Transcat acquires Martin Calibration for $79M in cash and stock, expanding Midwest presence

TRANSCAT INC

Purchase price $79M: $69M cash + $10M in 96,006 shares of TRNS common stock.
Martin operates 7 labs in Minneapolis, Chicago, Milwaukee, Eau Claire, Tempe, Los Angeles; serves medical, life science, aerospace, nuclear.
Martin has over $25M revenue and nearly 150 employees; largest acquisition in Transcat history.
CEO Lee Rudow cites strong strategic fit, geographic expansion, and expected synergies.
Martin's owner Rick Brion joins Transcat; shares subject to lock-up until 45 days after registration.

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