Dallas-headquartered Rone Engineering, a prominent firm specializing in geotechnical engineering, materials testing, and environmental services, has been acquired by California-based RMA Companies. This strategic acquisition is part of RMA’s broader initiative to build a national platform for services encompassing geotechnical engineering, environmental consulting, construction materials testing, inspection, and certification to support critical infrastructure development.
RMA, which has now successfully completed 11 acquisitions nationwide, expressed enthusiasm about expanding its family of businesses through this deal. The acquisition is expected to bolster RMA’s presence in the South-Central region and enhance its service capabilities.
President of Rone Engineering, Richard Leigh, conveyed excitement about joining the RMA family of companies, emphasizing that the partnership would accelerate growth in the South-Central region and provide expanded service offerings to clients. The collaboration is also anticipated to create new professional growth opportunities for Rone’s team members.
Founded in 1972, Rone Engineering has played a pivotal role in some of Texas’s most iconic engineering projects, contributing to the quality, stability, and longevity of the region’s infrastructure. Notable North Texas projects in Rone’s portfolio include the DFW Connector, the Midtown Express, the Gates of Prosper 800-acre mixed-use development, and the expansion of Medical City Dallas.
Rone specializes in delivering highly technical and practical solutions for a diverse range of projects, including those in transportation, public buildings, industrial facilities, commercial developments, and residential construction. The company operates from offices and state-of-the-art laboratories in Dallas, Fort Worth, Austin, and Houston, in addition to a location in Kansas City.
With its established position as one of the market leaders in Texas, Rone will serve as RMA’s primary presence in the South-Central region. Richard Leigh will assume the role of Texas Divisional President within the RMA organization.
While specific financial details of the acquisition were not disclosed, RMA’s CEO, Ed Lyon, highlighted the significance of the addition of Rone to the RMA family. Lyon noted that 2023 has been a monumental year of growth for RMA, marking the seventh acquisition. The strategic move aligns well with the geographic focus of Rone’s operations, with the Texas Triangle poised to receive substantial funding of over $17 billion in IIJA (Infrastructure Investment and Jobs Act) funding over the next five years. The combined strengths of Rone and RMA are expected to create new opportunities for clients and employees alike. Citizens M&A Advisory served as the exclusive financial advisor to Rone Engineering in this acquisition.
