Tag: Goldman Sachs
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Goldman Sachs Announces Acquisition of Industry Ventures in $7 Billion VC Push
Goldman Sachs Expands into Venture Capital with Industry Ventures Acquisition Goldman Sachs has agreed to acquire Industry Ventures, a San Francisco-based venture capital firm managing about $7 billion in assets under supervision. The deal, valued at $665 million in upfront cash and equity with potential additional consideration of up to $300 million based on future…
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Goldman Sachs to Acquire Industry Ventures: VC Expansion
Goldman Sachs to acquire Industry Ventures, signaling a strategic push into venture capital Goldman Sachs has agreed to acquire Industry Ventures, a San Francisco-based venture capital firm with about $7 billion in assets under supervision. The deal, valued at $665 million in cash and equity plus up to $300 million in potential earnouts tied to…
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Goldman Sachs to Acquire Industry Ventures: A Strategic VC Push
Deal Overview Goldman Sachs has agreed to acquire Industry Ventures, a San Francisco-based venture capital firm with about $7 billion in assets under supervision. The preliminary terms include $665 million in cash and equity at signing, with an additional up to $300 million contingent on Industry Ventures’ future performance through 2030. Goldman expects the deal…