Tailwind Capital Invests in Cloud for Good to Support Strategic Growth, Accelerating the Company’s Roadmap Across AI, Data and Salesforce’s Industry Solutions
See the Press Release on Business Wire
New York, NY – March 26, 2025 – Cloud for Good, a four-time Salesforce Partner of the Year primarily focused on the higher education and nonprofit sectors, announced that it has received a strategic investment from Tailwind Capital to accelerate the next phase of the company’s growth. A leading implementation and managed services partner focused on Salesforce Education Cloud and Nonprofit Cloud, Cloud for Good is accelerating its customers’ journeys across Salesforce’s vertical and horizontal offerings. As the company invests behind Salesforce’s Data Cloud and Agentforce offerings, as well as adjacent industries, Cloud for Good is partnering with Tailwind Capital to execute an aggressive expansion plan within the Salesforce ecosystem.
Cloud for Good is Tailwind’s most recent investment in the IT services space, after investing behind leading services businesses in the SAP, Oracle, Microsoft, Cisco and Google ecosystems. Cloud for Good fits squarely within Tailwind’s sector-focused approach to investing in U.S. lower middle market services companies.
Founded in 2010, Cloud for Good is a Summit Salesforce partner and has completed over 3,000 Salesforce implementations to date. The company serves some of the largest and most impactful organizations within its select verticals, bringing the full set of Salesforce experience and technical expertise to deliver complex implementations with a customer-first mindset. Cloud for Good is positioning itself as a leader around Salesforce’s Agentforce platform, advising its clients on building and customizing autonomous AI agents within the Salesforce environment. Cloud for Good provides a differentiated offering around Salesforce’s Data Cloud, with purpose-built data solutions tailored to its clients’ needs.
“We are excited to partner with the Tailwind team. Cloud for Good has a strong track record of exceptional delivery, and with Tailwind’s investment, we’ll be able to serve clients within the impact sector in new and exciting ways,” said Tal Frankfurt, Cloud for Good Founder and CEO. “This partnership comes at a pivotal time. It allows Cloud for Good to invest in our talent, expand our service offerings with a focus on AI and Data, and grow into adjunct industries, securing our position as the Salesforce partner of choice in the industries we serve.”
Will Fleder, Partner at Tailwind Capital, added, “Tal and the Cloud for Good team have built a great business and are clear leaders within their focus verticals. Tailwind’s deep history scaling IT services businesses makes us an ideal partner for Cloud for Good at this stage of their growth trajectory. We are thrilled to partner with Tal and the Cloud for Good team to support the company’s continued growth.”
“Cloud for Good is a distinguished Salesforce partner, purpose-built for delivering industry solutions specializing in Education Cloud and Nonprofit Cloud,” said Gurvendra Suri, Tailwind Capital Operating Executive and Executive Chairman at Cloud for Good. “Our deep industry expertise, coupled with robust implementation and managed services capabilities, empowers mission-driven organizations to achieve their goals more effectively. We are excited to continue strengthening our partnership with Salesforce and investing in innovative ways to meet the evolving needs of our customers.”
Tailwind and Cloud for Good have aggressive growth plans, including scaling the company into new Salesforce offerings and capabilities, as well as emerging as a leading thought partner for Salesforce and customers around AI and Data. Serving some of the largest customers in its chosen markets, Cloud for Good will continue to be a first mover in these exciting and high-growth technologies.
Guggenheim Securities LLC served as financial advisor and Holland & Knight LLP served as legal advisor to Cloud for Good. Baird served as financial advisor and Davis Polk & Wardwell LLP served as legal advisor to Tailwind Capital.
About Cloud for Good
Founded in 2010, Cloud for Good is a leading cloud consulting firm helping nonprofit organizations and higher education institutions create and accelerate their transformational value with technology. In 2021, Cloud for Good took strategic investment from Achieve Partners to help scale the business. With over 3,000 implementations completed, Cloud for Good helps clients innovate operations and create sustained success through a variety of services, including migration, data warehousing, staffing, managed services, and more. For more information, please visit www.cloud4good.com.
About Tailwind Capital
Tailwind Capital is a private equity firm with a sector-focused approach to investing in U.S. lower middle market services companies within Infrastructure Services, Supply Chain and IT Services. Tailwind’s value creation model is centered on its Buy and Build investment strategy, which seeks to scale lower middle market businesses through accretive acquisitions and operational investments, including foundational resourcing, professionalizing operations, implementing technology capabilities and investing in talent. Since inception, Tailwind has invested in over 50 portfolio companies and over 245 add-on acquisitions. For more information, please visit www.tailwind.com.
