Announced
Completed
Financials
Sources
Tags
Test Inspection and Certification (TIC)
Acquisition
Domestic
Majority
Private
Friendly
subsurface imaging service
Private Equity
Completed
United States
Single Bidder
Synopsis
OceanSound-backed RMA Group, a civil engineering firm serving California, completed the acquisition of C Below, a technologically advanced subsurface imaging service provider. Financial terms were not disclosed. “We established C Below in 2009 to address the growing demand for non-destructive testing systems for the location, imaging, and mapping of underground utility assets. After reaching an inflection point in our growth, we sought a partner that could help drive rapid expansion without compromising our values or reputation for high-quality service. Having known Ed Lyon for many years, we are confident we found the right partner,” Dave Menefee, President of C Below.
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