies, including 3 in the last 5 years. A total of 2 acquisitions came from private equity firms. It has also divested 7 assets.

The Goldman Sachs Group’s largest acquisition to date was in 2021, when it acquired GreenSky for $2.2B. It’s largest disclosed sale occurred in 2012, when it sold Goldman Sachs Administration Services to State Street for $550M. The Goldman Sachs Group has acquired in 5 different US states, and 3 countries. The Company’s most targeted sectors include financial services (34%) and software (12%).

The Goldman Sachs Group Business Overview

Where is The Goldman Sachs Group headquartered?

The Goldman Sachs Group is headquartered in New York, New York.

What is The Goldman Sachs Group’s revenue?

The Goldman Sachs Group disclosed revenue of 46,254M USD for 2023 and 47,365M USD for 2022.

How many employees does The Goldman Sachs Group have?

The Goldman Sachs Group has 44,400 employees.

What sector is The Goldman Sachs Group in?

The Goldman Sachs Group is a financial services company.

When was The Goldman Sachs Group founded?

The Goldman Sachs Group was founded in 1869.

M&A Summary

  • M&A Total Activity16
    • M&A Buy Activity9
    • M&A Sell Activity7
  • Total Sectors Invested 7
  • Total Countries Invested 3
  • M&A Buy/Sell Connections 16
  • M&A Advisors 3

The Goldman Sachs Group

The Goldman Sachs Group, Inc.

200 West Street,
New York, New York 10282
United States,
(212) 902-1000
www.goldmansachs.com

The Goldman Sachs Group is an investment banking, securities and investment management firm. The Firm offers a range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and high-net-worth individuals. The Goldman Sachs Group was founded in 1869 and is based in New York, New York.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.6/yr) # 6 1 1 - - 1 9
vol $2.2B $2.2B
Sell (0.6/yr) # 4 - 1 - 2 - 7
vol $550M $550M
  16

Most Recent M&A

Company Date Value Type
Divcon Controls 2024-02-20 - Stake Purchase
Dallas, Texas · www.divconcontrols.com
GreenSky, Inc. 2023-10-11 - Divestiture
Atlanta, Georgia · www.greensky.com
United Capital Financial Advisers LLC 2023-08-28 - Divestiture
Newport Beach, California · www.goldmanpfm.com
GreenSky, Inc. 2021-09-15 2.2B USD Add-on Acquisition
Atlanta, Georgia · www.greensky.com
ReNew Energy Global plc 2021-02-24 - IPO
Gurgaon, India · www.renewpower.in
Folio Financial, Inc. 2020-10-06 - Add-on Acquisition
McLean, Virginia · www.foliofinancial.com
The Goldman Sachs Group, Inc. - Threat Intelligence Platform 2018-05-07 - Divestiture
New York, New York
Honest Dollar, Inc. 2016-03-23 - Add-on Acquisition
Austin, Texas · www.honestdollar.com
AppSense, Inc. 2016-03-14 - Trade Sale
New York, New York · www.appsense.com
ReNew Energy Global plc 2014-07-01 - Growth Capital
Gurgaon, India · www.renewpower.in
View All >>

Business Unit M&A

Company Acquired Add-On/Sale Date #
Goldman Sachs Asset Management    - Sepro Corp. 2024-07-29 18
New York, New York · www.gsam.com Carmel, Indiana · www.sepro.com
Goldman Sachs Asset Management    - Xpress Wellness LLC 2024-05-23 17
New York, New York · www.gsam.com Oklahoma, Oklahoma · www.xpresswellnessurgentcare.com
Goldman Sachs Asset Management    - Adler & Allan Ltd. 2024-04-30 16
New York, New York · www.gsam.com Harrogate, United Kingdom · www.adlerandallan.co.uk
Goldman Sachs Asset Management    - Cprime, Inc. 2023-01-10 15
New York, New York · www.gsam.com Cary, North Carolina · www.cprime.com
Goldman Sachs Asset Management    - Sani/Ikos Group 2022-09-22 2
New York, New York · www.gsam.com Halkidiki, Greece · www.saniikos.com
Goldman Sachs Asset Management    - Caldic B.V. 2021-11-22 1
New York, New York · www.gsam.com Rotterdam, Netherlands · www.caldic.com
Goldman Sachs Asset Management    - MDVIP LLC 2021-08-19 14
New York, New York · www.gsam.com Boca Raton, Florida · www.mdvip.com
Goldman Sachs Asset Management    - amedes Group 2021-07-30 13
New York, New York · www.gsam.com Hamburg, Germany · www.amedes-group.com
Goldman Sachs Asset Management    - Standard & Poor's Investment Advisory Services 2019-03-18 12
New York, New York · www.gsam.com New York, New York · www.spiasllc.com
Goldman Sachs Asset Management    - Animal Supply Company LLC 2019-02-26 11
New York, New York · www.gsam.com Grand Prairie, Texas · www.animalsupply.com

M&A by Sector

Sector Buy # Value Sell # Value
Financial Services 3 (33%) - 1 (14%) -
Software 1 (11%) - 2 (29%) -
Business Services 1 (11%) - 1 (14%) 550M (100%)
Information Technology 1 (11%) 2.2B (100%) 1 (14%) -
Renewable Energy 1 (11%) - 1 (14%) -
Insurance 1 (11%) - - -
Internet Software and Services 1 (11%) - - -
Communications - - 1 (14%) -
Total 9 $2.2B 7 $550M

By Geo

State/Country Buy Value Sell Value
United States 7 2.2B 6 550M
  New York 2 - 2 -
  Texas 2 - - -
  Georgia 1 2.2B 1 -
  California 1 - 1 -
  Virginia 1 - - -
  North Carolina - - 1 -
India 1 - 1 -
China 1 - - -
Domestic 7 (78%) 2.2B (100%) 6 (86%) 550M (100%)
Cross-border 2 (22%) - 1 (14%) -
Total 9 $2.2B 7 $550M

Top M&A Advisors

Financial Deals
Goldman Sachs
2
Legal Deals
Wachtell, Lipton, Rosen & Katz
1
Sullivan & Cromwell
1

Deal Values

buy # Total
> $1B 1 $2.2B
TOTAL $2.2B
Largest GreenSky, Inc.
$2.2B (2021-09-15)
sell # Total
$100M to $1B 1 $550M
TOTAL $550M
Largest Goldman Sachs Administration Services (GSAS)
$550M (2012-07-17)

M&A Connections

Deals
Acquired from
Investor(s)
22%
2 (22%)
Strategic(s)
11%
1 (11%)
Divested to
Investor(s)
29%
2 (29%)
Strategic(s)
71%
5 (71%)

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