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Transcat Completes Acquisition Of Anacor Compliance Services, Inc.

Stocks in this article: TRNS

Transcat, Inc. (Nasdaq: TRNS) (“Transcat” or the “Company”), a leading distributor of professional grade handheld test and measurement instruments and accredited provider of calibration, repair and other measurement services, announced today that it has acquired Anacor Compliance Services, Inc. (“Anacor”), a nationally recognized and respected provider of specialized analytical, calibration, compliance and validation services to the life sciences sector including the biotechnology, medical device, and pharmaceutical industries.

Headquartered in Furlong, Pennsylvania, Anacor specializes in process validation and compliance qualification with protocol development and execution, as well as final qualification documents. In addition, Anacor provides software and network validation, air sampler, particle counter and pipette calibration along with GC, HPLC and UPLC qualification services and temperature mapping validation services.

Anacor has achieved ISO9001:2008 certification in five essential compliance service components for businesses operating within the Life Sciences Service Sector. Anacor’s certification scope includes Calibration Services, Analytical Instrument Qualification Services, Equipment and Process Validation Services, Calibration Laboratory Services, and Customer Asset Management Services.

With over 40 years combined experience, Anacor was founded in 2008 by Reese Barnum and Michael Branvold, who have joined Transcat together with Anacor’s 23 employees.

Charles P. Hadeed, President and CEO of Transcat, commented, “Consistent with our growth strategy, this acquisition provides for an expanded suite of quality based services to our targeted life sciences industry customer base. We believe this addition capitalizes on the strength of our infrastructure and reputation for quality, service and integrity.”

The terms of the transaction were not disclosed.

ABOUT TRANSCAT

Transcat, Inc. is a leading distributor of professional grade handheld test and measurement instruments and accredited provider of calibration, repair and other measurement services primarily for the pharmaceutical and FDA-regulated, industrial manufacturing, energy and utilities, chemical manufacturing and other industries. Through its distribution products segment, Transcat markets and distributes national and proprietary brand instruments to nearly 15,000 customers. The Company offers access to more than 25,000 test and measurement instruments. Transcat delivers precise, reliable, fast calibration, and repair services across the United States, Canada and Puerto Rico through its 17 strategically located Calibration Centers of Excellence. The breadth and depth of parameters covered by Transcat’s ISO/IEC 17025 scopes of accreditation are believed to be among the best in the industry.

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