Deal Expected to Close in Early 2026
The transaction — one of the largest venture capital takeovers in recent years — is expected to close in the first quarter of 2026, pending regulatory approvals and customary conditions, details of which remain undisclosed.
For Goldman Sachs, the move represents more than just a purchase — it’s a statement. By absorbing Industry Ventures’ deep network of technology startups and secondary investments, the bank signals its intent to become a dominant player at the intersection of Wall Street and Silicon Valley.
As global markets brace for the next wave of innovation driven by artificial intelligence, the Petershill sale and Goldman Sachs acquisition mark a defining shift — where traditional finance meets the restless energy of tech-fueled venture capital.