AEA-backed Meritus Gas Partners acquires Metroplex Welding Supply

Meritus Gas Partners said it has acquired Metroplex Welding Supply, an independent distributor of industrial gases and welding supplies headquartered in Dallas, Texas. Metroplex was founded in 1975 by Mike Bush Sr. and operates five locations serving the Dallas-Fort Worth area. It is led by Mike Bush Jr., Tom Bush and General Manager Jack Robbins.

Meritus said the deal extends its strategy of partnering with independent distributors while keeping their local brands and leadership. Metroplex will continue operating under its existing name.

Meritus is a portfolio company of AEA Investors, which the release describes as managing about $19 billion in assets. The value of the transaction was not disclosed.