{"id":2092,"date":"2025-10-13T20:32:58","date_gmt":"2025-10-13T20:32:58","guid":{"rendered":"https:\/\/www.finznest.com\/blog\/goldman-sachs-agrees-to-acquire-7-billion-vc-firm-industry-ventures\/"},"modified":"2025-10-13T20:32:58","modified_gmt":"2025-10-13T20:32:58","slug":"goldman-sachs-agrees-to-acquire-7-billion-vc-firm-industry-ventures","status":"publish","type":"post","link":"https:\/\/www.finznest.com\/blog\/goldman-sachs-agrees-to-acquire-7-billion-vc-firm-industry-ventures\/","title":{"rendered":"Goldman Sachs agrees to acquire $7 billion VC firm Industry Ventures"},"content":{"rendered":"<div id=\"RegularArticle-ArticleBody-5\" data-module=\"ArticleBody\" data-test=\"articleBody-2\" data-analytics=\"RegularArticle-articleBody-5-2\"><span class=\"HighlightShare-hidden\" style=\"top:0;left:0\"\/><\/p>\n<div class=\"InlineImage-imageEmbed\" id=\"ArticleBody-InlineImage-108016846\" data-test=\"InlineImage\">\n<div class=\"InlineImage-wrapper\">\n<div>\n<p>David Solomon, chief executive officer of Goldman Sachs Group Inc., during an interview for an episode of &#8220;The David Rubenstein Show: Peer-to-Peer Conversations&#8221; in New York, US, on Tuesday, Aug. 6, 2024.<\/p>\n<p>Jeenah Moon | Bloomberg | Getty Images<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"group\">\n<p><span class=\"QuoteInBody-quoteNameContainer\" data-test=\"QuoteInBody\" id=\"RegularArticle-QuoteInBody-1\">Goldman Sachs<span class=\"QuoteInBody-inlineButton\"><span class=\"AddToWatchlistButton-watchlistContainer\" id=\"-WatchlistDropdown\" data-analytics-id=\"-WatchlistDropdown\"><button class=\"AddToWatchlistButton-watchlistButton\" aria-label=\"Add To Watchlist\" data-testid=\"dropdown-btn\"><span class=\"AddToWatchlistButton-addWatchListFromTag\"\/><\/button><\/span><\/span><\/span> has agreed to acquire Industry Ventures, a venture capital firm with $7 billion in assets under supervision, according to a release from the investment bank.<\/p>\n<p>Goldman is paying $665 million in cash and equity, and up to $300 million more based on the firm&#8217;s future performance through 2030, the bank said. The deal is expected to close in the first quarter of 2026.<\/p>\n<p>San Francisco-based Industry Ventures has helped pioneer aspects of the American VC market since its founding 25 years ago, according to Goldman.<\/p>\n<p>&#8220;Industry Ventures&#8217; trusted relationships and venture capital expertise complement our existing investing franchises and expand opportunities for clients to access the fastest growing companies and sectors in the world,&#8221; Goldman CEO David Solomon said in the release.<\/p>\n<p><em>This story is developing. Please check back for updates.<\/em><\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>David Solomon, chief executive officer of Goldman Sachs Group Inc., during an interview for an episode of &#8220;The David Rubenstein Show: Peer-to-Peer Conversations&#8221; in New York, US, on Tuesday, Aug. 6, 2024. Jeenah Moon | Bloomberg | Getty Images Goldman Sachs has agreed to acquire Industry Ventures, a venture capital firm with $7 billion in [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2093,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[1060,1059,805,1061,604,1062,605,1063],"class_list":["post-2092","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","tag-acquire","tag-agrees","tag-billion","tag-firm","tag-goldman","tag-industry","tag-sachs","tag-ventures"],"_links":{"self":[{"href":"https:\/\/www.finznest.com\/blog\/wp-json\/wp\/v2\/posts\/2092","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.finznest.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.finznest.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.finznest.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.finznest.com\/blog\/wp-json\/wp\/v2\/comments?post=2092"}],"version-history":[{"count":0,"href":"https:\/\/www.finznest.com\/blog\/wp-json\/wp\/v2\/posts\/2092\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.finznest.com\/blog\/wp-json\/wp\/v2\/media\/2093"}],"wp:attachment":[{"href":"https:\/\/www.finznest.com\/blog\/wp-json\/wp\/v2\/media?parent=2092"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.finznest.com\/blog\/wp-json\/wp\/v2\/categories?post=2092"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.finznest.com\/blog\/wp-json\/wp\/v2\/tags?post=2092"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}