Leonard Green Nears $3 Billion Deal for Cumming Group, FT Says

Leonard Green & Partners is nearing a $3 billion acquisition of Cumming Group, a construction project consultancy, according to the Financial Times. The deal targets Cumming Group, currently owned by private equity firm New Mountain Capital, marking a high-profile buyout in the construction consulting sector. Negotiations are in advanced stages, with the transaction expected to close soon, though final terms remain undisclosed. Cumming Group specializes in cost management and project advisory services, serving major infrastructure and real estate developments globally. This acquisition would expand Leonard Green’s portfolio in professional services, reflecting growing private equity interest in niche consulting firms.