Goldman Sachs Alternatives acquires FGI Worldwide in a transaction designed to strengthen the company’s international expansion and broaden its financial technology capabilities. The acquisition marks a major development for the commercial finance sector, particularly for businesses seeking flexible working capital and trade credit insurance solutions.
FGI Worldwide has operated for more than 25 years as a specialist in asset-based lending and risk management services. The company supports domestic and international businesses through customised financing structures and trade credit protection solutions. As a result, the transaction positions FGI to accelerate innovation and strengthen its market presence.
The agreement also introduces a leadership transition within the organisation. Sami Altaher, Co-Founder and President of FGI, will assume the role of Chief Executive Officer. He succeeds David DiPiero as the company enters a new phase of expansion.
Altaher stated that the acquisition reflects the strength of FGI’s platform, long-standing customer relationships and operational expertise. Moreover, he emphasised the company’s commitment to scaling responsibly while continuing to support small and medium-sized enterprises.
According to Altaher, FGI plans to invest further in its lending infrastructure, technology platform and product development strategy. Consequently, the company expects to expand its suite of financing, risk management and Insurtech services across global markets.
Goldman Sachs Alternatives Acquires FGI Worldwide to Expand Financial Solutions
Goldman Sachs Alternatives believes the acquisition creates significant long-term opportunities for both organisations. The private equity division highlighted FGI’s underwriting expertise, technology-driven operations and differentiated commercial finance platform.
Anthony Arnold, Partner within Private Equity at Goldman Sachs, noted that FGI has developed a highly specialised offering within the working capital finance industry. Furthermore, he explained that Goldman Sachs intends to support the company’s next stage of growth through its extensive global network and institutional resources.
Michael Coleman, Managing Director within Private Equity at Goldman Sachs, also praised FGI’s operational capabilities and credit performance history. In addition, he stated that the business remains well-positioned for continued expansion due to its innovative financing approach and scalable technology platform.
Financial terms related to the acquisition were not disclosed publicly. However, several advisory firms supported the transaction process. Keefe, Bruyette & Woods, a Stifel Company, acted as financial advisor to FGI, while Blank Rome LLP provided legal counsel. Meanwhile, Houlihan Lokey advised Goldman Sachs Alternatives and Sidley Austin LLP served as legal counsel.
FGI Worldwide Strengthens Its Position in Commercial Finance
FGI Worldwide operates through three core business divisions: FGI Finance, FGI Risk and FGI Tech. Together, these divisions provide businesses with working capital financing, trade credit insurance and technology-driven risk management solutions.
The company’s TRUST™ platform remains one of its most recognised products. The web-based platform automates the administration and monitoring of credit insurance policies in real time. Therefore, clients can improve operational efficiency while reducing manual processing requirements.
Headquartered in New York, FGI also maintains offices across the United States, Canada and the United Kingdom. This international footprint enables the business to support companies operating across multiple jurisdictions and trading environments.
Goldman Sachs Alternatives Expands Private Equity Portfolio
Goldman Sachs Asset Management continues to increase its presence within the alternative investment market. The broader alternatives platform manages more than $625 billion in assets globally and invests across private equity, infrastructure, private credit, real estate and sustainability sectors.
Established in 1986, the Private Equity business within Goldman Sachs Alternatives has invested more than $75 billion since inception. Consequently, the acquisition of FGI Worldwide aligns with the firm’s strategy of investing in scalable businesses with strong market differentiation.
Industry analysts expect demand for flexible working capital solutions to remain strong as companies continue expanding across international markets. Therefore, the partnership between Goldman Sachs Alternatives and FGI Worldwide may create additional growth opportunities within the commercial finance industry.
