Irvine-based Excalibur Engineering Inc. was acquired April 1 by Transcat Inc. in Rochester, N.Y., for $7.4 million in cash.
Excalibur, a provider of test equipment and calibration services in Southern California and Denver, posted about $8 million in annual revenue.
Transcat provides calibration and compliance services to the pharmaceutical, medical device, biotechnology, life science and aerospace industries.
The deal raises Transcat’s profile in Southern California, adds clients in the highly regulated life science and aerospace markets, and allows the company to add calibration products for high-end electronics, said President and Chief Executive Lee D. Rudow.
