New Mountain Capital completed the acquisition of a majority stake in Cumming Group.

New Mountain Capital, a private equity firm, completed the acquisition of a majority stake in Cumming Group, a construction management firm. Financial terms were not disclosed. "We look forward to partnering with Cumming as the Company continues its history of delivering differentiated, best-in-class project and cost management solutions to its clients. Led by a world-class team that brings decades of industry expertise, we see many avenues for growth ahead, and look forward to building upon the team’s impressive current trajectory with additional investment in organic and acquisition initiatives," Harris Kealey, New Mountain Capital Managing Director.