New York – August 2018 – Cumming Group (“Cumming”), a portfolio company of Tailwind Capital, announced that it has acquired Lehrer, LLC (“Lehrer”). Founded in 1996, Lehrer is a New York-based project management and construction management firm.
This transaction represents Cumming’s second add-on acquisition since Tailwind acquired the company in October 2016. Lehrer further expands Cumming’s East Coast operations, and specifically strengthens the company’s New York presence. The combined company has 700 team members across 31 offices.
Finlay Cumming, Founder and CEO of Cumming, commented, “Our decision to merge with Lehrer, LLC enables us to provide the value and personalized service of a boutique company, while at the same time offering clients greater access to expert resources across a significant geographic footprint.”
Gavin Middleton, COO of Lehrer, commented, “I have had a long and successful history working with the Cumming team, and this merger provides our clients with even greater depth. Combining our expertise and resources with Cumming allows us to meet and exceed the expanded needs of our current clients.”
Peter Lehrer, CEO of Lehrer, added, “It will also provide important growth opportunities for the Lehrer, LLC staff. We couldn’t ask for a better operational and cultural fit.”
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 37 portfolio companies and over 65 add-on acquisitions.