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Harter Secrest & Emery Advises Transcat, Inc. in $80.5 Million Public Offering

Siddharth Bahl

  585.231.1484

  sbahl@hselaw.com

Rochester, New York, September 29, 2023 – Harter Secrest & Emery LLP, a full-service business law firm with offices throughout New York, recently represented Transcat, Inc. (Nasdaq: TRNS) in an $80.5 million underwritten public offering of shares of common stock, which includes the full exercise of the underwriter’s over-allotment option. The offering closed on September 25, 2023, and the HSE Securities and Capital Markets team for the transaction included Alexander R. McClean, Kayla E. Klos, C. Christopher Murillo, Margaret K. Rhoda, and Siddharth Bahl. Oppenheimer & Co. Inc. acted as sole book running manager for the offering. The offering represents Transcat’s first public offering since its initial public offering in 1978.

Founded in 1964 in Rochester, New York, Transcat is a leading provider of accredited calibration, reliability, maintenance optimization, quality and compliance, validation, Computerized Maintenance Management System (CMMS), and pipette services. It is focused on providing best-in-class services and products to highly regulated industries, particularly the Life Science industry, which includes pharmaceutical, biotechnology, medical device, and other FDA-regulated businesses, as well as aerospace and defense, and energy and utilities. The breadth and depth of measurement parameters addressed by Transcat’s ISO/IEC 17025 scopes of accreditation are believed to be the best in the industry.

Harter Secrest & Emery is recognized as a leader in the securities and capital markets industry. With 10 attorneys devoted to practicing securities and capital markets law in Western New York, the firm brings a depth and breadth of experience unmatched in the region. Harter Secrest & Emery has represented issuers and underwriters in over 60 public offerings, with clients ranging from businesses seeking start-up capital to Fortune 100 companies. The firm’s securities practitioners assist clients with private and public offerings of securities, ongoing regulatory compliance and reporting, proxy solicitations, tender offers, digital assets and disruptive technologies, and securities litigation and arbitration before the Securities and Exchange Commission, NYSE, Nasdaq, FINRA, and state and federal courts.

About Harter Secrest & Emery LLP

Harter Secrest & Emery LLP is a full-service business law firm with attorneys throughout New York representing clients ranging from individuals and family-owned businesses to Fortune 100 companies and major regional institutions. With offices in Rochester, Buffalo, Albany, Corning, and New York City, New York, the firm and its attorneys are consistently recognized by the industry’s leading law firm and attorney ranking programs, including Chambers and Partners, Best Law Firms® and The Best Lawyers in America®.

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