Announced
Completed
Financials
Sources
Tags
inspection services
Customer Relationship Management
laboratory testing
Minority
Acquisition
United States
Private
Domestic
Single Bidder
Friendly
Private Equity
Completed
testing inspection and certification
Test Inspection and Certification (TIC)
Synopsis
OceanSound Partners, a middle-market private equity firm, completed the investment in RMA Group, a provider of technology-enabled laboratory testing, inspection and quality management services. Financial terms were not disclosed. “As a leading provider in a relatively fragmented market, we believe RMA is well-positioned to grow by broadening its capabilities, expanding the end markets it serves, and extending its geographic reach and also with strategic add-on acquisitions. We look forward to contributing additional resources to support this opportunity," Parin Shah, OceanSound Vice President.
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