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Transcat acquires Virginia lab (access required)

Continuing its growth through acquisition strategy, Transcat Inc. on Tuesday announced it had purchased a Virginia-based in-house and on-site equipment calibrator for $4.7 million. Founded in 2000, Angel’s Instrumentation Inc. provides calibrations nationally to the manufacturing and maritime industries from its Chesapeake, Va., calibration laboratory. With roughly $4 million in annual revenue, AI’s service offerings include ...

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Transcat posts record Q3 revenue, misses Street estimates (access required)

Transcat Inc. on Monday after the bell reported record third quarter revenue, but failed to reach analyst expectations. For the ...