Investment Summary

The Goldman Sachs Group Invests In Divcon Controls

On February 20, 2024, The Goldman Sachs Group invested in business services company Divcon Controls

Investment Highlights
  • This is The Goldman Sachs Group’s 1st transaction in the Business Services sector.
  • This is The Goldman Sachs Group’s 7th transaction in the United States.
  • This is The Goldman Sachs Group’s 2nd transaction in Texas.

Investment Summary

Date 2024-02-20
Target Divcon Controls
Sector Business Services
Investor(s) The Goldman Sachs Group
Deal Type Stake Purchase

Target

Divcon Controls

Dallas, Texas, United States
Divcon Controls provides building management and electrical power monitoring systems to mission-critical facilities, enabling the customer to control, automate & monitor energy and power functions. Divcon Controls was founded in 2017 and is based in Dallas, Texas.

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Investor(S) 1

Investor

The Goldman Sachs Group

New York, New York, United States

Category Company
Founded 1869
Sector Financial Services
Employees46,500
Revenue 53.5B USD (2024)
DESCRIPTION

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.


DEAL STATS #
Overall 9 of 9
Sector (Business Services) 1 of 1
Type (Stake Purchase) 2 of 2
State (Texas) 2 of 2
Country (United States) 7 of 7
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-10-11 GreenSky

Atlanta, Georgia, United States

GreenSky is a technology company powering commerce at the point of sale for a growing ecosystem of merchants, consumers, and banks. The company's highly scalable, proprietary, and patented technology platform enables merchants to offer frictionless promotional payment options to consumers, driving increased sales volume and accelerated cash flow. Banks leverage GreenSky’s technology to provide loans to super-prime and prime consumers nationwide. GreenSky was formed in 2006 and is based in Atlanta, Georgia.

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