Tech Air, a Connecticut-based distributor of industrial, medical, and specialty gases and related welding supplies, announced today that it has acquired US Oxygen & Supply (US Oxygen) of Arlington, Texas, and Specialty Air Technologies (SAT) of Long Beach, California. Tech Air is owned by CI Capital Partners and Tech Air management.
US Oxygen is a leading distributor of industrial, specialty, and medical gases in the Dallas-Fort Worth area. The company, which was founded in 2012, serves a wide range of customers and industries. SAT is a wholesaler of high-purity specialty gases and mixtures with customers throughout the Western United States.
These acquisitions give Tech Air entry points into the attractive Texas and California markets. Including US Oxygen and SAT, Tech Air has now completed eight acquisitions since CI Capital acquired the company in partnership with Tech Air’s management in 2010.
Myles Dempsey, Jr., Chief Executive Officer of Tech Air, said, “The acquisitions of US Oxygen and Supply and Specialty Air Technologies add to Tech Air’s growing geographic footprint. Tech Air now operates through 25 branch and fill plant locations and is serving customers in the Northeast, Southeast, Southwest, and West. We are pleased with these acquisitions and we remain focused on our strategy of acquiring high-quality regional distributors throughout the continental United States.”
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