Generational Equity, a leading mergers and acquisitions advisor for privately-held, middle-market businesses, is pleased to announce the acquisition of its client, Spectrum Technologies, Inc. (Spectrum), headquartered in Paxinos, Pennsylvania, by Transcat, Inc., headquartered in Rochester, New York. The acquisition closed on December 31, 2015.
Founded in 1986, Spectrum is an ISO 9001:2008 Registered, NIST traceable, calibration organization that provides commercial instrument calibration and test equipment repair services for a wide variety of measurement and test equipment. In addition, Spectrum offers new equipment for direct sales to its customers. To read more, visit www.gosti.cc.
Managing Director William Hunter led the Generational Equity deal team that advised Spectrum on the transaction. Hunter reports, "This transaction was a great fit for both parties. Our clients attained their goals and get to help take the business to the next level. The buyer gets to quickly become a dominant player in the hospital calibration niche."
Transcat, Inc. is a leading provider of accredited calibration and compliance services, including analytical instrument qualifications, equipment and process validation. The Company is focused on providing best-in-class calibration analytics to highly regulated industries, including life science, aerospace, pharmaceuticals, medical device manufacturing and biotechnology. Transcat is also a world leader in the distribution of Test, Measurement and Control Instrumentation. To learn more, visit www.transcat.com.
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