Highest-materiality recent filing
Transcat Q4 service rev +18%, guides high single-digit organic growth in FY27
Q4 service revenue $61.6M (+18%); distribution revenue $27.8M (+11%).
Transcat COO West gets fiscal 2027 base salary of $425K, incentive at 40% and 65% of base
Compensation Committee approved new compensation for COO Michael West effective March 29, 2026.
Jaime Irick becomes President and CEO effective March 29, 2026; also joins Board and Executive Committee.
Transcat reports Q3 FY2026 revenue of $83.9M (+26% YoY); service organic growth returns to 7%
Q3 revenue $83.9M, up 26%; service revenue $53.7M (+29%), distribution $30.2M (+20%).
Transcat grants retention RSUs to four execs as CEO Rudow plans retirement
CEO Rudow to retire in March 2026, then advisory role through March 2027.
Transcat Q2 FY26 revenue $82.3M (+21%), adjusted EBITDA +37% but net income down 61%
Revenue $82.3M (+21% YoY); Service $52.8M (+20%), Distribution $29.4M (+24%)
Transcat appoints Kristina Johnston as principal accounting officer, effective Sept 10, 2025
Johnston, 48, previously CFO of Vintage Wine Estates (2022-2025) and VP at Constellation Brands.
CEO Lee D. Rudow to retire by March 2026; will serve as senior advisor through March 2027
CEO Lee D. Rudow will retire as CEO and director in March 2026; board has formed search committee for successor.
Transcat Q1 revenue +15%, adj. EBITDA +15% to $11.8M; acquires Essco Calibration ($22M rev)
Service revenue $49.1M (+12% YoY); distribution revenue $27.3M (+19% YoY) with record 35.2% gross margin.
Transcat acquires Essco Calibration Laboratory for $84M, largest deal in its history
Acquired all membership units of Essco for $84M cash, closed August 5, 2025.
Transcat enters new $150M secured credit facility, nearly doubling prior $80M facility
New 5-year $150M revolving credit facility replaces existing $80M M&T facility; matures July 29, 2030.
Transcat director Charles P. Hadeed to retire effective August 1, 2025
Hadeed notified the company on July 16, 2025 of his retirement from the board.
Transcat updates auditor change: Freed Maxick dismissal effective May 27, 2025
Freed Maxick completed audit for FY2025 on May 27, 2025; dismissal effective that date.
Transcat Q4 revenue up 9% to $77M; net income down 35% on operating margin compression
Q4 revenue $77.1M (+9% YoY); service revenue $52.0M (+11.3%) led calibration strength.
Transcat Corporate Controller and PAO Scott D. Deverell announces retirement
Scott D. Deverell notified Transcat on April 1, 2025 of his intent to retire as Corporate Controller and Principal Accounting Officer.
Transcat dismisses Freed Maxick as auditor and engages Deloitte & Touche for FY2026
Audit Committee approved change on Feb 6, 2025; Freed Maxick dismissed after FY2025 audit completion.
Transcat Q3 EPS $0.25 down 34%; gross margin down 260bps; acquires Martin Calibration
Revenue $66.8M (+2.4%); Service flat at $41.6M; Distribution +6.5% to $25.2M.
Transcat grants enhanced change-in-control severance to CEO, CFO, SVP HR
CEO Rudow gets 24 months salary/bonus/benefits; CFO Barbato 12 months; SVP Conroy 6 months on qualifying termination after change in control.
Transcat acquires Martin Calibration for $79M in cash and stock, expanding Midwest presence
Purchase price $79M: $69M cash + $10M in 96,006 shares of TRNS common stock.
Transcat Q2 revenue up 8% to $67.8M; Adj. EBITDA down 5%, Nexa slowdown drags organic growth
Revenue $67.8M (+8%); Gross Profit $21.2M (+5.4%); Gross Margin 31.3% vs 32.0%.
Transcat shareholders approve board declassification, elect directors at 2024 annual meeting
Shareholders approved declassification; all director nominees will stand for annual one-year terms starting 2025.
Revenue $66.7M (+10.1% YoY); Service $43.8M (+9.8%), Distribution $22.9M (+10.5%).
James M. Jenkins notified board of intention to resign as Chief Legal and Corporate Development Officer effective June 1, 2024.
Transcat Q4 revenue up 14% to $70.9M, EPS $0.77; Service organic growth 13%
Q4 revenue $70.9M (+14% YoY); Service revenue $46.7M (+18%), Distribution $24.2M (+8%).
Transcat Chief Legal and Corporate Development Officer resigns effective June 1
James M. Jenkins resigned as Chief Legal and Corporate Development Officer, effective June 1, 2024.
Transcat amends NEXA purchase agreement; removes future earn-out payments, pays $527K for year 2
Second Amendment to 2021 Share Purchase Agreement dated May 20, 2024 eliminates all future earn-out obligations for NEXA acquisition.
Transcat acquires Becnel Rental Tools for $50M in cash and stock
Purchase price $50M: $17.5M cash + $32.5M stock (301,707 shares).
Transcat appoints Mike West as COO; Mark Doheny steps down effective immediately
Mark Doheny steps down as COO effective immediately; will remain as consultant through October 2024.
Transcat appoints Mike West as COO; Mark Doheny steps down, consulting through Oct 2024
Mike West promoted to COO effective Apr 8, 2024; he was SVP of Operations since Apr 2023.
On April 1, 2025, Scott D. Deverell notified Transcat, Inc. (the “Company”) of his intention to retire from his position as Corporate Controller and Principal Accounting Officer of the Company.
James M. Jenkins notified the board of directors of Transcat, Inc. (the “Company”) of his intention to resign as Chief Legal and Corporate Development Officer of the Company effective as of June 1, 2024.
James M. Jenkins notified the board of directors of Transcat, Inc. (the “Company”) of his intention to resign as Chief Legal and Corporate Development Officer of the Company effective as of June 1, 2024.
Effective as of April 8, 2024 (the “Effective Date”), Michael West was appointed as the Chief Operating Officer of Transcat, Inc. (the “Company”).
Also as of the Effective Date, Mark Doheny was terminated as Chief Operating Officer of the Company.
Max materiality 0.85 · Median 0.65 · Most common event leadership