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Falcon Gases Secures Odyssey Majority Investment, Acquires Encore Gas & Supply

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Falcon Gases, a packaged gas distribution platform, secured a strategic majority investment from Odyssey Investment Partners and acquired Encore Gas & Supply, a Southern California-based independent gas and welding supply distributor, the company said in a Wednesday statement.

Falcon, founded in late 2025, said the investment and acquisition will support its strategy to build a large-scale independent packaged gas distribution platform through organic growth and acquisitions. Financial terms of the transactions were not disclosed.

Encore operates three locations in Southern California and supplies packaged gases, microbulk, welding products and technical services.

Pete Jeffe, Falcon's chief executive, said the transactions provide a foundation for the company's expansion and M&A strategy, while bringing together Odyssey's industrial investment experience with Encore's operating capabilities.

Falcon described Encore as its initial investment and said it plans to pursue additional partnerships with owners and managers as it expands its packaged gas distribution platform.

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