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%).
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 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%)
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 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 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 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%.
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 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, 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