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PeopleStrong sells stake to Goldman Sachs for 130 million dollars
Argus Partners facilitated the sale of a stake in PeopleStrong, a prominent human capital management SaaS provider, from Multiples P.E. to Goldman Sachs Alternatives for $130 million. This acquisition underscores PeopleStrong's pivotal role in the HR technology sector and its commitment to AI-driven innovation.CEO Sandeep Chaudhary expressed enthusiasm about partnering with Goldman Sachs, emphasizing their focus on sustainable growth and operational excellence. The advisory teams from Argus Partners included various partners and associates who provided comprehensive support throughout the transaction.
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