Sussex Strategy Group Acquires Cumberland Strategies

Tegria Acquires Cumberland

March 16, 2021

Healthcare Services

Tegria, a healthcare technology and services company launched by Providence, has acquired Cumberland, a Franklin, Tennessee–based healthcare consulting and managed services firm with more than 250 employees. The acquisition expands Tegria's consulting capabilities for payer organizations, strengthens its managed services for providers, and will have Cumberland operate as an independent business unit within Tegria's consulting and technology services group.

Risk Strategies Acquires Cambridge Advisory Group

March 17, 2022

Consulting

Risk Strategies, a national specialty insurance brokerage, has acquired Cambridge Advisory Group and its affiliated Health and Productivity Consulting, Inc. The acquisition strengthens Risk Strategies' National Employee Benefits Practice by adding actuarial, pharmacy and benefits data-analytics capabilities based in King of Prussia, Pennsylvania; terms were not disclosed.

Spencer Stuart Acquires Cambria Consulting

January 8, 2020

Professional Services

Spencer Stuart, the global executive search and leadership advisory firm, has acquired Cambria Consulting, a Boston-based leadership development and coaching firm. The acquisition expands Spencer Stuart's Leadership Advisory Services by adding Cambria's coaching, executive assessment and team development capabilities.

Cumming Group Merges with Seneca Group

October 17, 2025

Consulting

Cumming Group has merged with Seneca Group, bringing more than 70 Seneca professionals into Cumming’s platform to expand the firm’s Pacific Northwest capabilities. The combination strengthens Cumming Group’s owner-advisory, project management, and cost-consulting services for corporate, healthcare, and education clients and expands its regional and international footprint.

Charles River Associates Acquires bioStrategies Group

November 29, 2022

Consulting

Charles River Associates (CRA) acquired substantially all assets of bioStrategies Group, a Chicago-based life sciences commercial strategy consulting firm, and retained 17 employees. The deal expands CRA's Life Sciences Practice capabilities and geographic presence by adding experienced consultants including Mike Kaestle and Chris Schneider.

Mid Penn Bancorp Acquires Cumberland Advisors

January 1, 2026

Wealth Management

Mid Penn Bancorp completed its acquisition of Sarasota-based registered investment advisor Cumberland Advisors on January 1, 2026, adding approximately $3.2 billion in assets under management. Cumberland has been merged into a newly formed Mid Penn subsidiary operating as Cumberland Advisors, LLC, and its investment advisory professionals have joined Mid Penn to expand the bank’s wealth and investment management capabilities; financial terms were not disclosed.