Transcat further expands its higher margin rental business with the acquisition of becnel rental tools, inc.

Rochester, n.y.--(business wire)--transcat, inc. (nasdaq: trns) (“transcat” or the “company”), a leading provider of accredited calibration services, cost control and optimization services, and distribution and rental of value-added professional grade handheld test, measurement, and control instrumentation, announced that it has acquired privately-held becnel rental tools llc (becnel), effective april 15, 2024. the $50 million purchase price was paid in combination of $32.5 million in company s.
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