Enerflex completed the acquisition of Mesa Compression for $106m.

Enerflex, a supplier of natural gas compression, oil and gas processing, refrigeration systems, and electric power equipment, completed its acquisition of Mesa Compression, a contract compression business, for $106m. “This acquisition provides Enerflex with an established and growing contract compression platform in the USA with attractive margins and recurring revenue. It accelerates our ability to deliver full-cycle contract services in the region and provides Enerflex with increased coverage in the Permian and Scoop/Stack basinsю The strategic fit between both organizations, the talented resources, as well as the growth opportunities will enhance the Company’s position in the contract compression business,” J. Blair Goertzen, Enerflex President and Chief Executive Officer.