Goldman Sachs Alternatives completed the acquisition of a majority stake in TAIT from Providence.

Goldman Sachs Alternatives, an investor in alternatives globally, completed the acquisition of a majority stake in TAIT, a live entertainment experiences provider, from Providence Equity Partners, a private equity investment firm. Financial terms were not disclosed. "Since its inception, TAIT has partnered with clients across the globe to bring visionary concepts to reality and create extraordinary live experiences. As we look to our future – where the digital and physical worlds seamlessly merge into bespoke, individually tailored events, we are thrilled to partner with Goldman Sachs. This collaboration will unlock new opportunities and reinforce TAIT's position as an industry leader in delivering culture-defining experiences. Goldman Sachs' network and expertise will enable us to grow our global footprint and offerings, empowering the company to better serve clients, drive innovation, and pioneer new technology," Adam Davis, TAIT Chief Executive Officer.