Goldman Sachs completed the acquisition of a majority stake in PeopleStrong from Plenty Private Equity and Multiples Private Equity for $96.3m.

Goldman Sachs, an alternative investments platform, completed the acquisition of a majority stake in PeopleStrong, a company that offers human resource management systems, from private equity firms Plenty Private Equity and Multiples Private Equity, for $96.3m. “We have remained focused on balanced, sustainable growth and are proud to stand out today as one of the few EBITDA-positive SaaS companies with a leading market position, We are excited to join forces with Goldman Sachs. With their global expertise in SaaS and AI, we look forward to driving the next phase of our growth together through continued innovation and operational excellence,” Sandeep Chaudhary, PeopleStrong CEO.