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New Deal


Announced

Completed

OceanSound Partners-backed RMA completed the merger with Western Technologies and Enviro-Drill.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

United States

Test Inspection and Certification (TIC)

Friendly

Private Equity

Majority

Single Bidder

quality testing

Completed

Merger

quality management

Domestic

Private

testing inspection and certification

Synopsis

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OceanSound Partners-backed RMA, a provider of technology-enabled laboratory testing, inspection, and quality management services, completed the merger with Western Technologies and Enviro-Drill, an engineering services firm specializing in geotechnical engineering, environmental consulting, construction materials testing, non-destructive testing, and special inspection services, among other disciplines. Financial terms were not disclosed. "The merger with Western Technologies represents a transformative milestone in RMA’s 60-year history. We are delighted to welcome all of our new colleagues from WT. With this combination, RMA gains access to a larger geographical footprint, a deeper pool of talent, and additional service offerings – including environment consulting and non-destructive testing – enabling us to better serve the combined customer base. Together, with WT, we have decades of experience as trusted advisors to our clients. Based on this rich legacy, our combined company will help our clients address increasing regulatory compliance and operating requirements by leveraging a broader portfolio of engineering services," Ed Lyon, RMA CEO.

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