DALLAS, Jan. 19, 2016 /PRNewswire/ -- 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.
About Generational Equity
Generational Equity provides mergers, acquisitions, strategic growth advisory services, and information for privately held and family-owned businesses to exit their companies successfully. Generational Equity uses a four-phase approach that includes education, financial analysis and reporting, sales documentation and deal-making ability to offer business owners an unparalleled level of commitment and experience, all focused on helping to release the generational equity and wealth in every business. Generational Equity is headquartered in Dallas, TX, has more than 200 professionals in North America, and was recently recognized by the M&A Advisor as the Valuation Firm of the Year. For more information visit the following websites at www.genequityco.com, www.gecpress.com or http://blog.genequityco.com/.
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