Transcat, Inc., Rochester, NY, a distributor of professional grade test, measurement and calibration instruments and accredited provider of calibration and repair services, has acquired privately-held Westcon, Inc., a Portland, OR-based test and measurement instruments distributor and calibration services provider, in a transaction valued at $7.2 million.
Charles P. Hadeed, CEO of Transcat, said, This acquisition provides us a West Coast distribution operation that enables us to provide faster service to a broader base of potential customers while adding a Pacific Northwest full-service calibration operation that geographically complements and expands our nationwide network to a total of twelve laboratories. Of added value is Westcon’s focus on the wind industry, an ideal, high-growth target market that fits well with our energy market strategy.”
Westcon provides wind turbine manufacturers and owner operators with specific test and measurement instruments and calibration services.
With 30 employees, Westcon had $9.5 million in revenue from both product sales and calibration service for its fiscal 2008 which ended June 30, 2008.
Transcat, Inc. distributes national and proprietary brand instruments globally.