Long Point Capital News

Long Point Capital Portfolio Company Announces Add-On Acquisition

Long Point Capital is pleased to announce that its portfolio company, Cumming Group, Inc. (Cumming), has acquired a highly successful project management firm serving Southern California. Construction Controls Group, Inc. (CCG) focuses on both education and public buildings markets. CCG has long-standing relationships with clients such as the Los Angeles Unified School District, the Los Angeles Community College District, Anaheim Union High School District, and the City of Arcadia. CCG will maintain its brand and will continue to be led by Lisa Sachs. To learn more about CCG, visit their website at www.c-c-g.us.

The acquisition of CCG is consistent with Cumming's strategy of acquiring white-collar professional service businesses involved in the construction and engineering industry with minimum revenues of $5 million. Cumming is interested in firms specializing in construction/project management, cost estimating, cost segregation, life cycle costing, dispute resolution and avoidance, litigation support/expert witness, engineering, and environmental service firms.

Cumming is actively pursuing additional strategic acquisitions across the country and internationally. Please contact Pete Heald (949-373-3372) at Cumming for deal referrals or ideas. Long Point Capital and Cumming pay referral fees for completed transactions.

Cumming Group, Inc. is a leading provider of third-party construction management and cost management services to the non-residential construction industry. With 15 offices across the United States, Cumming provides cost estimating and project management services for large-scale construction projects including hotels, casinos, time share developments, healthcare facilities, schools, government buildings and university facilities.

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 approximately $315 million of capital and focuses on investments in manufacturing, distribution, or industrial service companies, with revenues between $30 million to $200 million.