RBC Utilities Partners with Saga Infrastructure for Growth
RBC Utilities Partners with Saga Infrastructure for Growth
RBC Utilities, a prominent underground utility contractor, has entered into a significant partnership with Saga Infrastructure. This collaboration aims to foster new growth opportunities and enhance service delivery. With the increasing demand for utility services, such partnerships are crucial for businesses looking to innovate and expand.
A Legacy of Service
Founded in 2008 by Bill and Rose Cummings, RBC Utilities has developed a reputation for reliability and exceptional service in the utility sector. The company started modestly but has grown significantly, now boasting a workforce of over 100 dedicated employees. Bill Cummings, a key figure in the company’s journey, will maintain his role and collaborate closely with Saga to ensure a smooth transition and ongoing excellence in service.
The Vision Ahead
Bill emphasizes the collective ambition of RCC Utilities, saying, "Moving RBC Utilities to the next level is a shared purpose with employees, customers, and partners." The partnership with Saga reflects a shared commitment to growth, safety, quality, and ethical practices—all values integral to the company’s foundation.
Why Partner with Saga Infrastructure?
After years of steady growth and achievement of new revenue milestones, the Cummings family recognized the need for a partner who could help sustain their momentum. Saga Infrastructure emerged as the ideal ally due to its alignment with RBC's values and operational strengths. Don Larsen, the leader at Saga, was captivated by RBC's strong workforce and market positioning. This acquisition aligns perfectly with both organizations' goals for expansion and enhanced service delivery.
The Role of Viking Mergers and Acquisitions
The successful transaction was facilitated by Viking Mergers and Acquisitions, with advisor Haydn Flores playing a pivotal role alongside senior advisor Kevin Carlisle and partner Mark Urbania. Haydn noted that, "This partnership is about growth and continuity." Bill's ongoing leadership is seen as vital, while Saga provides the resources necessary for RBC to scale and adapt to future challenges.
About Viking Mergers and Acquisitions
Viking Mergers and Acquisitions specializes in providing merger and acquisition services tailored specifically for small and middle-market businesses. Based in Charlotte, Viking plays a crucial role in the regional business brokerage landscape. Their track record includes over 900 successful transactions, all of which underline their expertise and commitment to assisting business owners achieve their goals.
Concluding Thoughts
The partnership between RBC Utilities and Saga Infrastructure represents an exciting chapter not only for the companies involved but also for the utility sector at large. It showcases how strategic alliances can pave the way for innovation, stability, and growth while remaining committed to core values and service excellence.
Frequently Asked Questions
What is the significance of the partnership between RBC Utilities and Saga Infrastructure?
The partnership aims to augment growth opportunities and enhance service delivery in the utility sector.
Who founded RBC Utilities?
RBC Utilities was established in 2008 by Bill and Rose Cummings.
What was the role of Viking Mergers and Acquisitions in this deal?
Viking Mergers facilitated the partnership, providing expertise and assistance through the transaction process.
What values does RBC Utilities prioritize?
RBC Utilities prioritizes safety, quality, and integrity in its operations.
How many employees does RBC Utilities currently have?
RBC Utilities has expanded to over 100 employees since its inception.
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