1. Home >
  2. M&A >
  3. Add-on Acquisition >
  4. United States >
  5. Virginia >
  6. Transcat Acquires BioTek Services

M&A Deal Summary

Transcat Acquires BioTek Services

On December 16, 2020, Transcat acquired test/measurement equipment company BioTek Services for 4M USD

Acquisition Highlights
  • This is Transcat’s 9th transaction in the Test/Measurement Equipment sector.
  • This is Transcat’s 12th largest (disclosed) transaction.
  • This is Transcat’s 13th transaction in the United States.
  • This is Transcat’s 2nd transaction in Virginia.

M&A Deal Summary
Date 2020-12-16
Target BioTek Services
Sector Test/Measurement Equipment
Buyer(s) Transcat
Deal Type Add-on Acquisition
Deal Value 4M USD

Target

BioTek Services

Richmond, Virginia, United States
BioTek Services, Inc. provides in-house and on-site laboratory instrument calibrations and certification/validation offerings nationally to life science and other regulated industries. BioTek offers ISO/IEC 17025-accredited and commercial calibrations services for pipettes and liquid handling devices, as well as other lab equipment within the temperature, time, humidity, speed and balance/scale disciplines. BioTek Services was founded in 1998 and is based in Richmond, Virginia.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

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 18 of 26
Sector: Test/Measurement Equipment M&A 9 of 12
Type: Add-on Acquisition M&A Deals 17 of 25
State: Virginia M&A 2 of 2
Country: United States M&A 13 of 21
Year: 2020 M&A 2 of 2
Size (of disclosed) 12 of 12
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-02-24 TTE Laboratories

Hopkinton, Massachusetts, United States

TTE Laboratories, Inc. provides a broad range of pipette services, from ISO 17025 and 8655 compliant calibration to repair, refurbishment or replacement, calibration management, and user training, as well as selling a broad line of pipette equipment and supplies. TTE Laboratories is based in Hopkinton, Massachusetts.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-31 Tangent Labs

Indianapolis, Indiana, United States

Tangent Labs provides in-house and on-site calibrations of precision measurement and control instrumentation to customers in life science, aerospace and other regulated industries. Tangent Labs was founded in 1995 and is based in Indianapolis, Indiana.

Buy $9M
Mergr

Solution for

Product

Company

Legal