Lion Equity Partners has acquired Global Compression Services from Warren Equipment Company, a Texas-based provider of heavy equipment and support services.
Global Compression Services (GCS) is a distributor of original equipment manufacturer (OEM) and aftermarket parts and components for reciprocating natural gas engines and compressors. The company also manufactures specific components and provides a range of specialized services, including technical support, consultation, repair, and maintenance.
GCS’ parts and components include pistons and rings, cylinder heads, valves, gaskets and seals, bearings, filters, and lubrication systems. The GCS customer base includes natural gas producers, midstream operators, and service companies that require parts, components, and technical expertise to maintain and operate their compression equipment. GCS, led by CEO Anthony Speer, is headquartered in Midland, Texas.
“At GCS, we’ve always focused on delivering high-quality products and services that meet the evolving needs of our customers,” said Mr. Speer. “This partnership with Lion Equity is an exciting step forward, as their expertise and resources will help us strengthen our place in the market. Together, we will be able to pursue new growth opportunities that will allow us to better serve our customers and position GCS for long-term success.”
Warren Equipment, headquartered in Midland, Texas, is a manufacturer and distributor of heavy equipment—natural gas and diesel engines, generators, pumps, and valves—used in the natural gas and oil sectors. The company was founded in 1971 by Johnny Warren and remains under family ownership and management.
“GCS has built an exceptional reputation in the natural gas industry, recognized for its quality and commitment to customer satisfaction,” said Ari Silverman, a co-founder and partner at Lion Equity. “We’re excited to partner with the GCS team as they continue to expand their offerings and drive growth within this critical sector.”
Denver-based Lion Equity makes control investments in North American-based corporate carve-outs and special situations, including businesses experiencing financial, operational, or industry-driven challenges. Typical targets will have revenues between $30 million and $300 million and EBITDA up to $15 million. Lion Equity invests across a wide range of sectors and is effectively industry-agnostic.
© 2025 Private Equity Professional | January 16, 2025
Harbour Group has acquired Senproco and its wholesale distribution division, Groomer’s Choice Pet Products.
“Dan and his team have built an outstanding business,” said Jeff Fox, the chairman and CEO of Harbour Group. “With their innovative product lines and exceptional service, they have proven themselves to be the provider of choice to thousands of professional groomers. We are thrilled that Dan chose to partner with us and look forward to putting our strategic and operational expertise to work alongside the Senproco team.”
“We are honored to be entering into our first transaction with Harbour Group, a firm with a long and distinguished history,” said Tim Clifford, the CEO and co-founder of Abacus.
Argosy Healthcare Partners (AHP), a private equity firm focused exclusively on the healthcare sector, has promoted Greg Mayer to Partner. Mr. Mayer joined AHP in January 2022 to establish and lead the firm’s portfolio support group.
Earlier in his career, Mr. Mayer spent six years as an Armor Officer in the United States Marine Corps. He has his undergraduate degree from the University of Maryland and his MBA from the University of North Carolina.
Mountaingate Capital has held an above-target, oversubscribed, and hard cap close of its third lower-middle-market private equity fund, Mountaingate Capital Fund III LP with $570 million in capital commitments. Mountaingate raised the new fund in just under three months.
“We are grateful for the tremendous support from both our existing and new investors, which enabled us to complete such an efficient fundraise,” said Bennett Thompson, a co-founder and managing director at Mountaingate. “The successful closing of Fund III allows Mountaingate to continue focusing on our disciplined investment process, backing founders and entrepreneurs to drive transformational growth.”
In September 2024, Mountaingate completed the sale of Mars United Commerce, a Michigan-based, tech-enabled, and analytics-driven marketing services platform, to Publicis Groupe. Mountaingate had initially partnered with Mars and its leadership team—Founder and Chairman Ken Barnett and CEO Rob Rivenburgh—in 2021, when the company employed approximately 450 individuals. By the time of the sale, Mars had grown to a workforce of over 1,000 employees.