Archrock, Inc.
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Archrock, Inc. - overview
Established
1954
Location
Houston, TX, US
Primary Industry
Oil & Gas
About
Based in the US and founded in 1954, Archrock, Inc. provides contract compression services, aftermarket services, and advanced solutions for methane reduction and natural gas liquids (NGL) recovery. In July 2024, Archrock, Inc. agreed to acquire TOPS LLC from Apollo Global Management for USD 983 million in cash and stock.
As of December 2024, the company is led by CEO D. Bradley Childers. The firm stock ticket symbol is (NYSE: AROC). Archrock Inc.
’s core services include contract compression services; this segment includes a fleet of natural gas compression equipment to support its customers. The fleet comprises both traditional and electric motor drive (EMD) packages. The EMD technology reduces CO2 emissions and methane loss, aligning with regulatory and environmental goals. The company supports customers by providing operations, maintenance, overhaul, and reconfiguration services and offers sales of parts and components.
Additionally, Archrock offers technologies such as the Carbon Hawk Methane Capture System and ECOTEC Methane Monitoring to help customers minimise methane emissions across the natural gas value chain. The MaCH4 NGL Recovery Solution enables energy-efficient gas separation at compression stations, reducing waste and improving resource utilisation. The firm offers services that include on-site maintenance, repair, and reconditioning of compression equipment. The July 2024 acquisition will broaden and diversify its contract compression operations and improve its sustainability.
Primary Industry
Oil & Gas
Sub Industries
Facilities & Maintenance Services, Oil & Gas Equipment and Services, Oil & Gas Transportation
Website
www.archrock.com
Verticals
Clean Technology
Total Amount Raised
Subscriber access only
Archrock, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | TOPS LLC | - |
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