Announced
Completed
Synopsis
Archrock, a provider of natural gas contract compression services to customers in the oil and natural gas industry, completed the acquisition of Natural Gas Compression Systems, a high-quality provider of contract gas compression services, for $357m. “We are pleased to complete our acquisition of NGCS and welcome its highly talented team of employees to Archrock. This accretive transaction is expected to increase our scale, expand our customer relationships, deepen our operations in key regions, and strengthen our position as a premier provider of natural gas compression services in the United States. We are confident Archrock is poised for continued growth and value creation as we power a cleaner America.” Brad Childers, Archrock President and Chief Executive Officer.
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