Mace Construct to rebrand: what the Goldman Sachs deal means for project teams
Reviewed by Joe Ashwell
First reported on The Construction Index
30 Second Briefing
Goldman Sachs will acquire not only Mace Group’s consultancy arm but also the Mace brand, meaning Mace Construct will adopt a new name once the transaction completes and Mace Consult becomes an independent organisation in January under CEO Davendra Dabasia. The construction contracting business, which grew from a 1990 boutique consultancy into a major London contractor delivering complex schemes, will co-create its new identity with staff, clients, suppliers and partners through 2026. For now, both units continue trading as Mace Construct and Mace Consult.
Technical Brief
- Transaction structure gives Goldman Sachs ownership of the “Mace” trading name alongside the consultancy arm.
- Brand separation creates a clear contractual distinction between UK construction delivery and global programme management services.
- Existing UK construction framework agreements and long-term delivery partnerships may require novation or brand-clarification amendments.
- Supply-chain documentation, warranties, bonds and collateral agreements will need coordinated re-issuance under the new contractor identity.
- Bid prequalification data (financials, safety statistics, project references) will remain with the construction business but under a new brand wrapper.
- For major infrastructure clients, the split may drive separate procurement lots for consultancy versus design-and-build delivery.
Our Take
Within the 484 Infrastructure stories in our database, UK-headquartered contractors like Mace Group feature heavily in London-focused project delivery, so a distinct Mace Construct identity from 2026 is likely aimed at sharpening its position in major UK frameworks and alliance bids.
The six‑month gap since announcing the sale of Mace’s consultancy business to US bank Goldman Sachs suggests the rebrand is being sequenced to coincide with operational separation, which typically helps contractors ring‑fence risk and balance sheet metrics from advisory activities when tendering for large public and private schemes.
For clients and JV partners in the UK and United States, a standalone Mace Construct brand may simplify counterparty assessment, as our coverage shows that mixed consultancy–contracting groups often face more complex liability and governance questions on big-ticket infrastructure contracts.
Prepared by collating external sources, AI-assisted tools, and Geomechanics.io’s proprietary mining database, then reviewed for technical accuracy & edited by our geotechnical team.
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