Transcat, Inc. /
Axiom Test Equipment, Inc.
Transcat adds Axiom Test Equipment to its rental business
What happened
Transcat, Inc. acquired Axiom Test Equipment, Inc. on Aug. 8, 2023, purchasing all of its capital stock for $38 million. The consideration included $28 million in company stock and $10 million in cash.
Axiom provides rental Electronic Test Equipment to customers across the United States.
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Transcat adds Axiom Test Equipment to its rental business
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