Owner Raises $240M Growth Equity Led by Goldman Sachs Alternatives

Infrastructure at Goldman Sachs Alternatives Acquires QScale

May 14, 2026

IT Services

Infrastructure at Goldman Sachs Alternatives has closed its acquisition of QScale, a Canadian developer and operator of next-generation, AI-ready data centers, in partnership with QScale’s founders and management team. QScale’s management will continue to lead the business and retain headquarters in Québec as the company expands AI data center campuses across Canada.

Goldman Sachs Alternatives Invests in Schellman (Lightyear Capital Retains Stake)

March 5, 2026

Cybersecurity

Lightyear Capital, the majority investor in Schellman since 2021, announced that Schellman is receiving a strategic investment from the Private Equity business at Goldman Sachs Alternatives. The investment is intended to accelerate Schellman’s next phase of growth, including capability expansion and scaling the team, and the transaction is expected to close in Q2 2026 subject to regulatory approvals.

Goldman Sachs Alternatives Leads $3.5B Debt Financing for Clearwater Analytics Buyout

February 12, 2026

Cloud & SaaS

A group of private credit firms led by Goldman Sachs Alternatives is providing $3.5 billion in debt to support the buyout of Clearwater Analytics Holdings Inc. Ares Management, Blue Owl Capital, Antares Capital, and Apollo Global Management are also joining the lender group.

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.

General Atlantic Credit, Blackstone and Morgan Stanley Invest $425M in Buyers Edge Platform

April 8, 2024

Food & Beverage

Buyers Edge Platform secured a $425 million preferred equity investment led by General Atlantic Credit’s Atlantic Park fund, alongside Blackstone Tactical Opportunities and Morgan Stanley Tactical Value. The financing will fund platform innovation, strategic M&A and European expansion; institutional investor Bregal Sagemount will exit its minority stake while founder John Davie increases his majority ownership.

Summa Equity and Goldman Sachs Acquire Stakes in EcoOnline

February 18, 2020

Cloud & SaaS

Summa Equity Fund II and Goldman Sachs Merchant Banking Division have each agreed to acquire a 33% ownership stake in EcoOnline from selling shareholders including Summa Equity Fund I and Viking Venture, securing new capital to support the company's international expansion. The transaction, which keeps Summa Equity as a controlling shareholder, will fund organic and acquisition-based growth of EcoOnline's HSEQ SaaS platform and is subject to antitrust approval.