New York – March 2021
– Cumming, a portfolio company of Tailwind Capital, has acquired Inici Group. Founded in 1999, Inici Group is a Portland, Oregon-based project management firm. This transaction represents Cumming’s eighth add-on acquisition since Tailwind acquired the company in October 2016. Inici Group further expands Cumming’s capabilities throughout the Pacific Northwest.
Derek Hutchison, President at Cumming, commented, “Welcoming Inici Group’s team and expert leadership into the Cumming family is not only in line with our national strategic growth plan, but this merger also represents our second investment in the Pacific Northwest region this year, doubling down on our belief in the region’s long-term potential.”
Karl Schulz of Inici Group added, “Aligning ourselves with such a growth-focused firm like Cumming allows Inici Group the ability to provide our clients with additional specialized expertise, services, and resources, while at the same time leveraging Cumming’s new corporate headquarters location to provide exciting career opportunities for our team members.”
Cumming is a global project and cost management consulting firm with offices in the United States 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 middle market private equity firm focused on growth-oriented investments in targeted sectors within healthcare, technology and business services and industrial services. Tailwind partners with experienced management teams and entrepreneurs to transform businesses through organic growth initiatives, acquisitions, and operational and strategic investments. Since inception, Tailwind has managed $3.7 billion of committed equity capital, and has invested in 47 portfolio companies and over 125 add-on acquisitions.