financetom
Business
financetom
/
Business
/
Transcat Acquires Essco Calibration Laboratory for $84 Million in Cash
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Transcat Acquires Essco Calibration Laboratory for $84 Million in Cash
Aug 5, 2025 7:59 AM

10:16 AM EDT, 08/05/2025 (MT Newswires) -- Transcat ( TRNS ) said Tuesday it acquired calibration services provider Essco Calibration Laboratory for $84 million in cash.

The transaction was supported by recently announced new $150 million syndicated credit facility, the company said.

Transcat ( TRNS ) said there are sales and cost synergy opportunities, including consolidation of its Boston operations supporting the New England region.

The transaction payment is subject to certain customary adjustments and holdback provisions, Transcat ( TRNS ) said.

Price: 74.71, Change: -0.09, Percent Change: -0.12

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved