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07/01/2015

Trescal acquires GenCal in New Jersey (USA)

Based in Boonton, New Jersey, General Calibration Inc. (GenCal) is an ISO 17025 A2LA accredited one-stop-shop laboratory and employs 22 people for an annual turnover of ~3 M$. 

This acquisition allows Trescal to expand its footprint in the American market, strengthening its presence in the North East. It also reinforces its technical skills, particularly in electrical High Voltage calibration. GenCal’s management team will remain unchanged.

 Guillaume Caroit, General Secretary of Trescal Group, said: “We are very happy to welcome General Calibration within Trescal group. This acquisition shows our strong commitment to reinforce Trescal presence in the US. We aim at continuing at the same pace our acquisition strategy in North America in 2015.” 

This deal was completed with the support of Trescal’s majority shareholder, Ardian, the premium independent private investment company. This acquisition is the tenth build-up following Ardian’s take over of Trescal in July 2013, and the fourth in the United States in 2014.

ABOUT GENERAL CALIBRATION - General Calibration was incorporated in 1988 in Whippany, New Jersey. Since then, the three founders’ goal has been to provide the highest level of service excellence in calibration maintenance and repair of electrical measurement equipment. In 1996 the company moved to Boonton, in a 9 000 sq. foot state-of-the-art laboratory.

> Read the press release

02/10/2014

New acquisitions in North America and Spain

Trescal announces the acquisitions of Calibration Solutions Inc. (US) and the calibration laboratory of GES SIEMSA (Spain).

 

> Read the Press release

04/08/2014

Trescal announces an agreement with Tecnalia in Spain

Trescal stregthens its market position in Spain.

> Read the Press release

30/06/2014

Trescal pursues its acquisition strategy in the US and Italy

Trescal announces the acquisition of US company Master Metrology Inc. and Gefran’s Italian metrology assets.

> Read the Press release

16/04/2014

Trescal pursues its acquisition strategy in North America

Trescal announces that it has acquired Instrument Calibration Services and Test Equipment Repair Corporation located in Atlanta (GA).
 

Trescal, the international specialist in calibration services, announces today 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."