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New Deal


Announced

Completed

Warburg Pincus completed the investment in Service Compression.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Domestic

Acquisition

Minority

Private

Completed

Friendly

United States

oil and gas

natural gas compression

Integrated Oil and Gas

Private Equity

Single Bidder

Synopsis

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Warburg Pincus, a private equity firm, completed the investment in Service Compression, a provider of natural gas compression services for exploration and production companies. Financial terms were not disclosed. The Company plans to use net proceeds from the combined transactions to repay outstanding borrowings on its existing credit facility with funds managed by Crestline Investors, Inc. and its affiliates and for growth of the Company, including its equipment fleet, as well as working capital support.

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