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Lion Equity Partners acquired Global Compression Services, a Midland, Texas provider of OEM and aftermarket parts for reciprocating natural gas engines and compressors. The seller was Warren Equipment Company and no financial terms were disclosed.
Global Compression Services opened a new 5,000 sq ft machine shop in Washington, Pennsylvania, in the Marcellus Shale region to repair and machine natural gas compressor parts. It is part of the company's planned expansion into the Marcellus and Utica market.
Four gas compressor parts and services companies, H&S Valve, Ignition System and Control (ISC), Global Compressor and Potemkin Industries, combined to form Global Compression Services, operating from 11 locations serving US shale plays.
Denver-based private equity firm Lion Equity Partners acquired Global Compression Services from Warren Equipment Company, a Midland, Texas provider of heavy equipment. The deal was announced December 31, 2024.
Global Compression Services opened a new 14,000-square-foot facility in Bloomfield, New Mexico, to serve customers across the San Juan Basin and replace its Farmington site. The announcement is dated June 5, 2025.
