Mace (construction company)
Global consultancy firm
From Wikipedia, the free encyclopedia
Mace Group Ltd, commonly known as Mace, is a global construction business headquartered in London employing nearly 7,300 people, across five continents, and with a turnover of around £2 billion.[1] In July 2025 Goldman Sachs acquired a 75% share in Mace's consulting business and in March 2026, this became a standalone operation with 5,200 global staff. The 2,000-strong construction business ('Mace Construct') will be rebranded.
 | |
| Industry | Construction |
|---|---|
| Founded | 1990 |
| Headquarters | London |
Number of locations | London, New York City, Nairobi, Johannesburg, Hong Kong, Dubai/Doha; operates in over 70 countries. |
Key people | Mark Reynolds (Group Chair and CEO) |
| Revenue |  £1,936.4 million (2022)[1] |
| £45.4 million (2022)[1] | |
 £22.2 million (2022)[1] | |
Number of employees | 7,271 (2022)[1] |
| Website | www.macegroup.com |
History
The company was founded by a group of construction and architecture professionals, led by Ian Macpherson, who left Bovis in 1990 hoping to bring in a more collaborative way of working in the traditionally combative construction industry.[2][3] It prohibited its subcontractors from falsely claiming staff were self-employed.[4]
During 1997, Mace beat Bovis to be appointed as the project and construction manager on British Airways' Waterside headquarters at Heathrow.[2][5] Other early construction projects undertaken by the company included the London Eye and The Venetian.[6][7] The firm engaged in PFI projects[8][9] and post privatisation railway work.[10]
In 2009, Mace contracted to build The Shard, the tallest building in London, at a fixed price.[11] In 2021, it completed a ferris wheel in Dubai nearly twice as tall as the London Eye.[12]
In 2023, Mace's facilities management division was sold in a management buyout.[13] In July 2025 Goldman Sachs acquired a 75% share in Mace's £700m turnover consulting business and it was set to be spun out as a standalone operation with 5,200 global staff.[14][15] The 2,000-strong construction business will be rebranded in 2026.[16] The two businesses – Mace Construct and Mace Consult – were formally separated on 5 March 2026,[17] and London-based branding agency Koto was hired to develop Mace Construct's new identity.[18]
Operations
Mace's activities include:[19]
- programme and project management advice
- cost consultancy
- construction
Mace's programme management activities have included advising on the Metrolinx transit system for the Government of Ontario,[20] and, as part of a team with Arcadis, advising on a new railway tunnel in New York.[21]
Major projects
Major projects involving Mace have included:
- The London Eye (2000)[22]
- The Venetian (2007)[23]
- The Emirates Air Line (2012)[24]
- The Shard (2012)[25]
- Tottenham Hotspur Stadium (2019)[26]
- NHS Nightingale Hospital London (2020)[27]