Financial News

RMA Announces the Acquisition of GeoTest

Acquisition adds building science services to RMA’s TICC portfolio and strengthens geographic reach in the Pacific Northwest

RMA Companies (“RMA”) today announced that it has acquired GeoTest Services, Inc. (“GeoTest”), a leading provider of geotechnical, environmental, materials testing, specialty inspection, and building science services in the Pacific Northwest. Since December 2021, RMA has completed six acquisitions, as it executes an aggressive growth strategy to build a national platform for testing and inspection services. Terms of the transaction were not disclosed.

Founded in 1993, GeoTest serves public and private customers across commercial, municipal, industrial and the petrochemical end-markets. GeoTest serves customers from design throughout construction completion through a comprehensive suite of services. Its team of professional engineers, geologists, and special inspectors operate from three offices in Washington, including two highly accredited laboratory facilities. Kevin Richardson and Jeremy Wolf will continue to lead GeoTest, reporting into Steve Griffith, Regional Vice President at RMA.

“The addition of GeoTest supports our strategic expansion in the Pacific Northwest, following our prior acquisition of Northwest Geotech in Oregon,” said Ed Lyon, CEO of RMA. “GeoTest’s leadership in building envelope and fenestration testing services, expertise in the petrochemical end-market, and advanced lab capabilities enables significant cross-sell opportunities across the RMA companies. We are excited to welcome Kevin, Jeremy, and the rest of the GeoTest team.”

“We are thrilled to join the RMA family,” said Kevin Richardson. “We have served municipalities, public agencies, engineering and construction firms in Washington for nearly three decades. Over this time, we have built a reputation of providing high-quality that can meet our customers’ needs during all stages of the construction lifecycle. Our mission facilitating the development and success of our local communities, employees, and industry. We look forward to continuing this work under RMA.”

“Joining RMA allows us to better serve our clients with a broader portfolio of services across a larger geographic footprint,” said Jeremy Wolf. “With new access to an expanded suite of capabilities, we anticipate opportunities to collaborate with RMA’s experts across several engineering and materials science disciplines. This was made possible by the hard work and dedication of GeoTest’s team. I am excited by the professional growth opportunities this transaction enables for our combined workforce.”

About RMA Companies

RMA is a leading provider of 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. RMA’s team of engineers, geologists, inspectors, and technicians help infrastructure asset owners, engineering firms, and construction companies maintain compliance with strict regulatory and operating requirements through a range of geotechnical, environmental, and materials testing services. Founded in 1962, RMA is headquartered in Rancho Cucamonga, California. RMA is a portfolio company of OceanSound Partners. For more information, please visit www.rmacompanies.com.

About GeoTest

GeoTest is a provider of geotechnical, environmental, building science, and construction materials testing services. Founded in 1993, GeoTest delivers critical solutions to assure safety, quality, and regulatory compliance in a cost-effective manner across a broad range of government and commercial end-markets. For more information, please visit https://www.geotest-inc.com.

About OceanSound Partners

OceanSound Partners is a New York-based private equity firm that pursues control investments in technology and technology-enabled services companies serving government and enterprise end-markets. OceanSound employs a partnership approach, working closely with founders, entrepreneurs, and executives of middle market businesses to drive transformational growth. For more information, please visit: www.oceansoundpartners.com.

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