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Acquisitions helped drive growth at Rochester-based Transcat in FY24

Acquisitions helped drive growth at Rochester-based Transcat in FY24
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Lee rudowBecnel rental toolsTranscat incAxiom test equipment incSteriqual incAxiom test equipmentLouisiana based becnel rental tools

Transcat Reports double-digit Organic Service Revenue Growth and significant Gross Margin expansion in both Segments for the Fourth Quarter and Full Year 2024

Fourth Quarter Service gross margin expanded 170 basis points driven by 13% Service organic growth Fourth Quarter Distribution gross margin expands 510 basis points to 30.3% on strength of.

United statesPuerto ricoJim jenkinsJohn cumminsMike westLeed rudowTranscat incEffect of exchange rate changes on cashAxiom test equipment incCalibration service centersExchange commissionService operating incomeSteriqual incService adjustedService revenueCost of service revenue

Transcat Bolsters Its High Margin Rental Business Via Acquisition Of Axiom For $38M

Transcat Inc (NASDAQ:TRNS) has acquired all of the capital stock of privately-held Axiom Test Equipment, Inc, effective August 8, 2023. .

San diegoUnited statesJosh shiltsLee rudowTranscat incAxiom test equipment incAxiom test equipmentElectronic test equipmentAxiom president josh shiltsTest equipment

Transcat accelerates the growth of its high margin rental business with the acquisition of Axiom Test Equipment, Inc

Transcat, Inc. , a leading provider of accredited calibration services, enterprise asset management services, and value-added distributor of professional grade handheld test, measurement and control.

Puerto ricoUnited statesSan diegoJosh shiltsLee rudowExchange commissionCalibration service centersTranscat incAxiom test equipment incA serviceAxiom test equipmentElectronic test equipmentAxiom president josh shiltsTest equipmentGross marginsChief executive

Transcat announces acquisition | Rochester Business Journal

Transcat announces acquisition | Rochester Business Journal
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United statesJosh shiltsLee rudowAxiom test equipment incTranscat incCalifornia based axiom test equipment