Meritus Gas Partners Acquires Metroplex Welding Supply
Founded in 1975 by
"Metroplex is an outstanding fit for Meritus, and we are excited to welcome the Metroplex team to the Meritus family," said
"As we considered the future of our business, Meritus stood out as the right partner," said
The acquisition further advances Meritus' strategy of partnering with leading independent distributors while preserving their local brands, leadership teams, and customer-focused cultures. Metroplex will continue operating under its established name while benefiting from the resources and support of the Meritus platform.
"This is another outstanding addition for Meritus, and we are honored that the Metroplex ownership team selected us as their successor," said
About Meritus Gas Partners
Founded in
About AEA Investors
AEA Investors ("AEA") is a leading global alternative investment firm that has partnered with exceptional middle-market businesses for over 55 years. With a diversified suite of investment strategies spanning private equity and private credit, AEA has established itself as a trusted provider of comprehensive solutions to the middle market. Since its founding by the Rockefeller, Mellon, and Harriman family interests and S.G. Warburg & Co. in 1968, AEA has built an extraordinary network of investors, business leaders, operators, and advisors and a rich institutional knowledge base. Today, the firm manages approximately $19 billion in assets and operates through collaborative teams of skilled professionals around the world. Leveraging its deep expertise, extensive network, and robust resources, AEA seeks to deliver sustainable, long-term value. For more information, visit www.aeainvestors.com.
Contact
Meritus Gas Partners
Allen Jezouit
(401) 474-6299
[email protected]
View original content:https://www.prnewswire.com/news-releases/meritus-gas-partners-acquires-metroplex-welding-supply-302840048.html
SOURCE Meritus Gas Partners
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