Long Point Capital, in partnership with management, is pleased to announce the recapitalization of Cumming, LLC, a leading provider of third-party cost and project management services to the non-residential construction industry. With offices in California, Colorado, Texas, Nevada, Florida, Arizona and Hawaii, Cumming, LLC provides cost estimating and project management services for large-scale construction projects including hotels, casinos, timeshare developments, healthcare facilities, schools, government buildings and university facilities.
Cumming, LLC is known for its assertive advocacy and proactive management on behalf of its clients' projects. Finlay Cumming, founder and President of Cumming, LLC, along with the rest of the Cumming management team, will continue to lead the Company
and operate the business day-to-day.
"We are looking forward to our partnership with Long Point Capital and the tremendous resources they bring to us," says Finlay Cumming. "Long Point Capital's expertise in working with entrepreneurial companies to provide strategic support will be welcome. In particular, Long Point's expertise in acquisitions will allow us to accelerate the growth of our business."
Cumming, LLC represents Long Point's fourth investment from LPC Fund II.
Long Point Capital is a Michigan and New York based investment fund which partners with growth oriented companies to provide both equity capital and management support. Our principals have been involved in more than 50 transactions with an aggregate value exceeding $5 billion. Long Point Capital manages $315 million of capital and focuses on investments in manufacturing, distribution and service companies with revenues between $30 million and $200 million.
If you have questions about this transaction, please contact:
Gerry Boylan, Naimish Patel or Ira Starr.
