M&A Deal Summary

Transcat Acquires Axiom

On August 8, 2023, Transcat acquired business services company Axiom for 38M USD

Acquisition Highlights
  • This is Transcat’s 8th transaction in the Business Services sector.
  • This is Transcat’s 2nd largest (disclosed) transaction.
  • This is Transcat’s 18th transaction in the United States.
  • This is Transcat’s 4th transaction in California.

M&A Deal Summary
Date 2023-08-08
Target Axiom
Sector Business Services
Buyer(s) Transcat
Deal Type Add-on Acquisition
Deal Value 38M USD

Target

Axiom

Vista, California, United States
Axiom is a rental provider of electronic test equipment to customers across the United States. Axiom was founded in 2005 and is based in Vista, California.

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Buyer(S) 1

Buyer

Transcat

Rochester, New York, United States
Category Company
Founded 1964
Sector Test/Measurement Equipment
Employees1,104
Revenue 259M USD (2024)
DESCRIPTION

Transcat is a provider of accredited calibration and compliance services and distributor of professional grade handheld test, measurement and control instrumentation. Transcat was founded in 1964 and is based in Rochester, New York.

DEAL STATS #
Overall 23 of 25
Sector (Business Services) 8 of 9
Type (Add-on Acquisition) 22 of 24
State (California) 4 of 4
Country (United States) 18 of 20
Year (2023) 3 of 3
Size (of disclosed) 2 of 11
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-07-12 SteriQual

United States

SteriQual provides expert consulting services to pharmaceutical, biopharmaceutical, medical device, and diagnostic equipment manufacturers. Specializing in commissioning, qualification and validation (“CQV”); process engineering; facilities engineering: quality engineering and assurance; and project management, SteriQual provides critical support to its customers engaged in new facility start-ups, modifications to existing facilities/processes, regulatory inspections, and remediations.

Buy $4M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-04-15 Becnel Rental Tools

Gray, Louisiana, United States

Becnel Rental Tools is a provider of rental tools and services primarily utilized in the decommissioning and maintenance of oil wells. Becnel Rental Tools was founded in 2012 and is based in Gray, Louisiana.

Buy -
Mergr

Product

Company

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