Archrock to acquire total operations and production services, llc

Houston and midland, texas, july 22, 2024 (globe newswire) -- archrock, inc. (nyse: aroc) (“archrock”) and total operations and production services, llc (“tops”), a leading provider of contract gas compression services for the permian basin and portfolio company of investment funds managed by affiliates of apollo global management, inc. (“apollo”), today announced that they have entered into a definitive agreement under which archrock will acquire tops, including approximately 580,000 horsepower of predominantly young electric motor drive compression assets, in a cash-and-stock transaction valued at $983 million.
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