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General Compression

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Advanced compressed air energy storage technology that produces low-cost, dispatchable clean power

Newton, United StatesFounded 2006Energy
Valuation $100–500M Latest valuation · 2011
Headcount <100 Current team size
Total funding $50–100M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for General Compression and the history behind them.

About General Compression

General Compression Ltd (GCL) is a New Zealand-owned and operated company established on September 2, 2014, to address a gap in the national compressed air market. The company's active directors include Michael John Lenihan and Mark Elliot Readman, who have served since March 2015, and Graeme Cameron Brickell, appointed in February 2024. GCL has positioned itself as a key player by providing world-class products and extensive field services.

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The firm operates as the sole New Zealand distributor for a suite of internationally recognized brands, including CompAir, Gardner Denver, Ingersoll Rand, Belliss and Morcom, and Reavell, which all fall under the global industrial group Ingersoll Rand Industrial. This exclusive partnership allows GCL to offer a comprehensive range of products, from rotary screw, piston, and centrifugal compressors to both oil-free and oil-lubricated solutions. The company also supplies portable compressors, air dryers, and nitrogen generators. This diverse product line enables GCL to serve a wide variety of sectors, including industrial manufacturing, geothermal, aquaculture, oil and gas, infrastructure, healthcare, and technology.

GCL's business model centers on the sale, hire, and servicing of compressed air and gas equipment. Revenue is generated through equipment sales and a robust service offering that includes field service, on-site repairs, and full overhauls, available 24/7, 365 days a year. The company has undergone significant expansion since its inception, growing into a national provider with sixteen branches located throughout New Zealand, from Whangārei to Invercargill. This extensive network allows for direct support and a high level of responsiveness to a customer base that ranges from small local businesses to some of New Zealand's largest corporations.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2006
Headquarters
Newton, United States
Employees
42
Open positions
None listed
Dealroom signal
55.3/100
Industry
Energy
Sub-industry
Energy Storage
Sector
Energy, Compression, Generator, Sustainable Development Goals, Climate Tech, Stationary Energy Storage, Hard Tech
Client focus
b2b

Latest news

Press, funding announcements and product moves mentioning General Compression.

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Funding history

4 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
DEBTDebt Sep 2011 $6M Undisclosed
SERIES BOther financing Jun 2011 $34M $136M US Renewables Group · Duke Energy Corporation · Northwater Capital
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Growth signals

General Compression website traffic

Latest recorded traffic for General Compression is 750 monthly website visits, down 84.7% over the last three months. General Compression's team grew 23.5% over the past year.

Latest monthly visits750 3-month web change-84.7% 1-year team growth+23.5%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investors

3 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A3 investors entered at this stage

  • US Renewables Group
  • Duke Energy Corporation
  • Northwater Capital
Team profiled 4 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
1 countries with
team presence
🇳🇿 New Zealand100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about General Compression on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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