When the owner of an independent industrial gas distributor is thinking about succession or a sale, it can be complicated. Many don’t want to give up the values of the family business or lose something important in a would-be sale.
One option in the market today is Meritus Gas Partners, which is busy growing its network and building a packaged gas distribution platform in the process. And the good news is that, in many respects, it takes that worry off the table for company owners contemplating their future.
“We are seeking owners who are not looking to solely ‘sell out’ but who would instead be interested in re-investing with us and together building a national gas distribution company that could rival the majors,” says Rob D’Alessandro, Vice-Chairman of Meritus. “We are committed to allowing them to remain independent and entrepreneurial, preserving their culture and brand, but we also support them to hopefully turbocharge their growth and improve profitability. We’re all about bringing opportunity to our partner companies rather than dictating direction.”
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