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Meritus Acquires MagneGas Welding Supply

The sale resulted from MagneGas and its parent filing Chapter 11.

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AEA-Backed Meritus Purchases MagneGas

The deal relates to MagneGas' business in Texas, Louisiana and Indiana and include 7 retail locations and a fill plant and gas laboratory in the DFW area.

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Meritus Gas Partners acquires MagneGas Assets in the US

Packed gas distribution platform Meritus Gas Partners has acquired the assets of MagneGas Welding Supply – South, LLC.

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Meritus Gas Partners Acquires MagneGas Assets in Texas, Louisiana and Indiana

Meritus Gas Partners Acquires MagneGas Assets in Texas, Louisiana and Indiana
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Meritus Gas Partners Acquires MagneGas Assets in Texas, Louisiana and Indiana

/PRNewswire/ Meritus Gas Partners ("Meritus"), a portfolio company of AEA Investors Small Business Private Equity team, announced today that it has closed.

New yorkUnited statesFort worthCity ofUnited kingdomSan franciscoRob dalessandroErik carlsonRodney wrayJered ruyleJon keehnerWilkinson brimmer katcherJoele frankSg warburg coMitchell welding supplyTaronis fuels inc