Connecticut-based industrial, medical and specialty gases distributor Tech Air has completed another acquisition in the field, this time with Dallas, Texas-based Gas & Alloy Supply Co. (GASCO).
GASCO is a leading distributor of gases and welding supplies in the Dallas-Fort Worth area.
Founded in 2001 by industry veterans Kirk Foote and Bill Carpenter, the two will remain actively employed with the company – which now becomes part of Tech Air of Texas, Inc.
GASCO becomes Tech Air’s fifteenth add-on acquisition since CI Capital acquired the company in partnership with Tech Air’s management in 2010. The last year has proved to be particularly prolific for the company in terms of mergers and acquisitions (M&A) activity, with GASCO now the ninth add-on acquisition in just over 12 months.
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