AAB Welcomes Goldman Sachs as New Owner for Next Growth Phase

Goldman Sachs Alternatives agrees to acquire AAB

Goldman Sachs Alternatives has sealed a deal to take over ownership of professional services firm AAB from August Equity. The transaction is pending regulatory clearance, with completion anticipated later in 2025. AAB offers expertise in accounting, taxation, auditing, corporate finance, human resources, payroll, as well as wealth advisory. By January 2025, AAB achieved £100m ($135m) in annual revenue, growing threefold in three years. Under Aug…

AAB welcomes Goldman Sachs as new owner for next growth phase

AAB has a new majority owner, with Goldman Sachs acquiring the professional services firm from August Equity. The deal will enable AAB to drive its next chapter of growth in the UK and Ireland. AAB first took on backing from private equity in 2021, when August Equity took up a stake in the Scottish-origin consulting and accounting firm.

AAB Group Announces New Investment from Goldman Sachs Alternatives - Newry Chamber

Congratulations to our Corporate Patron, AAB Group who has announced that Goldman Sachs Alternatives has agreed a deal to acquire the firm from August Equity, subject to regulatory approvals. The transition marks a significant milestone for AAB, reinforcing the firm’s trajectory of sustained growth while ensuring continuity for clients and further strengthening its reputation in the professional services market. AAB became a £100m revenue firm i…