Goldman Sachs to Buy LCN Capital Partners for Up to $410 Million

Goldman Sachs agreed to buy LCN Capital Partners, a transatlantic sale-leaseback specialist, for up to $410 million. The price is structured as an earnout — final compensation hinges on LCN hitting performance targets, which limits Goldman's upfront outlay and ties sellers' pay to post-close growth. LCN raised over $1.35 billion for its third fund pair in 2021.