Measurement / Test & Inspection / Industry Headlines
INDUSTRY HEADLINES

Trescal Pursues Acquisitions in NA

PARIS—Trescal announced that it has acquired Instrument Calibration Services and Test Equipment Repair Corporation, two companies that provide calibration and repair services for a wide variety of measurement and test equipment. The two transactions consolidate Trescal’s geographical footprint and enhance its calibration and repair capabilities in North America.

The deals were completed with the support of Trescal’s majority shareholder, Ardian, the premium independent private investment company, and underscore Trescal’s position as a leading global provider of calibration services through its global network of over 67 owned calibration laboratories. This is the fourth expansion since Ardian acquired Trescal in July 2013.

Instrument Calibration Services and Test Equipment Repair Corporation—both based in Atlanta, GA, and A2LA accredited—generated roughly $4.2 million in sales last year and have 24 employees including 18 engineers. The terms of the deals are not disclosed.

“The acquisition furthers our growth strategy in North America, and marks another significant step towards our goal of dominating the market within two years,” Guillaume Caroit, General Secretary of Trescal said. “Once again, the expertise of the teams and the reputation of these companies were critical aspects of both acquisitions.”

Britt Myers, president and founder of both Instrument Calibration Services and Test Equipment Repair Corporation, said joining Trescal, a market leader in test and measurement equipment services, was an extraordinary opportunity.

“I am happy to transfer my teams to Trescal, as this group is a pure player and specialist in calibration services strengthening its leadership position as a comprehensive test equipment solutions provider. I am confident that this transaction will be beneficial for both parties and their customers. Also, I would like to thank Guillaume Caroit and Lonnie Spires for their efforts and their professionalism,” Myers said.

Thibault Basquin, Managing Director of Mid Cap Buyout at Ardian, also applauded the deal, noting the strong prospects for Trescal as it continues to work closely with Ardian.

"This latest acquisition fits perfectly with the strategy we laid out when we acquired Trescal,” Basquin said. ”Both the Ardian and Trescal teams have implemented an ambitious roadmap with a view to accelerate external growth and we are confident that new transactions will be announced in the coming months."

For more, visit www.ardian-investment.com and www.trescal.com.

Source: Quality

Did you enjoy this article? Click here to subscribe to Quality Magazine. 

Recent Articles by Quality Magazine Staff

You must login or register in order to post a comment.

Multimedia

Videos

Podcasts

Karen Spencer, Clinkenbeard's quality manager, discusses what makes the plant stand out, advice for other plants, and looks to the future.
More Podcasts

Quality Magazine

CoverImage

2015 April

The April 2015 edition of Quality Magazine includes this years Quality's Professional of the Year.

Table Of Contents Subscribe

Topics to Talk About

What topics would you like to see Quality cover more?
View Results Poll Archive

Clear Seas Research

qcast_ClearSeas_logo.gifWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

STAY CONNECTED

Facebook2015_40 twitter_40px.png  youtube_40px.pnglinkedin_40px.png  GooglePlus_40

eNewsletters