India, Aug. 5 -- Transcat, Inc. (TRNS), a leading provider of accredited calibration and instrumentation services, has acquired Essco Calibration Laboratory for $84 million in cash, marking the largest acquisition in the company's history.
The deal, finalized on August 5, 2025, was backed by Transcat's new $150 million syndicated credit facility co-led by M&T Bank and Wells Fargo Bank.
Based in the Boston metro area, Essco is an ISO-17025 accredited calibration lab and a dominant player in the New England region. With over 50 years of experience, the company generates over $22 million in annual revenue and maintains EBITDA margins above 25%. It serves diverse sectors, including Medical, Life Sciences, Aerospace & Defense, and Industrial m...