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Oil & Gas Equipment & Services M&A image Oil & Gas Equipment & Services M&A » By The Online Investor Staff, updated Thu., May. 6, 6:21 PM Recent mergers and acquisitions in the Oil & Gas Equipment & Services M&A category.

Slide #62. USA Compression Compression Assets from S&R Compression

Acquirer: USA Compression (NYSE:USAC)
Acquiree: Compression Assets from S&R Compression
Details: USA Compression Partners, LP (NYSE:USAC) ("USA Compression", "USAC", or "the Partnership") today announced that it had entered into a definitive agreement to acquire approximately $187 million of compression assets owned by S&R Compression, LLC ("S&R"), a Tulsa-based company majority owned and controlled by Argonaut Private Equity, an affiliate of George B. Kaiser. In exchange for the contribution of assets, the Kaiser affiliate will receive USAC common units representing 20% of the pro forma limited partner interest in USAC. USAC expects this transaction to be immediately accretive to distributable cash flow.

USA Compression Partners is engaged as a provider of natural gas compression services mainly in connection with infrastructure applications, including both allowing for the processing and transportation of natural gas through the domestic pipeline system and improving crude oil production through artificial lift processes. As such, Co.'s compression services play a role in the production, processing and transportation of natural gas and crude oil. Co. provides compression services in a number of shale plays throughout the United States. As part of its services, Co. engineers, designs, operates, services and repairs its compression units and maintains related support inventory and equipment.

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Company Name: 
USA Compression Partners LP
Oil & Gas Equipment & Services
Number of ETFs Holding USAC: 
Total Market Value Held by ETFs: 
Total Market Capitalization: 
% of Market Cap. Held by ETFs: 

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Hold (2.50 out of 4)
11st percentile
(ranked lower than approx. 89% of all stocks covered)

Analysts' Target Price:
USAC Stock Forecast

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Oil & Gas Equipment & Services M&A - Slide 62 of 100 Page |

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