M&A Deal Summary

USA Compression Acquires S&R Compression

On August 13, 2013, USA Compression acquired energy services and equipment company S&R Compression from Argonaut Private Equity for 187M USD

Acquisition Highlights
  • This is USA Compression’s 1st transaction in the Energy Services and Equipment sector.
  • This is USA Compression’s 2nd largest (disclosed) transaction.
  • This is USA Compression’s 1st transaction in the United States.
  • This is USA Compression’s 1st transaction in Oklahoma.

M&A Deal Summary

Date 2013-08-13
Target S&R Compression
Sector Energy Services and Equipment
Buyer(s) USA Compression
Sellers(s) Argonaut Private Equity
Deal Type Add-on Acquisition
Deal Value 187M USD

Target

S&R Compression

Tulsa, Oklahoma, United States
S&R Compression is a premier fabricator of compression and vapor recovery packages used in the oil and gas industry. S&R is dedicated to fabricating a consistently reliable unit with outstanding run times and performance. Our difference is in the details. We analyze your specific requirements and match you with the optimal equipment for your application — cutting waste and boosting output. Our devotion is to giving our customers the best.

Search 200,197 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

USA Compression

Austin, Texas, United States

Category Company
Founded 1998
Sector Energy Services and Equipment
Employees822
Revenue 846M USD (2023)
DESCRIPTION

USA Compression is a third-party provider of compression services to customers across the oil & gas industry. USA Compression is one of the nation’s largest independent providers of compression services in terms of total compression fleet horsepower. USA Compression was founded in 1998 and is based in Austin, Texas.


DEAL STATS #
Overall 1 of 2
Sector (Energy Services and Equipment) 1 of 2
Type (Add-on Acquisition) 1 of 1
State (Oklahoma) 1 of 1
Country (United States) 1 of 2
Year (2013) 1 of 1
Size (of disclosed) 2 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-16 Energy Transfer Partners - Compression Business

Dallas, Texas, United States

Energy Transfer Partners LP - Compression Business includes CDM Resource Management LLC and CDM Environmental & Technical Services LLC (collectively, “CDM”).

Buy $1.8B

Seller(S) 1

SELLER

Argonaut Private Equity

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2002
PE ASSETS 2.0B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Argonaut Private Equity is a private equity firm focused on control investments in entrepreneur and family-owned businesses headquartered in the middle region of the US. The Firm seeks industrial oriented manufacturing, distribution, and service companies with revenue between $20 and $300 million and EBITDA between $5 and $50 million. Argonaut typically commits $15 to $100 million per transaction to support buy-outs, distressed and special situations, growth needs, and divestitures. Argonaut Private Equity was founded in 2002 and is based in Tulsa, Oklahoma.


DEAL STATS #
Overall 4 of 11
Sector (Energy Services and Equipment) 1 of 1
Type (Add-on Acquisition) 3 of 6
State (Oklahoma) 2 of 6
Country (United States) 4 of 11
Year (2013) 1 of 2
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-08-13 USA Compression

Austin, Texas, United States

USA Compression is a third-party provider of compression services to customers across the oil & gas industry. USA Compression is one of the nation’s largest independent providers of compression services in terms of total compression fleet horsepower. USA Compression was founded in 1998 and is based in Austin, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-10-08 Aimbridge Hospitality

Plano, Texas, United States

Aimbridge Hospitality is an independent hotel investment and management firm. Aimbridge Hospitality offers an unrivaled track record of creating and maximizing asset value and holds an enviable position as an exclusive management company approved to operate all brands within the Marriott, Hilton, Hyatt, Starwood, Wyndham, and InterContinental systems as well as their respective newly launched soft brands. Aimbridge Hospitality was founded in 2003 and is based in Plano, Texas.

Sell -