American Welding & Gas Acquires Bestway Welding Supply

Log In

American Welding & Gas Acquires Bestway Welding Supply

Matrix Capital Markets Group has sold Houston-based Medical Gas Supply LLC, d/b/a Bestway Welding Supply, to American Welding & Gas Inc., an independently owned producer and distributor of industrial, medical and specialty gases.
American Welding & Gas Inc.
Author
Date

Investment bank Matrix Capital Markets Group announced it has sold Houston-based Medical Gas Supply LLC, d/b/a Bestway Welding Supply, to American Welding & Gas Inc., Raleigh, North Carolina, an independently owned producer and distributor of industrial, medical and specialty gases. Financial terms of the deal weren’t disclosed.

“The AWG brand is nationally recognized for excellent customer service, loyalty to employees, and above all else operating with integrity,” said Ernest “Cotton” Speed III, president of Bestway. “I can’t think of a better partner to help Bestway’s employees usher in this next phase of growth. The team at Matrix has been exceptional in every respect. The level of service and support I received was incredible, and they were able to create immense value for my business during the transaction process.”

Jason Krieger, president and CEO of AWG, added, “We are very pleased to welcome Bestway and their impressive team to AWG. Their focus on service first has provided them great growth in Houston. It also aligns well with our mission of providing productivity solutions for our clients with superior customer service. Together, we have a strong platform for growth in Texas.”

Related Posts

Share this article

About the Author
Recommended Reading
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

Get the MDM Update Newsletter

Wholesale distribution news and trends delivered right to your inbox.

Sign-up for our free newsletter and get:

  • Up-to-date news in a quick-to-read format
  • Free access to webcasts, podcasts and live events
  • Exclusive whitepapers, research and reports
  • And more!

2

articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to mdm.com, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events

Subscribe to continue reading

MDM Premium Subscribers get:

  • Unlimited access to MDM.com
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events

1

article
left

You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on mdm.com
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.

Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing efforts, identify business partners that help you scale, and stay ahead of your competitors.

Register for full access

By providing your email, you agree to receive announcements from us and our partners for our newsletter, events, surveys, and partner resources per MDM Terms & Conditions. You can withdraw consent at any time.

Learn More about Custom Reports

Request a Market Prospector Demo

  • This field is for validation purposes and should be left unchanged.