ETOX, Inc.

Leaders advises ETOX on the sale of its assets and business to Matheson Tri-Gas
December 23, 2009

Leaders advises ETOX on the sale of its assets and business to Matheson Tri-Gas

Leaders LLC represented ETOX, Inc. (Tyler, Texas) in the successful sale of its assets and business to Matheson Tri-Gas (Basking Ridge, New Jersey).  In connection with the transaction, Matheson also acquired Gastech LLC (Texarkana, Texas), a wholly owned subsidiary of ETOX.   The transactions add 14 branch locations to the Matheson Tri-Gas network.

Commenting on Leaders’ role in the transaction, Frank Barker, President of ETOX, said, “Brian Deveaux and the team at Leaders guided us through the sale process so that we knew what to expect at each stage of the process.  They were two steps ahead of the game at all times which  allowed the ETOX management team to remain focused on running the business while at the same time completing a successful sale.”

Jim Hedrick, managing partner at Potter Minton P.C., who served as legal advisor to ETOX in connection with the transaction commented, “In my 25+ years of practicing corporate law, Leaders LLC is one of the most professional and competent M&A advisors that I have ever worked with.”