Goldman Sachs Alternatives Acquires Majority Stake in Trackunit

Goldman Sachs Alternatives to Acquire Majority Stake in Numantec

July 27, 2026

Medical Devices

Numantec, a global developer, manufacturer, and distributor of infusion medical devices, has entered into a definitive agreement for Goldman Sachs Alternatives’ private equity business to acquire a majority stake. The deal will be purchased from White Bridge Investments and other existing shareholders, with completion expected in Q4 2026 subject to regulatory approvals.

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

July 9, 2024

IT Services

TAIT announced that the Private Equity business at Goldman Sachs Alternatives will acquire a majority stake in the company from affiliates of Providence Equity Partners, subject to customary regulatory approvals. Financial terms were not disclosed, and TAIT management will continue to lead the business and retain significant ownership.

Goldman Sachs Alternatives Takes Majority Stake in Crystal Group

May 6, 2024

Wealth Management

The Private Equity business at Goldman Sachs Alternatives has agreed to become the majority shareholder in French wealth manager Crystal, alongside Crystal's management team led by Bruno Narchal and Jean-Maximilien Vancayezeele; Seven2 will remain a c.25% shareholder. Crystal, founded in 1992, manages around €22 billion AUM (pro forma for recent acquisitions) and said the investment will support growth in France and internationally, including significant investments in digital and AI. The transaction is subject to regulatory and antitrust approvals.

GTreasury Acquires Hedge Trackers

January 18, 2022

Cloud & SaaS

GTreasury, a treasury and risk management SaaS provider, has acquired Hedge Trackers, a San Jose–based hedge accounting software and consulting firm. The deal brings Hedge Trackers’ Capella hedge accounting software and consulting expertise into GTreasury’s treasury and risk management platform to expand its SaaS capabilities for CFOs and treasury teams.

GRO Capital Reinvests in Trackunit; Minority Stake with Board Representation

June 4, 2021

Cloud & SaaS

GRO Capital announced a reinvestment in Trackunit through a newly established continuation vehicle, taking a minority position and securing board representation. The reinvestment is made alongside existing investor Hg, backing Trackunit’s continued growth as a SaaS-based telematics and machine-insights provider for the construction equipment market.

Hg Acquires Trackunit from Goldman Sachs and GRO Capital

March 24, 2021

Cloud & SaaS

Hg has agreed to acquire a controlling interest in Trackunit from Goldman Sachs Asset Management and GRO Capital. Trackunit is a SaaS-based telematics and IoT provider for the construction and off‑highway equipment market; Hg's investment is intended to accelerate the company's international expansion and product development. Terms were not disclosed and the transaction is subject to customary regulatory approvals.