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Transactions / Tulsa Gas & Gear LLC

Meritus Gas Partners Welcomes Tulsa Gas Gear

Add-on acquisitionannouncedadd-onannounced Nov 18, 2021Fact
What happened
Platform
Meritus Gas Partnersadd-on basis: TGG represents the fifth partner company to join the Meritus family of independent industrial gas distributors and the third this year.
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
3 named
Buy side
  • Meritus Gas PartnersPlatformconfirmed
    TGG represents the fifth partner company to join the Meritus family of independent industrial gas distributors and the third this year.
  • AEA EnterpriseSponsorconfirmed
    In December 2020, AEA Investors LP, a leading global investment firm with $15 billion assets under management and a 50+ year legacy of partnering with leading middle market companies to accelerate growth, formed Meritus via partnerships with Willingham Welding Solutions, Inc. (d/b/a Gas Innovations)
Side not stated
  • Tulsa Gas & Gear LLCTargetconfirmed
    Meritus Gas Partners (“Meritus”) announced today that it entered into a partnership with Tulsa Gas & Gear LLC (“TGG”), headquartered in Tulsa, Oklahoma.
Evidence
Meritus Gas Partners (“Meritus”) announced today that it entered into a partnership with Tulsa Gas & Gear LLC (“TGG”), headquartered in Tulsa, Oklahoma.
Meritus Gas Partners Welcomes Tulsa Gas Gear | Private Equity Intelligence | DFX