Kodiak Gas completed the acquisition of CSI Compressco from Spartan Energy and Merced Capital for $854m.

Kodiak Gas, a contract compression company, completed the acquisition of CSI Compressco, a provider of compression services and equipment for natural gas and oil production, from Spartan Energy, a commercial electricity firm, and Merced Capital, an investment firm, for $854m. "We are excited to complete this transaction and welcome the talented CSI Compressco team to Kodiak. This transaction allows us to increase the scale and scope of our service offerings to our customers, further expanding our industry-leading footprint in key operating areas such as the Permian Basin and Eagle Ford Shale," Mickey McKee, Kodiak Founder and CEO.