DFX Intelligence
Private Equity Intelligence
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 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 (“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
- “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”).”
Press release wires (PR Newswire, GlobeNewswire, Business Wire public pages and RSS)confidence 80%recorded Sep 14, 2026