Tech Air, a Danbury-based distributor of gases and related welding supplies, announced Tuesday it has completed the acquisition of Dallas, Texas-based Gas & Alloy Supply Co., also known as GASCO.
GASCO is Tech Air’s 15th add-on acquisition since CI Capital Partners acquired the company in partnership with Tech Air’s management in 2010. Tech Air now operates through 31 branch and fill plant locations and serves customers in the Northeast, South, Southwest and West.
GASCO is a leading distributor of gases & welding supplies in the Dallas-Fort Worth area.  GASCO will become part of Tech Air of Texas, Inc. and the sellers, Kirk Foote and Bill Carpenter, will remain actively employed with the company.
Terms of the deal were not disclosed.
Myles Dempsey, Jr., CEO of Tech Air, said the addition of GASCO will expand his company’s growing Southwest region and give the Texas-based company access to Tech Air”™s broad base of suppliers and administrative and operational support.
“Once again, this acquisition demonstrates the attractiveness of our partnership model for prospective sellers who want to remain involved in their business and care deeply about their customers and employees,” Dempsey said.
