Goldman Sachs Alternatives Acquires AAB from August Equity

August Equity Makes Significant Investment in Anderson Anderson & Brown (AAB)

October 25, 2021

Accounting & Tax

August Equity has made a significant investment in Anderson Anderson & Brown (AAB) to accelerate the firm's growth, expand its regional UK footprint, and fund further technology investment and M&A activity. The capital will support hiring, tech investment and AAB's plans to scale its accountancy and business services platform across the UK.

AAB Wealth Acquires Magus Wealth

April 16, 2025

Wealth Management

AAB Wealth (part of AAB) has acquired London-area financial planning firm Magus Wealth, adding approximately £650 million of Assets under Advice and bringing AAB Wealth's total AuA to £1.8 billion. The deal expands AAB Wealth’s presence in London and the Southeast and continues its roll-up strategy under its PE backing from August Equity.

Goldman Sachs Alternatives Acquires Adler & Allan from Sun European/Sun Capital Affiliate

April 30, 2024

Environmental Services

An affiliate of Sun European Partners / Sun Capital Partners has agreed to sell Adler & Allan, a leading UK environmental risk reduction specialist headquartered in Harrogate, to the private equity business at Goldman Sachs Alternatives. The sale is subject to customary anti-trust and regulatory approvals and is expected to close in the coming months; Goldman Sachs intends to accelerate growth organically and via targeted acquisitions in the UK and overseas, with a focus on sustainability, climate transition and water services.

Capital A Acquires Majority Stake in AB Software & Consultancy BV

March 14, 2023

IT Services

Capital A (an investment company) has acquired a majority stake in AB Software & Consultancy BV, an ERP implementation partner and software developer serving the manufacturing sector in the Netherlands. The investment will support AB's organic growth and a buy-and-build strategy to expand its portfolio of services and products; AB has about four locations in the Netherlands and roughly 80 employees.

Goldman Sachs Alternatives Acquires Majority Stake in TAIT from Providence Equity Partners

July 9, 2024

Media & Entertainment

The Private Equity business at Goldman Sachs Alternatives will acquire a majority stake in TAIT from affiliates of Providence Equity Partners and other existing investors. TAIT's management will remain significant shareholders as Goldman Sachs looks to broaden the company's technology offerings and expand its global footprint in live and location-based experiences.

Goldman Sachs Alternatives Acquires Majority Stake in Trackunit

February 10, 2025

Cloud & SaaS

Private Equity at Goldman Sachs Alternatives has agreed to acquire a majority stake in Trackunit from funds advised by Hg and GRO Capital, with Hg reinvesting alongside Goldman Sachs. Trackunit, a Denmark-headquartered SaaS and operating data platform for the construction ecosystem, will receive capital and strategic support to accelerate product development, international expansion and innovation; the deal is subject to customary regulatory approvals and expected to close in early summer.