Announced
Completed
Financials
Tags
Private Equity
Private
specialty gas
Acquisition
United States
Specialty Chemicals
Completed
Single Bidder
Majority
specialty chemicals
Friendly
Synopsis
Airgas, an Air Liquide company completed its acquisition of CI Capital Partners-backed Tech Air, a distributor of industrial, medical, and specialty gases. Financial terms were not disclosed. "We are grateful to have had the opportunity to support Tech Air CEO Myles Dempsey and his team in its buy-and-build strategy, which allowed Tech Air to become a leading packaged gas distributor. We congratulate the Tech Air management team on their unrelenting commitment to value creation. We wish them and Airgas all the best in the future." Joost Thesseling, CI Capital Managing Director.
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