Graycliff Partners Announces Credit Investment in Global Compression Services
Graycliff Partners LP announced it has completed a subordinated debt and equity co-investment in support of Lion Equity Partners' acquisition of Global Compression Services, a wholly owned subsidiary of Warren Equipment Company. Lion Equity Partners is a Denver-based private equity firm focused on acquiring corporate carve-outs.
Headquartered in Midland, TX, Global Compression Services is a leading distributor of OEM and aftermarket parts and components for reciprocating natural gas engines and compressors. The company also manufactures specific components and delivers various services tailored to the natural gas sector.
“We are excited to partner with Lion Equity and the GCS team on this transaction, and we look forward to supporting the continued growth of the business, now as a standalone operation,” said Frank Cacace, Managing Director, Graycliff Partners.