Leaders advises Aimtek on the sale of its industrial gas business to Praxair Distribution
Leaders LLC represented Aimtek, Inc. (Auburn, Massachusetts) in the sale of its industrial gas business to Praxair Distribution, Inc. (Danbury, Connecticut). Leaders was retained by Aimtek in January 2012 to assist the company in the divestiture of its industrial gas distribution and welding supplies business. The Company wanted to sell this portion of its business operations to allow it to focus on growing its other lines of business, which include value-added filler metals, resistance welding and brazing equipment, brazing alloys and brazing chemical aids. The transaction with Praxair was the successful culmination of this effort.
Commenting on Leaders’ role in the transaction, Jay Kapur, a shareholder and General Manager of Aimtek said, “We were very impressed with your [Leaders] hard work and professionalism, and we were all thankful that we chose Leaders as our M&A advisor. Brian Deveaux’s extensive knowledge of accounting and legal principles provided additional value to the M&A services provided by Leaders.” Amar Kapur, who founded Aimtek almost 40 years ago with his wife Ani, added, “We especially appreciated Leaders attention to detail throughout the transaction process.”
Leaders LLC provides merger and acquisition advisory services to businesses in a variety of industries throughout the United States and globally. Leaders represents private business owners on purchases and sales of businesses, recapitalizations, management and shareholder buyouts, and a variety of other restructuring transactions. For additional information about Leaders LLC or this transaction, contact Brian Deveaux at 888-583-7770 ext. 3 or BDeveaux@Leaders-LLC.com.