M&A Deal Summary

RMA Companies Acquires GeoTest

On February 22, 2023, RMA Companies acquired test/measurement equipment company GeoTest

Acquisition Highlights
  • This is RMA Companies’ 1st transaction in the Test/Measurement Equipment sector.
  • This is RMA Companies’ 4th transaction in the United States.
  • This is RMA Companies’ 1st transaction in Washington.

M&A Deal Summary
Date 2023-02-22
Target GeoTest
Sector Test/Measurement Equipment
Buyer(s) RMA Companies
Deal Type Add-on Acquisition

Target

GeoTest

Bellingham, Washington, United States
GeoTest is a provider of geotechnical, environmental, materials testing, specialty inspection, and building science services in the Pacific Northwest. GeoTest was founded in 1993 and is based in Bellingham, Washington.

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Buyer(S) 1

Buyer

RMA Companies

Rancho Cucamonga, California, United States
Category Company
Founded 1962
Sector Engineering
DESCRIPTION

RMA Companies delivers technology-enabled laboratory testing, inspection, and quality management services for critical public and private infrastructure assets across diverse government and commercial end markets, including transportation, healthcare, power, and water. The Company’s team of engineers, geologists, inspectors, and technicians helps infrastructure asset owners and engineering and construction companies maintain compliance with strict regulatory and operating requirements through a range of geotechnical, environmental, and materials testing services. RMA Companies was formed in 1962 and is based in Rancho Cucamonga, California.

DEAL STATS #
Overall 4 of 12
Sector (Test/Measurement Equipment) 1 of 1
Type (Add-on Acquisition) 4 of 12
State (Washington) 1 of 2
Country (United States) 4 of 12
Year (2023) 2 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-01-17 C Below Subsurface Imaging

Chino, California, United States

C Below Subsurface Imaging is a technology-enabled provider of subsurface imaging services, including utility locating, ground penetrating radar, and potholing. The company provides timely, cost-effective solutions to assure safety while protecting assets and preventing lost time due to damages caused by cutting, coring, drilling, or digging in areas congested by unseen hazards in concrete, masonry, and underground. C Below Subsurface Imaging was formed in 2009 and is based in Chino, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-03-09 PRI Group

Tampa, Florida, United States

PRI Group provides independent, third-party testing, inspection, certification, and other technical services to the asphalt/bitumen, building materials, chemical, construction / infrastructure, and energy end-markets. PRI Group was founded in 1990 and is based in Tampa, Florida.

Buy -
Mergr

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