Cumming Group Acquires Project One
New York – February 2018 – Cumming Group (“Cumming”), a portfolio company of Tailwind Capital, announced that it has acquired Project One Integrated Services (“Project One”). Founded in 1999, Project One provides project management and owner representation services that focus on the planning, oversight, and implementation of large-scale capital construction projects. Project One’s experience includes work on hospitals, large healthcare clinics, corporate office buildings, multi-family residential projects, cultural facilities, municipal, civil and infrastructure projects, as well as customized assignments.
Finlay Cumming, Founder and CEO of Cumming, commented, “Cumming has a track record of consistently adding value to complex projects, and the joining of our teams will provide our collective client base, especially those throughout Colorado and neighboring states, with even more resources to help achieve their development-related goals.”
Mike Palumbo, Founder of Project One, added, “Combining our expertise and resources with Cumming allows us not only to meet the expanded needs of our current clients and grow our client base, but it will also provide new and important growth opportunities for our staff.”
Project One represents Cumming’s first add-on acquisition since Tailwind acquired the company in October 2016.
About Cumming
Cumming is a global project and cost management consulting firm with offices in the United States, Middle East and Europe. Cumming adds value and minimizes risk for owners during each stage of an existing or new building’s maintenance, renovation, construction, and/or development cycle. The company delivers customized solutions to a diverse set of customers across the education, healthcare, corporate, themed entertainment, public and retail sectors worldwide. For more information, please visit http://www.ccorpusa.com.
About Tailwind Capital
Tailwind Capital is a leading middle market private equity firm focused on growth-oriented investments in targeted sectors within industrial services, healthcare and business services. Tailwind partners with experienced management teams and entrepreneurs to transform businesses through organic growth initiatives, acquisitions, and operational and strategic investments. Tailwind manages over $3 billion of committed equity capital, and has invested in 35 portfolio companies and over 55 add-on acquisitions.