Announced
Synopsis
Archrock, an energy infrastructure company, agreed to acquire Total Operations and Production Services, a contract gas compression services provider, from Apollo, a global alternative asset manager, for $983m. “We are excited to join together with Archrock during an important time for our company and our industry. TOPS’ horsepower is contracted with blue-chip customers in the Permian Basin, making the addition of our electric motor business highly strategic and complementary for Archrock. We look forward to joining the Archrock team and working together to serve more customers across the country while driving continued growth and value creation,” Brian Green, TOPS CEO.
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