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 SteriQual, Inc. (SteriQual), effective July 12, 2023. The purchase price of $4.25 million was paid in Company stock and is subject to certain holdback provisions. Founded in 2017, SteriQual provides expert consulting services to pharmaceutical, biopharmaceutical, medical device, and diagnostic equipment manufacturers.
Read the full article: Transcat Extends Its Professional Services Business with Acquisition of SteriQual, Inc. //
Source: https://www.businesswire.com/news/home/20230712759743/en/Transcat-Extends-Its-Professional-Services-Business-With-Acquisition-of-SteriQual-Inc.