Tech Air has announced that it has completed the acquisition of Gases & Arc Supply, Inc., a distributor of welding and industrial supplies and industrial gases located in Denver, Colorado. Tech Air is owned by CI Capital Partners and Tech Air management.
Gases & Arc was founded in 1995 by Jim O’Connor and Bob Backowies, who have more than 50 years of combined experience in the industrial gas distribution industry. Gases & Arc primarily serves industrial companies in the construction, pipe and metal fabrication industries. Both O’Connor and Backowies will remain actively involved with the company moving forward.
Myles Dempsey, Jr., CEO of Tech Air, said, “The acquisition of Gases & Arc creates a new region for Tech Air in Colorado, complementing Tech Air’s existing regions in the Northeastern, Southeastern, Southwestern and Western United States. We welcome Jim, Bob and the rest of the Gases & Arc team to Tech Air and look forward to supporting their continued growth and success.”
Jim O’Connor, President of Gases & Arc, commented, “Gases & Arc has built a reputation for outstanding customer service and technical expertise in the industries we serve. Putting customers and employees first are core values that we share with Tech Air. We are excited to embark on the next stage of our company’s evolution, in partnership with Tech Air.”
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