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Service Compression LLC logo — company profile

Service Compression LLC

Founded 2003 United States Lubbock, United States 65 employees Debt Financing Total: $215.00M Oil and Gas

General Information

Company Name Service Compression LLC
Founded Year 2003
Location United States Lubbock, United States
Employees 65
Industries Oil and Gas
Funding Stage Debt Financing
Social

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About Service Compression LLC

Service Compression LLC is a rental compression company based out of Lubbock, Texas with locations and mechanics throughout Arkansas, Oklahoma, New Mexico and Texas. Established in 2003, the company operates within the Oil and Gas industry, with its headquarters in the United States.

The company recently secured a Private Equity Round investment on 17 January 2024 from Warburg Pincus. This investment signifies a significant milestone for Service Compression LLC, enabling it to further expand its operations and solidify its position in the market.

This investment is strategically aligned with the continued growth and development of Service Compression LLC, demonstrating the confidence that Warburg Pincus has in the company's business model and future prospects within the Oil and Gas sector. As the company continues to establish itself as a leader in rental compression services, this recent investment is poised to fuel its trajectory toward sustained success and expansion.

Business keywords: rental compression, oil and gas industry, equipment rental, mechanic services, Texas-based company, Arkansas operations, Oklahoma operations, New Mexico operations, equipment maintenance, compressor rental, industrial machinery, regional operations, rental industry, equipment servicing, regional mechanics

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Private Equity Round Undisclosed 1
Warburg Pincus
Warburg Pincus
17 Jan 2024
Debt Financing $215.00M 1
Crestline
17 May 2022

Service Compression LLC Alternatives & Competitors

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Service Compression LLC vs
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FAQ About Service Compression LLC

Service Compression LLC is a rental compression company based out of Lubbock, Texas with locations and mechanics throughout Arkansas, Oklahoma, New Mexico and Texas.
Service Compression LLC was founded in 2003.
Service Compression LLC is headquartered in Lubbock, United States.
Service Compression LLC operates in Oil and Gas. Its work centres on rental compression, oil and gas industry, equipment rental and mechanic services.
Service Compression LLC has approximately 65 employees.
Service Compression LLC has completed 2 funding rounds, raising a total of $215.00M. The latest funding stage is Debt Financing.
Top alternatives and competitors to Service Compression LLC include Citizen Energy, Globe Energy Services LLC, Contango Resources, Rio Grande E&P, Chase Energy Services. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Service Compression LLC and Citizen Energy are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Service Compression LLC, https://bouncewatch.com/company/service-compression-llc, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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