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Announced

Completed

OceanSound Partners-backed RMA Group completed the acquisition of CSI Services.

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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coating inspection

Test Inspection and Certification (TIC)

Private

Completed

Private Equity

Majority

Friendly

Single Bidder

United States

Acquisition

Domestic

Synopsis

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OceanSound Partners-backed RMA Group, a provider of technology-enabled laboratory testing, inspection, and quality management services for critical public and private infrastructure assets, completed the acquisition of CSI Services, a specialty coating inspection services business. Financial terms were not disclosed. "Government and commercial customers require specialty coating inspection services to ensure the integrity and safety of their infrastructure assets. CSI has developed an impressive reputation of providing coating inspection services with high-quality and professionalism across several end-markets in California, Hawaii, and the western United States. I am delighted to welcome the CSI team to the RMA Group of Companies. The acquisition enhances RMA’s portfolio test and inspection service capabilities and enables significant cross-sell opportunities across the combined customer base of RMA, WT, and CSI," Ed Lyon, RMA CEO.

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