Denver private equity firm Lion Equity Partners has acquired Warren Equipment Co.’s Global Compression Services. (Source: Shutterstock, Lion Equity Partners)
Denver private equity firm Lion Equity Partners has acquired Warren Equipment Co.’s Global Compression Services (GCS), a global distributor of OEM and aftermarket parts and components for reciprocating natural gas engines and compressors, according to a Jan. 9 press release.
Financial terms of the transaction were not disclosed.
GCS, based in Midland, Texas, also manufactures specific components and delivers a variety of services tailored to the natural gas sector.
Ari Silverman, co-founder and partner of Lion Equity Partners, said GCS has built an “exceptional reputation in the natural gas industry, recognized for its quality and commitment to customer satisfaction. We’re excited to partner with the GCS team as they continue to expand their offerings and drive growth within this critical sector.”
Anthony Speer, CEO of GCS, said Lion Equity’s expertise and resources will help strengthen the company’s market standing.
“Together, we will be able to pursue new growth opportunities that will allow us to better service our customers and position GCS for long-term success,” Speer said.
Recommended Reading
Shale Outlook Uinta: Horizontal Boom to Continue in 2025
2025-01-11 - After two large-scale transactions by SM Energy and Ovintiv, the Uinta Basin is ready for development—and stacked pay exploration.
Kimmeridge Texas Gas Prices $500MM in Senior Notes Offering
2025-01-09 - Kimmeridge Texas Gas said the senior unsecured notes will be used to repay a portion of outstanding revolver borrowings and support the buildout of the company.
Ameren’s Huck Finn Solar Project Begins Commercial Operations
2025-01-09 - Ameren Missouri’s Huck Finn Renewable Energy Center commenced solar operations in December to service Audrain and Ralls counties, Missouri.
Origis Completes $415MM Funding for Texas Solar Project
2025-01-09 - Origis Energy’s Swift Air Solar project, which is currently under construction, will enter commercial production in mid-2025.
New York to Fine Fossil Fuel Companies $75B Under New Climate Law
2024-12-26 - New York state will fine fossil fuel companies a total of $75 billion over the next 25 years to pay for damage caused to the climate.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.