Nashville, TN, January 4, 2012 – CHILDS Advisory Partners (“CHILDS”) served as the financial advisor to Cumberland Consulting Group, LLC (“Cumberland”), in its recent recapitalization by Tailwind Capital. Healthcare investors and entrepreneurs R. Clayton McWhorter and Stuart McWhorter, also invested in the transaction.
Cumberland has unique experience in providing healthcare IT consulting services, including - Planning & Assessment; Workflow Management; Vendor Selection; Software Implementation; and Project Management - to healthcare organizations as they evaluate their IT infrastructure needs, including Electronic Medical Records, Revenue Cycle systems and other technology to improve their financial performance and quality of care. Cumberland provides services across several software platforms, including: Epic, eClinicalWorks, Allscripts, Meditech and Cerner. Cumberland’s focus on delivering high quality service has enabled it to become the consultant of choice for several leading for-profit and non-profit clients.
Jim Lewis, a founder and Cumberland’s Managing Partner, said, “Tailwind has a proven track record of successfully investing in management-driven, growth businesses and we are pleased to have the opportunity to partner with them. The team at CHILDS really helped us find the right partner. Their sector knowledge was instrumental in positioning us to the market, while their network of relationships opened many doors.”
Financing for the transaction was provided by Deerpath Capital and Pinnacle Financial Partners. Terms of the transaction were not disclosed.
Cumberland Consulting Group, LLC is a national technology implementation and project management firm serving ambulatory, acute, and post-acute healthcare providers. Through the implementation of new technologies, Cumberland helps their clients advance the quality of patient care they deliver and improve their business performance. For more information, please visit www.cumberlandcg.com.
Tailwind Capital is a leading private equity firm investing in growth-oriented middle market healthcare and business services companies. Tailwind partners with management teams to build value through internal growth, acquisitions, and operational and strategic developments. The firm currently has over $1 billion under management. Representative investments include TowerCo (wireless infrastructure), Apex Companies (Environmental Services and Consulting), VersaPharm (generic pharmaceuticals), SDI Health (healthcare data analytics), Archway (marketing logistics), Trover Solutions (insurance services), Apex Companies (environmental services) and Optimal Solutions (IT services). For further information, please visit: www.tailwind.com.
About CHILDS Advisory Partners
CHILDS Advisory Partners provides exceptional investment banking services to high‐performing business services and technology companies. Our unique combination of global sector focus, process excellence and strength of team allow us to achieve successful outcomes for our clients. Collectively, our senior bankers have executed over 450 M&A and financing transactions. CHILDS is a member of FINRA and SIPC and is a registered broker‐dealer.
For further information please contact:
P: (404) 751-3000
F: (404) 751-3001
CHILDS Advisory Partners
3438 Peachtree Road NE
Atlanta, Georgia 30326
“We are fortunate to have a strong team of smart, driven professionals who won’t settle for less than the best. It’s that drive that high-growth clients and private equity firms count on for results over the long-term.”
—Jim Childs, Founder
CHILDS Advisory Partners