#United States #Charlotte #Viking Mergers #RBC Utilities #Saga Infrastructure

RBC Utilities and Saga Infrastructure Join Forces

In a significant move aimed at bolstering regional growth, RBC Utilities, a prominent underground utility contractor operating in the Greater Charlotte area, has officially formed a partnership with Saga Infrastructure. This collaboration is set to mark the beginning of an exciting new chapter for RBC Utilities, an organization recognized for its strong commitment to quality service and community impact.

Founded in 2008 by Bill and Rose Cummings, RBC Utilities has garnered a reputation for reliability and excellence in its field. Over the years, the company has expanded its workforce, now employing over 100 dedicated individuals, all of whom contribute to its enviable standing in the utility contracting market. Bill Cummings, who will retain ownership and maintain an active role post-acquisition, emphasizes that this partnership is rooted in a collective vision of growth among employees, customers, and partners. "What started as a one-person operation has now blossomed into a business defined by safety, quality, and integrity," said Cummings, reflecting on the company’s impressive evolution.

The decision to collaborate with Saga Infrastructure comes after RBC Utilities has experienced sustained growth and achieved remarkable revenue milestones. The Cummings family sought out a partner that could not only maintain the company’s ongoing momentum but also provide the necessary support to enable them to enjoy more family time. Saga Infrastructure, under the guidance of Don Larsen, found RBC’s stellar reputation and strong workforce particularly appealing, making this merger a strategic fit within their broader business strategy.

Haydn Flores, an advisor with Viking Mergers and Acquisitions—which facilitated this transaction—state that the primary focus of this partnership is on growth and continuity. Flores adds, "The steadfast leadership of Bill Cummings is vital, and at the same time, Saga is equipped with the resources to help RBC elevate its operations for the future."

The collaboration aims to leverage both entities' strengths, ensuring continued service excellence and operational growth. It mirrors a growing trend where small to mid-sized businesses align with larger firms to explore new business avenues while enhancing infrastructure capabilities.

As part of this transition, RBC Utilities plans to advance its operational strategies and improve service delivery techniques, benefiting its existing clients and attracting new ones in a highly competitive market. The partnership also indicates a wider trend among local businesses in the Greater Charlotte region, which sees itself steadily urbanizing and expanding. With the economy in a recovery phase, there exists a palpable appetite for infrastructure growth and enhanced utility services.

For those interested in the future of infrastructure in the Charlotte area, this collaboration signifies a vital step towards innovation and improved community services. As RBC Utilities embraces its partnership with Saga Infrastructure, the local business community will be keeping a close eye on its developments and endeavors. The end goal is clear: to establish a framework that not only satisfies the current demands of the region but also positions both companies for substantial growth in the years to come.

About Viking Mergers and Acquisitions

Viking Mergers and Acquisitions plays an indispensable role in the business landscape of Charlotte, providing vital merger and acquisition services to small and mid-market business owners. Established as one of the largest business brokerage firms in the Southeast U.S., Viking has facilitated the successful sale of over 900 businesses since its inception, maintaining an impressive 85% close rate. Their expertise is instrumental in shaping the business environment through strategic partnerships like the one between RBC Utilities and Saga Infrastructure, thereby contributing to the overall economic development of the region.

For more information or to access a free, confidential business valuation, interested parties can visit Viking Mergers.