ROCHESTER, NY, April 1, 2019 – Transcat, Inc. (Nasdaq: TRNS) (“Transcat” or the “Company”), a leading provider of accredited calibration, repair, inspection and laboratory instrument services and value-added distributor of professional grade handheld test, measurement and control instrumentation, announced that it has acquired substantially all of the assets of Gauge Repair Service ("GRS"), effective April 1, 2019. Financial terms of the transaction were not disclosed.

Established in 1963, GRS provides a broad range of pressure and torque calibrations and repair services in its Torrance, CA laboratory. GRS is A2LA-accredited and complies with ISO 17025.2005 and ANSI/NCSL Z540.1 requirements. Ted Haggstrom, President of GRS, will assist the transition under a consulting agreement and all other GRS employees are expected to become Transcat employees.

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