Goldman Sells Data Center Contractor Amid Private Equity Infrastructure Boom

Goldman Sachs Asset Management (GSAM) is preparing to sell Divcon, a data center power engineering contractor. This move signals continued deal flow across private equity's infrastructure and professional services portfolios.

Data center demand has been drawing investor attention to contractors and engineering firms that build and power them, making them attractive targets for buyout firms. The sale of Smith + Howard to TPG is another example of this trend in the professional services sector.

Neither deal disclosed terms or figures related to the transactions.