Meritum Energy Holdings, LP

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Meritum Energy Holdings, LP - overview

Established

2015

Location

San Antonio, TX, US

Primary Industry

Oil & Gas

About

Meritum Energy Holdings is a provider of fuels and lubricants, catering to various industries across the US, ensuring energy solutions meet operational needs and compliance standards. Meritum Energy Holdings, founded in 2015, focuses on fuel supply and lubricants, primarily serving the Southwestern and Eastern United States. The company has engaged in one deal, with its most recent deal occurring on November 30, 2024, when it underwent a RECAPITALISATION for USD 110. 00 mn by Tejas Investment Partners.


The founder's history includes relevant experience, although specific previous ventures are not detailed. Meritum Energy Holdings offers a diverse range of products primarily focused on fuel and lubricants, including propane, diesel, gasoline, liquefied natural gas (LNG), and compressed natural gas (CNG). The company also provides aviation fuels, biofuels, butane, diesel exhaust fluid, kerosene, propane autogas, along with a comprehensive line of motor oils, hydraulic oils, and food-grade lubricants. Its services are tailored to sectors such as transportation, agriculture, manufacturing, and retail, ensuring compliance with environmental standards while supporting efficient operations.


Meritum Energy Holdings generates revenue through a robust sales and logistics model that facilitates transactions with various customers, including businesses and government entities. The company engages in B2B transactions, providing wholesale fuel supply to retailers and direct services to end-users, with key offerings such as propane and diesel central to their revenue streams, structured around negotiated pricing based on volume and delivery logistics. Meritum Energy Holdings plans to utilize its most recent recapitalization of USD 110. 00 mn to pursue strategic acquisitions and support its organic sales growth efforts.


The company aims to expand into high-value fuel markets, including compressed natural gas and distributed power, with a focus on launching new products designed to meet evolving market demands. Specific geographic regions targeted for expansion will be determined as part of its ongoing strategic planning.


Current Investors

Tejas Investment Partners

Primary Industry

Oil & Gas

Sub Industries

Oil & Gas Transportation, Petroleum Wholesale Distribution

Website

www.meritumenergy.com

Company Stage

Mature

Total Amount Raised

Subscriber access only

Meritum Energy Holdings, LP - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
RecapitalisationCompletedMeritum Energy Holdings, LP-

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