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New York – July 2019 – Cumming, a portfolio company of Tailwind Capital, announced its acquisition of Nashville-based CAPEX Project Management LLC (CapEX). This transaction represents Cumming’s fourth add-on acquisition since Tailwind acquired the company in October 2016. The merger allows Cumming to expand its expert resources throughout the Southeast and Central regions of the U.S. and enables it to continue to provide building consultancy and project management services to its growing client base.
CapEX provides project management services for developers, private equity investors, REITs, and government entities in one of the fastest growing U.S. metropolitan areas. CapEX is currently leading some of the most high-profile office, residential, hospitality and mixed-use projects under development in Nashville and is growing its presence throughout Texas, Louisiana, and neighboring states. 
“We are delighted to be partnering with CapEX to assist Joe and his team fulfill their exciting expansion plans across the South and Central regions, which aligns perfectly with Cumming’s long-term strategic growth plan,” said Derek Hutchison, Executive Vice President at Cumming. “CapEX has earned an outstanding reputation by consistently delivering results and providing significant value to its clients, not only in Nashville, but across the country.” 
CapEX was founded in 2014 by senior real estate executive, Joe Saatkamp. Previously, Saatkamp led construction and design for Dallas-based TRT Holdings, owner of Omni Hotels and Gold’s Gym. During his years at TRT Holdings, Saatkamp completed numerous developments, acquisitions, and major renovation projects throughout the U.S. and Canada. 
“Combining our local presence and expertise with Cumming’s additional resources will allow us to not only meet the expanded needs of our current clients, but provide important growth opportunities for our team,” stated Saatkamp.
Johan Liden. “We are always looking for ways to futureproof our offering, and this is a powerful step toward that commitment."
About Cumming

Cumming is a global project and cost management consulting firm with offices in the United States 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

About Tailwind Capital

Tailwind Capital is a middle market private equity firm focused on growth-oriented investments in targeted sectors within healthcare, 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 $3.6 billion of committed equity capital, and has invested in 40 portfolio companies and over 100 add-on acquisitions.