Transcat, Inc. provides accredited calibration and compliance services and distributes handheld test, measurement and control instrumentation. The Company is focused on providing its services to the life science industries, which include pharmaceutical, biotechnology, medical device manufacturing and other Food and Drug Administration-regulated businesses. It also focuses on other industries and customers, which include industrial manufacturing; energy and utility; chemical manufacturing, and other industries, which require accuracy in their processes and confirmation of the capabilities of their equipment. It operates in two segments: service (Service) and distribution (Distribution). Through the Service segment, the Company offers calibration, compliance and other complementary services. Through its Distribution segment, the Company markets, sells and rents national brand instruments to customers globally. Its Distribution segment distributes handheld test and measurement equipment.