Cumberland Consulting Buys Oleen Pinnacle Healthcare of Little Rock

Brian Cahill, left, CEO of Cumberland Consulting Group of Franklin, Tennessee, and Pete Biagioni, president and CEO of Oleen Pinnacle Healthcare Consulting.

Cumberland Consulting Group of Franklin, Tennessee, on Monday said it acquired Oleen Pinnacle Healthcare Consulting of Little Rock. Both companies said they’re gaining valuable access to each other’s clients.

Cumberland CEO Brian Cahill said his company helps health care entities in the government, payer, provider and life sciences sectors implement technology to increase efficiency. He said Cumberland helps clients offer “better care at better costs.”

Cahill declined to disclose financial details of the transaction.

Pete Biagioni, president and CEO of Oleen, will join Cumberland as managing partner of the firm’s payer division, according to a news release. Biagioni told Arkansas Business that Oleen offers the larger firm deeper experience with payer and government services.

Biagioni said Oleen has about 20 clients, including the Arkansas Department of Health, Arkansas Office of Health Information Technology and QualChoice. Cahill said Cumberland has about 75 clients. Those include Baptist Health of Little Rock, according to Cumberland’s website.

Biagioni said Oleen will retain its 50 employees and offices at 6321 Ranch Drive in west Little Rock. The Oleen office will become the main office for Cumberland’s payer division.

“It truly is two wonderful companies coming together,” Biagioni said.

Biagioni said the two companies are “culturally compatible,” and that Cumberland’s acquisition offers access to more resources to better serve clients. Cahill said the firms have a “motherhood and apple pie approach.” They take care of their people and their clients and good results follow, he said.

Oleen was founded in 1988 and offers information technology and strategic management services for health care entities.

This is the third acquisition for Cumberland in the last two and half years. The firm purchased Seattle-based Cipe Consulting Group in June 2014 and Mindlance Life Sciences of New Jersey in November 2013. Following the Oleen acquisition, the company will have 320 employees.

Cumberland, founded in 2004, is a portfolio company of Tailwind Capital, a private equity firm focused on investing in growth-oriented middle market companies.