Goldman Sachs to Acquire Innovator Capital Management
December 2, 2025
Goldman Sachs agreed to acquire Innovator Capital Management in a transaction valued at approximately $2 billion in cash and equity, subject to performance targets and regulatory approval. The deal is expected to close in the second quarter of 2026 and will expand Goldman Sachs Asset Management’s ETF lineup, adding $28 billion in assets under supervision across 159 defined outcome ETFs.
- Buyers
- Goldman Sachs
- Targets
- Innovator Capital Management
- Industry
- Cloud & SaaS
- Location
- Illinois, United States
- Transaction Type
- Buyout
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