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Archrock $607 million acquisition of Archrock Partners

9/1/2018
Public acquisition
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$ 607 million

Announced

9/1/2018

Overview:

  • Archrock has acquired Archrock Partners for $607 million.
  • The company will take over all outstanding common shares.
  • Following the acquisition, Archrock will have an enterprise value of nearly $2.8 billion. 
  • Citi acted as financial adviser to Archrock, while Evercore Group represented the Archrock Partners conflicts committee.

Katrin Kostadinova - Data analyst

Jurisdiction:

United States

Deal type:

Public acquisition

Practice area:

M&A

Governing law:

United States

Industry sector:

Oil and gas

Firms:
Akin Gump Strauss Hauer & Feld

Party: Archrock Partners (Target)

Lawyers: John Goodgame, Lisa Hearn

Bracewell

Party: Evercore (Financial adviser)

Lawyer: William Anderson

Latham & Watkins

Party: Archrock (Acquirer)

Morris Nichols Arsht & Tunnell

Party: Archrock Partners (Target)

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