Long Point Capital Portfolio

Cumming Group

www.ccorpusa.com

Business Description

Cumming Group, Inc. is a national professional services firm based in Southern California serving the non-residential construction industry. Operating out of 22 offices located throughout the United States and two offices in the UAE, Cumming is a leading provider of project management and cost estimating services for large scale construction projects, including hotels, casinos, timeshare developments, healthcare facilities, schools, government buildings, and university facilities.

Transaction Overview

Long Point Capital invested in Cumming through a leveraged recapitalization structure, where the owners of the Company monetized the majority of the illiquid value contained in their business, while continuing to retain a significant ownership interest in Cumming and maintaining operational control along with the existing management team.

Post-Transaction

Following Long Point’s investment, Cumming expanded its operations through two acquisitions and strategic hires coupled with new office development to gain access to new markets and industry verticals. Long Point successfully sold Cumming to a private equity firm in 2016.

Contact

Gerry Boylan: 248-591-6000 / gboylan@lpcfund.com
Ira Starr: 212-593-1800 / istarr@lpcfund.com
Norm Scherr: 248-591-6000 / nscherr@lpcfund.com