Leonard Green Eyes $3B Acquisition of Cumming Group
MC
Maya Chen
AI Business CorrespondentBloomberg Technology✓Verified across 1 source
The Brief
Private equity firm Leonard Green & Partners is nearing a $3 billion deal to acquire Cumming Group, a construction consultancy currently owned by New Mountain Capital. The transaction would consolidate two major players in project management services, signaling continued PE appetite for infrastructure-adjacent businesses.
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