M&A Deal Summary

Transcat Acquires Becnel Rental Tools

On April 15, 2024, Transcat acquired business services company Becnel Rental Tools

Acquisition Highlights
  • This is Transcat’s 9th transaction in the Business Services sector.
  • This is Transcat’s 19th transaction in the United States.
  • This is Transcat’s 1st transaction in Louisiana.

M&A Deal Summary
Date 2024-04-15
Target Becnel Rental Tools
Sector Business Services
Buyer(s) Transcat
Deal Type Add-on Acquisition
Advisor(s) Woodbridge International (Financial)

Target

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.

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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 24 of 25
Sector (Business Services) 9 of 9
Type (Add-on Acquisition) 23 of 24
State (Louisiana) 1 of 1
Country (United States) 19 of 20
Year (2024) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-08-08 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.

Buy $38M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-12-10 Martin Calibration

Burnsville, Minnesota, United States

Martin Calibration is an ISO-17025 Accredited calibration laboratory network. Martin serves customers in the highly regulated Medical, Life Science, Aerospace, and Nuclear sectors, providing in-lab and onsite services across a broad range of disciplines. Martin Calibration was founded in 1980 and is based in Burnsville, Minnesota.

Buy $79M
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