m_and_a
confidence high
sentiment positive
materiality 0.80
Transcat acquires Essco Calibration Laboratory for $84M, largest deal in its history
TRANSCAT INC
- Acquired all membership units of Essco for $84M cash, closed August 5, 2025.
- Essco has >$22M annual revenue, EBITDA margins >25%, 113 employees, 50-year history.
- Largest Transcat deal; supported by new $150M syndicated credit facility from M&T Bank and Wells Fargo.
- Combined Boston operations become Transcat's highest-revenue location; expects sales/cost synergies.
- Second acquisition in eight months; with Martin Calibration, expected to contribute ~$50M annualized revenue.
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