Transcat, Inc. is a provider of calibration, repair, inspection and compliance services and distributor of professional grade handheld test, measurement and control instrumentation. The Company operates in two segments: Service and Distribution. The Company�s Service segment also offers compliance services, which include remediation, validation and analytical services primarily to pharmaceutical and FDA-regulated customers. Through its Distribution segment, the Company markets and sells national and brand instruments to approximately 15,000 customers. The Company provides products and services to pharmaceutical industry and FDA-regulated businesses, such as biotechnology and medical device manufacturing; industrial manufacturing companies; energy industry and power, natural gas and water utility companies; chemical process industry, and other industries which require accuracy in their processes. In August 2014, the Company acquired Ulrich Metrology Inc.