One-Page Deal Sheet
USA Compression Seals Deal for S&R Compression Assets
USA Compression Partners Lp S&r Compression Llc
Announced Date
August 13,2013
Close Date
August 30,2013
Transaction Type
Asset
Transaction Details: Subscribe to see
Closing Announcement - August 30, 2013
USA Compression Partners LP has closed the previously announced acquisition of compression assets owned by S&R Compression, LLC, a Tulsa-based company majority owned and controlled by Argonaut Private Equity, an affiliate of George B. Kaiser.
Located primarily in Texas and Oklahoma, the assets being acquired are primarily utilized in connection with crude oil production. In addition to the 983 compression units acquired as of the transaction effective date of June 30, 2013, USAC is also acquiring 66 newly built compression units fabricated between July…