Odyssey Investment Partners has secured an undisclosed majority investment in Falcon Gases, a packaged gas growth platform founded in late 2025. Falcon is led by industry veterans with experience in industrial gases and private equity buy-and-build strategies. As part of its growth strategy, Falcon acquired Encore Gas & Supply, a West Coast independent gas and welding supply distributor operating three Southern California locations.

Encore provides packaged gases, microbulk, welding supplies and technical services, and has grown from a 2014 startup into a leading regional supplier. Odyssey will work with Falcon’s management team to accelerate growth and M&A expansion in the packaged gas sector. Henry Bendit, managing principal at Odyssey Investment Partners, noted the firm’s 25-year history investing in industrial distribution will support the combined company’s strategy.

Odyssey specializes in majority-controlled investments in industrial and business services sectors.