TRNS - Transcat Views Becnel As A Great Addition To Its Rental Portfolio With Expected Margin Boost: Details | Benzinga
Transcat Inc (NASDAQ:TRNS) has acquired privately-held Becnel Rental Tools LLC, effective April 15, 2024.
The $50 million purchase price involves a combination of $32.5 million in company stock and $17.5 million in cash.
Transcat provides accredited calibration services, cost control and optimization services, and distribution and rental of value-added professional grade handheld test, measurement, and control instrumentation.
Founded in 2012, Becnel is an ISO 9001:2015 certified provider of rental tools and services mainly ...