SCF Partners invests in Phoenix Service Partners to enhance its position as a leader in low-emission natural gas compression solutions.

Information on the Target

Founded in 2024 by seasoned industry professionals Randy Dean (CEO) and Rick Childress (COO), Phoenix Service Partners (Phoenix) is a service company that specializes in high-horsepower, low-emission natural gas compression. The leadership team previously established two highly successful contract compression firms, CDM Resource Management and Pegasus Optimization Managers. By partnering with SCF Partners, Phoenix is positioned to leverage both financial and strategic support, enabling its growth into a leading entity within its industry.

Providing high-horsepower compression solutions to esteemed clients, Phoenix plays a vital role in supporting the energy infrastructure within the Permian and Eagle Ford basins. The company's commitment to employing next-generation equipment and advanced operational technologies allows for exceptional runtimes, while simultaneously reducing methane emissions by over 50% relative to traditional compression fleets.

Industry Overview in the Target’s Specific Country

The natural gas compression sector in the United States, particularly in regions such as Texas, continues to experience robust growth driven by the rising demand for cleaner energy sources. As the nation shifts towards more sustainable e