Goldman Sachs Buys $7 Billion Venture Capital Firm Industry Ventures
Goldman Sachs has agreed to acquire Industry Ventures, a San Francisco–based venture capital firm managing about $7 billion in assets, in a deal valued at $965 million. The transaction includes $665 million in cash and equity at closing, plus up to $300 million in future performance-based payments through 2030. The deal strengthens Goldman’s foothold in…
