Firms, funds, people, portfolio companies and transactions from sworn filings and cited announcements, kept as a graph with a date and a source on every edge. Reported gross assets are never fund size, regulatory AUM is never dry powder, and a deal value prints only when someone disclosed it.

Transactions / MagneGas Welding Supply – South, LLC

Meritus Gas Partners Acquires MagneGas

Add-on acquisitionclosedadd-onannounced Feb 11, 2023closed Feb 11, 2023Fact
What happened
Platform
Meritus Gas Partnersadd-on basis: Meritus Gas Partners (“Meritus”), a portfolio company of AEA Investors’ Small Business Private Equity team, announced today that it has closed the acquisition of substantially all assets of MagneGas Welding Supply – South, LLC (“MagneGas”).
Control
Control
Share acquired
unknown
Industry
unknown
Target location
unknown
Seller kind
unknown
Rollover
unknown
Values, only where disclosed
Enterprise value
Not disclosed
Purchase price
Not disclosed
Equity value
Not disclosed
Target revenue
Not disclosed
Target EBITDA
Not disclosed
Multiple
Not disclosed
Parties and roles
4 named
Buy side
  • Meritus Gas PartnersPlatformconfirmed
    Meritus Gas Partners (“Meritus”), a portfolio company of AEA Investors’ Small Business Private Equity team, announced today that it has closed the acquisition of substantially all assets of MagneGas Welding Supply – South, LLC (“MagneGas”).
  • AEA EnterpriseSponsorconfirmed
    Meritus Gas Partners (“Meritus”), a portfolio company of AEA Investors’ Small Business Private Equity team, announced today that it has closed the acquisition of substantially all assets of MagneGas Welding Supply – South, LLC (“MagneGas”).
Sell side
  • Taronis Fuels, Inc.Sellerconfirmed
    The purchase was completed through a Section 363 Sale process resulting from MagneGas and its parent, Taronis Fuels, Inc. (“Taronis”), filing Chapter 11.
Side not stated
  • Meritus Gas Partners (“Meritus”), a portfolio company of AEA Investors’ Small Business Private Equity team, announced today that it has closed the acquisition of substantially all assets of MagneGas Welding Supply – South, LLC (“MagneGas”).
Evidence
Meritus Gas Partners (“Meritus”), a portfolio company of AEA Investors’ Small Business Private Equity team, announced today that it has closed the acquisition of substantially all assets of MagneGas Welding Supply – South, LLC (“MagneGas”).
Meritus Gas Partners Acquires MagneGas | Private Equity Intelligence | DFX