{"schema_version":"secwatch.filing_event.v1","accession":"0001206774-24-000358","form_type":"8-K","ticker":"TRNS","cik":"0000099302","company_name":"TRANSCAT INC","filed_at":"2024-04-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:22.600467+00:00","generated_at":"2026-06-03T23:14:21.137270+00:00","sec_items":["1.01","2.01","3.02","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Transcat acquires Becnel Rental Tools for $50M in cash and stock","bullets":["Purchase price $50M: $17.5M cash + $32.5M stock (301,707 shares).","Becnel provides rental tools for oil well decommissioning and maintenance.","Becnel's management, led by Jason Becnel, will remain in place.","Acquired EBITDA approximately $5.8M; expected to expand gross and EBITDA margins.","Shares subject to 180-day lock-up; registration rights agreement filed within 60 days."],"urls":{"canonical":"https://secwatch.observer/filing/0001206774-24-000358","json":"https://secwatch.observer/filing/0001206774-24-000358.json","markdown":"https://secwatch.observer/filing/0001206774-24-000358.md","text":"https://secwatch.observer/filing/0001206774-24-000358.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/99302/000120677424000358/0001206774-24-000358-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/99302/000120677424000358/trns4323441-8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T23:14:21.137270+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"16e6d328ed680e34001a7a75f6f4fdb790e4e216","claim":"TRANSCAT INC completed an acquisition involving Becnel Rental Tools, LLC for approximately $50.0 million (closed 2024-04-15).","evidence_excerpt":"affiliates, or any director or officer of Transcat, or any associate of any such director or officer. Pursuant to the Agreement, the Company acquired Becnel for approximately $50.0 million (the “Acquisition”), consisting of a combination of (i) $17.5 million in cash and (ii) approximately $32.5 million of the Company’s common stock, par value $0.50 per share","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/99302/000120677424000358/0001206774-24-000358-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"acquisition"},{"label":"Counterparty","value":"Becnel Rental Tools, LLC"},{"label":"Consideration","value":"approximately $50.0 million"},{"label":"Closing","value":"2024-04-15"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}