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INDUSTRY UPDATES
Transcat, Inc., a leading provider of accredited calibration services, cost control and optimization services, and distribution and rental of value-added professional grade handheld test, measurement and control instrumentation, announced via press release that it has acquired privately held Martin Calibration Inc.
Los Angeles-based Verde Bioresins Inc. agreed to be acquired by Nxu Inc. from Humanitario Capital for $16.2 million on Oct. 23.
Irvine-based Mobix Labs Inc. agreed to acquire Spacecraft Components Corp., a Nevada-based aerospace and defense manufacturer of high-precision, mission-critical components for $24 million.
Updates
Long Beach-based Molina Healthcare Inc. agreed to acquire Connecticare Holding Co. Inc. for $350 million on July 23.
Alhambra-based Astrana Health Inc. agreed to acquire Prospect Medical Systems Inc. from Prospect Medical Holdings Inc. for $745 million on November 8.
Rev Group Inc. sold its Riverside-based bus manufacturing unit ElDorado National - California Inc. to Rivaz Inc. for $52 million on October 18.
Real estate private equity investment firm Primior agreed to be acquired by Grillit Inc. in a transaction valued at $30 million on July 22.
Acuity Brands Technology Services Inc. entered into an agreement to acquire Costa Mesa-based QSC LLC from QSC Holdings Inc. and others for $1.2 billion on Oct. 24.
Irvine-based Lantronix Inc. signed an agreement to acquire DSZ’s NetComm Wireless’ enterprise Industrial Internet of Things (IoT) Solutions portfolio for $6.5 million on November 7.
Avid Bioservices Inc., a Tustin-based biotech company, agreed to go private in an $850-million deal that values the company at $1.1 billion on Nov. 6.