Green Tree-based calibration lab Cal Tec Labs Inc. was acquired by Florida-based Medical Technology Associates for an undisclosed amount.
“We want to continue to grow, and I know that MTA wants to continue to grow,” George Urban, Cal Tec vice president of operations, said. “I think that there will be a little more focus on some of the health care here in Pittsburgh. With that and the resources that we have there are certain spectrums that fall under the umbrella of calibration that we did not do before, such as cleanrooms.”
George Urban had purchased the company from his father in 2007, alongside his brother Jon Urban, current Cal Tec vice president of administration. The two brothers had worked there since 1996, when the company was under the name Quality Technologies.
In recent years, the brothers had been approached by several companies to sell, but they were not actively looking for buyers. Ultimately, PNC Riverarch connected Cal Tec with MTA, in which Riverarch had previously invested in in 2022. The brothers will continue in their current roles with the company.
“You have the private equity piece and then you have the platform piece and at the end of the day when you added them both up, [MTA] scored the highest,” George Urban said. “We were really comfortable with the Riverarch guys and where MTA is in their process. We aren’t their first add-on, and they have a thought process behind what they’re doing.”
In a prepared statement, MTA CEO Val Marks said that Cal Tec “will be crucial to our expansion in western Pennsylvania."
Cal Tec, which employs 15, services a variety of industries, including aerospace, nuclear, automotive, natural gas and robotics. Its primary industry is manufacturing.
Approximately 80% of the services provided by the company are onsite, in-person testings. The other 20% come from mail-ins from around North America.
“Our clients like the fact that we have a turnaround time that is reasonable,” Jon Urban said. “We don’t have to outsource anything. We can calibrate almost anything here on site, and we don’t have to send it off to another lab out of state.”
