Goldman Sachs Acquires Industry Ventures For $965 Million

Goldman Sachs completed its acquisition of Industry Ventures in January 2026 in a deal valued at up to $965 million, which includes $665 million paid upfront and as much as $300 million in performance-based consideration.

Summary of transaction details:

• Deal Type: Acquisition
• Transaction Amount: $965,000,000
• Companies involved: Goldman Sachs, Industry Ventures
• Number of companies in venture portfolio: 525
• Number of funds: 1,600
• Total commitments: over $22 billion

Hans Swildens is the founder and CEO of Industry Ventures. The acquisition is aimed at enhancing the ability to serve entrepreneurs, venture fund managers, and investors by combining the venture capital expertise of Industry Ventures with the global resources of Goldman Sachs. This move is set to further strengthen the firm's alternatives investment platform.