<ul><li>Goldman Sachs has acquired a majority stake in HR SaaS firm PeopleStrong for $130 million.</li><li>Goldman Sachs acquired Multiples PE's 84% stake in PeopleStrong and also bought out a part of the Esops pool from the company's employees.</li><li>This is the second major private equity buyout deal of a SaaS firm this year, following Everstone Capital's acquisition of Wingify for around $200 million.</li><li>Multiples PE had acquired the controlling stake in PeopleStrong in 2017 and has now sold its stake to Goldman Sachs.</li></ul>

Goldman Sachs acquires controlling stake in HR SaaS firm PeopleStrong for $130 million

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