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Page 3 - Transcat Blog

  1. Transcat Strengthens Midwest Presence with Acquisition of St. Louis based TIC-MS, Inc.

    ROCHESTER, NY, March 27, 2023 – Transcat, Inc. (Nasdaq: TRNS) (“Transcat” or the “Company”), a leading provider of accredited calibration services, enterprise asset management services, and value-added distributor of professional grade handheld test, measurement and control instrumentation, announced that it has purchased all of the capital stock of privately-held TIC-MS, Inc. (TIC-MS), effective March 27, 2023. The purchase price of $9.7 million was paid in combination of 70% stock and 30% cash and is subject to certain customary holdback provisions.  

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  2. Transcat Reports Third Quarter EBITDA Increase of 20% on 19% Service Revenue Growth and Strong Gross Margin Expansion

    ROCHESTER, NY, January 30, 2023 – Transcat, Inc. (Nasdaq: TRNS) (“Transcat” or the “Company”), a leading provider of accredited calibration, repair, inspection and laboratory instrument services and value-added distributor of professional grade handheld test, measurement and control instrumentation, today reported financial results for its third quarter ended December 24, 2022 (the “third quarter”) of fiscal year 2023, which ends March 25, 2023 (“fiscal 2023”). Results include the previously reported acquisitions of Cal OpEx Limited (d/b/a NEXA Enterprise Asset Management) (“NEXA”) effective August 31, 2021, Tangent Labs, LLC (“Tangent”) effective December 31, 2021 and Charlton Jeffmont Inc., Raitz Inc. and Toolroom Calibration Inc. (d/b/a Alliance Calibration) (“Alliance”) effective May 31, 2022, e2b Calibration, effective September 27, 2022 and Galium Limited (d/b/a Complete Calibrations), effective September 28, 2022

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  3. Transcat Announces Third Quarter Fiscal Year 2023 Conference Call and Webcast

    ROCHESTER, NY, January 18, 2023 – Transcat, Inc. (Nasdaq: TRNS) (“Transcat” or the “Company”), a leading provider of accredited calibration services, enterprise asset management services, and value-added distributor of professional grade handheld test, measurement and control instrumentation, announced that it will release its third quarter fiscal year 2023 results after the close of financial markets on Monday, January 30, 2023.

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  4. Transcat, Inc. to Participate in the 13th Annual Craig-Hallum Alpha Select Conference in New York, NY

    ROCHESTER, NY, November 4, 2022 – Transcat, Inc. (Nasdaq: TRNS) (“Transcat” or the “Company”), a leading provider of accredited calibration services, enterprise asset management including CMMS, reliability, quality, compliance and validation services, and value-added rentals and distributor of professional grade handheld test, measurement and control instrumentation, announced that Lee Rudow, President and Chief Executive Officer, and Tom Barbato, Chief Financial Officer, will be available for investor meetings at the Craig-Hallum Alpha Select Conference on Thursday, November 17, 2022 at the Sheraton New York Times Square Hotel in New York, NY. Transcat will host one-one-one meetings from 8:00 a.m. to 4:40 p.m. ET.

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  5. Transcat, Inc. to Present at 14th Annual Southwest IDEAS Investor Conference on November 16th in Dallas, TX

    ROCHESTER, NY, November 4, 2022 – Transcat, Inc. (Nasdaq: TRNS) (“Transcat” or the “Company”), a leading provider of accredited calibration services, enterprise asset management including CMMS, reliability, quality, compliance and validation services, and value-added rentals and distributor of professional grade handheld test, measurement and control instrumentation, announced that Lee Rudow, President and Chief Executive Officer, and Tom Barbato, Chief Financial Officer, will present and be available for investor meetings at the Southwest IDEAS Investor Conference on Wednesday, November 16, 2022 at the Westin Dallas Downtown in Dallas, TX. Transcat’s presentation is scheduled to begin at 3:45 p.m. CT. The presentation will be webcast live and can be accessed through the conference host’s main website: www.IDEASconferences.com and in the investor relations section of the company's website: https://www.transcat.com/investor-relations. A replay of the webcast will be available for 90 days.

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  6. Transcat Reports Strong Second Quarter Results on 19% Service Revenue Growth

    ROCHESTER, NY, October 31, 2022 – Transcat, Inc. (Nasdaq: TRNS) (“Transcat” or the “Company”), a leading provider of accredited calibration, repair, inspection and laboratory instrument services and value-added distributor of professional grade handheld test, measurement and control instrumentation, today reported financial results for its second quarter ended September 24, 2022 (the “second quarter”) of fiscal year 2023, which ends March 25, 2023 (“fiscal 2023”). Results include the previously reported acquisitions of Cal OpEx Limited (d/b/a NEXA Enterprise Asset Management) (“NEXA”) effective August 31, 2021, Tangent Labs, LLC (“Tangent”) effective December 31, 2021 and Charlton Jeffmont Inc., Raitz Inc. and Toolroom Calibration Inc. (d/b/a Alliance Calibration) (“Alliance”) effective May 31, 2022.

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  7. Transcat Announces Second Quarter Fiscal Year 2023 Conference Call and Webcast

    ROCHESTER, NY, October 18, 2022 – Transcat, Inc. (Nasdaq: TRNS) (“Transcat” or the “Company”), a leading provider of accredited calibration services, enterprise asset management services, and value-added distributor of professional grade handheld test, measurement and control instrumentation, announced that it will release its second quarter fiscal year 2023 results after the close of financial markets on Monday, October 31, 2022.

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  8. Transcat Establishes Calibration Presence in Ireland with Acquisition of Complete Calibrations and acquires Cleveland-based e2b Calibration

    ROCHESTER, NY, September 28, 2022 – Transcat, Inc. (Nasdaq: TRNS) (“Transcat” or the “Company”), a leading provider of accredited calibration services, enterprise asset management services, and value-added distributor of professional grade handheld test, measurement and control instrumentation, announced that it has purchased all of the capital stock of privately-held Galium Limited (d/b/a Complete Calibrations), effective September 28, 2022. The purchase price was $1.2 million and was paid in cash. In addition, the Company also announced that it acquired substantially all of the assets of e2b Calibration, effective September 27, 2022. The purchase price of this transaction was $3.15 million and was also paid in cash.

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  9. Transcat, Inc. to Present at Oppenheimer 25th Annual Technology, Internet & Communications Conference

    ROCHESTER, NY, August 3, 2022 – Transcat, Inc. (Nasdaq: TRNS) (“Transcat” or the “Company”), a leading provider of accredited calibration services, enterprise asset management services, and value-added distributor of professional grade handheld test, measurement and control instrumentation, announced that Lee D. Rudow, President and Chief Executive Officer, and Thomas A. Barbato, Chief Financial Officer, will present and be available for investor meetings at the Oppenheimer 25th Annual Technology, Internet & Communications Conference on Wednesday, August 10, 2022. The Transcat presentation will be held on Wednesday, August 10 at 4:35 p.m. ET. A link to the live webcast, along with presentation materials, will be available at www.transcat.com/investor-relations. A replay of the webcast will be available for 90 days.

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  10. Transcat Reports Strong First Quarter Results on 23% Service Revenue Growth and Solid Gross Margin Expansion

    ROCHESTER, NY, August 1, 2022 – Transcat, Inc. (Nasdaq: TRNS) (“Transcat” or the “Company”), a leading provider of accredited calibration services, enterprise asset management services, and value-added distributor of professional grade handheld test, measurement and control instrumentation, today reported financial results for its first quarter ended June 25, 2022 (the “first quarter”) of fiscal year 2023, which ends March 25, 2023 (“fiscal 2023”). Results include the previously reported acquisitions of Upstate Metrology Inc. (“Upstate Metrology”) effective April 29, 2021, Cal OpEx Limited (d/b/a NEXA Enterprise Asset Management) (“NEXA”) effective August 31, 2021, Tangent Labs, LLC (“Tangent”) effective December 31, 2021 and Charlton Jeffmont Inc., Raitz Inc. and Toolroom Calibration Inc. (d/b/a Alliance Calibration) (“Alliance”) effective May 31, 2022.

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