Announced
Completed
Synopsis
Archrock, an energy infrastructure company, completed the acquisition of Total Operations and Production Services, a contract gas compression services provider, from Apollo, a global alternative asset manager, for $983m. “We are excited to welcome the TOPS employees to Archrock and work together to expand our exceptional service to new and existing customers and create significant shareholder value. Given our high-quality contracted fleet, technical expertise and an industry-leading balance sheet, we are confident Archrock is poised to capitalize on the attractive opportunities presented by today’s robust market for natural gas and compression, while increasing returns to our shareholders," Brad Childers, Archrock President and CEO.
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