Goldman Sachs agrees to acquire $7 billion VC firm Industry Ventures
1. Goldman Sachs is acquiring Industry Ventures for $665 million. 2. Acquisition aims to enhance Goldman’s $540 billion alternatives investment platform. 3. Industry Ventures has a strong track record with an 18% annual return. 4. Deal expected to close in Q1 2026, including potential performance-based payouts. 5. All 45 employees of Industry Ventures will join Goldman.