#United States #Longmont #Meritus Gas #Buckeye Welding #Wagner Welding

Meritus Gas Partners Expands Its Colorado Operations

In a strategic move to bolster its presence in Colorado, Meritus Gas Partners has officially acquired Wagner Welding Supply, a well-established company known for serving the northern Denver market for over 80 years. This acquisition was facilitated through Meritus's wholly owned subsidiary, Buckeye Welding Supply, although the financial details of the transaction remain undisclosed.

Wagner Welding Supply, located in Longmont, Colorado, has built a solid reputation under the leadership of its current owner, Dennis Ogden. The company specializes in providing a range of industrial and medical gases, operating from a single location that has been integral to servicing the local community. This acquisition marks a continuation of Buckeye's growth strategy, following its earlier acquisition of HICO Distributing in Englewood, Colorado, earlier this year.

As Ogden remarked, “Meritus has a unique model that allows us to maintain the culture and legacy that made Wagner successful, while providing access to the resources and expertise of a larger organization.” He expressed optimism about partnering with Meritus and the Buckeye team to not only sustain the success of Wagner but also expand its capabilities, thus enhancing the value provided to its customers and employees.

Steve Schwegman, President of Buckeye, echoed this sentiment, highlighting Wagner’s strong market relationships and commitment to exceptional customer service. “Dennis and his team have created a business with a tremendous reputation, and we're excited to welcome them into the Buckeye family,” Schwegman stated. With this acquisition, Buckeye now operates five locations, widening its service capabilities in northwest Denver. This strategic integration is not just about expansion; it’s about enhancing the company's ability to cater to diverse industries, including construction, aerospace, and chemicals.

The operational merger seeks to blend Wagner's local strengths with Buckeye’s extensive resources, positioning them favorably for continued growth. This signifies a promising future for both businesses and a commitment to delivering value to customers across northern Colorado. The partnership aims to harness the synergistic potential of both companies, combining Wagner’s established market presence with Buckeye’s national operational capabilities.

About Meritus Gas Partners

Established in December 2020, Meritus Gas Partners is part of a broader initiative to create a united network of independent distributors specializing in industrial and medical gases. The company’s focus is not on merely absorbing the acquired entities but rather on fostering their independence and entrepreneurial spirit while providing the necessary support for accelerated growth and improved operational quality. This approach allows the original owners and management teams to have a significant stake in the overall success of the merged entity.

For further details about Meritus Gas Partners and their operational model, you can visit their official website at www.meritusgas.com.

About AEA Investors

AEA Investors is a distinguished global alternative investment firm, specializing in partnering with exceptional middle-market businesses for over 55 years. With a keen eye for quality and potential, AEA manages an impressive $19 billion in assets through various investment strategies. Their network and collaboration-centric approach aim to deliver sustainable, long-term value while supporting the growth and success of their portfolio companies.

For more insights into AEA Investors, visit www.aeainvestors.com.