Transcat completed the acquisition of Martin Calibration for $79m.

Transcat, an ISO/IEC 17025 accredited calibration & repair services & sells professional electronic test equipment provider, completed the acquisition of Martin Calibration, an ISO-17025 Accredited calibration laboratory network, for $79m. “We are thrilled to announce the acquisition of Martin Calibration, our largest acquisition in Transcat history. Martin has been highly coveted by Transcat not only for its size and scale, but for its stellar reputation around quality and capabilities. As a result, we expect this highly synergistic deal to fulfill all our strategic acquisition drivers by expanding our geographic reach, increasing our capabilities and expertise, and providing us with two bolt-on opportunities (Los Angeles and Tempe) that will leverage our existing infrastructure. Additional leverage will come in other aspects of our business, including automation and outsource reduction,” Lee Rudow, Transcat President and CEO.