By Generational EquityApr 3, 2018, 23:00 et
Generational Equity, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, Carbonic Systems, to Airgas Inc. The acquisition closed August 22, 2017.
Carbonic Systems, based in Grand Rapids, Michigan, is a family-owned regional distributor of beverage grade carbon dioxide (CO2) and food grade nitrogen, beer gas, and oxygen. The company also leases bulk CO2 systems, cylinders, nitrogen generators, gas blenders, and CO2 monitors and alarms.
They are the leader in beverage gas in Michigan, providing leading-edge technology and service to its customers. The management team remains in place and Carbonic continues to operate as a local company.
Airgas supplies industrial, medical and speciality gases, plus welding equipment and related products. The company distributes atmospheric gases, including nitrogen, oxygen, and argon, as well as helium, hydrogen, welding and fuel gases, such as acetylene, propylene, and propane.
Airgas also provides carbon dioxide, nitrous oxide, ultra-high purity grades of various gases, special application blends, and process chemicals. It rents gas cylinders, cryogenic liquid containers, bulk storage tanks, tube trailers, plus welding-related and other equipment. The company additionally provides welding consumables, equipment and related safety products.
“Carbonic Systems’ distribution network provided a strong strategic opportunity for Airgas,” said Zweifel. “Airgas will now be able to provide additional opportunities to an already established regional network.”
About Generational Equity
Generational Equity, DealForce and Generational Capital Markets, member FINRA/SIPC, are part of the Generational Group, which is headquartered in Dallas and is one of the leading M&A advisory firms in North America.
With over 250 professionals located throughout North America, the companies help business owners release the wealth of their business by providing merger, acquisition and strategic growth advisory services.
Their four-step approach features exit planning education, business valuation, value enhancement strategies, and M&A transactional services.
The process was much more involved than I expected and your help, experience and advice was a big factor in making the negotiations go as smoothly as possible.Terry D. Wickman, President, Keytroller
Dear Chris and Andre, I just wanted to say thanks for all your help. Even though this process was not an easy one, it was comforting to know that I had a capable team standing beside me. You made me feel like we were almost your only client or at least the most important one. Thanks again, and I will recommend your service in the future.Shenille Engelhart, Owner – CLS Technology
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We thank you Eric and Generational Equity making our dream come true.Larry Moore, Owner, A Company Portable Restrooms
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I quickly recognized that Don was working for Sharpe Mixers above all else, and held our interests above others.Jay Dinnison, Owner of Sharpe Mixers
I would like to thank you and your firm, Generational Equity, for being our valued advisors in our journey.Bil MacLeslie, CEO, ipHouse
We will highly recommend Generational Equity and Musa Jagne to any business owner about to embark on the same process.Karen S. Williams, CFO, BW Manufacturing
Greetings Mike. Thank you for the captivating and compelling presentation you made at the Phoenix presentation last week. Over many years in business yours was the most informative and well-presented presentation, on any subject, that I have ever attended! Your energy and enthusiasm combined with your concise and captivating support of your positions with easily understood examples and data was compelling.Pete L.
Generational Equity’s assistance was invaluable in compiling and marketing our business.Bil MacLeslie, CEO, ipHouse
Generational Equity educated and informed us – so that we could be on the upside of a good decision (to sell).Bil MacLeslie, CEO, ipHouse
Your wisdom and experience were invaluable to me during this once-in-a-lifetime transaction.Ralph Noblin, President of Noblin & Associates
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The help you provided us during each step of this process made us feel very comfortable and confident we were selecting the right approach to transition our Company.Andy Graham, Vice President, Modern Heating & Plumbing
I wanted to write you a quick letter to express our appreciation and our delight on the outcome of helping us through the process of our recent sale. We are very happy with the end result, and are very happy to be able to move forward with all of our future growth plans.Terry D. Wickman, President, Keytroller
We are very happy with the end result, and are very happy to be able to move forward with all of our future growth plans.Rick Nowak, President/CEO, Kurz Electric Solutions, Inc.
I must say that I have never worked with a more driven, competent and focused individual as Don Ho.Jay Dinnison, Owner of Sharpe Mixers
Michael worked tirelessly, He followed every lead meticulously and urgently to make sure nothing was missed.Robert Evans, President and CEO of Mealtracker Dietary Software
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