USA Compression Partners, LP (NYSE:USAC) entered into a definitive agreement to acquire J-W Power Company from J-W Energy Company for $890 million on November 29, 2025.
The transaction is expected to close in the first quarter of 2026, subject to customary closing conditions and regulatory approvals.
Wells Fargo Corporation acted as financial advisor and Sidley Austin LLP acted as legal advisor for USA Compression Partners, LP. Jefferies LLC acted as financial advisor and Jackson Walker LLP acted as legal advisor for J-W Power Company.
USA Compression Partners, LP is a provider of natural gas compression services. The Company provides compression services to its customers primarily in connection with infrastructure applications, including both allowing for the processing and transportation of natural gas through the domestic pipeline system and enhancing crude oil production through artificial lift processes. It engineers, designs, operates, services and repairs its fleet of compression units and maintains related support inventory and equipment. It also provides compression services in mature conventional basins, including gas lift applications on crude oil wells targeted by horizontal drilling techniques. It has over 3,775,660 horsepower in its fleet. It provides compression services in a number of shales plays throughout the United States, including the Utica, Marcellus, Permian Basin, Delaware Basin, Eagle Ford, Mississippi Lime, Granite Wash, Woodford, Barnett, Haynesville, Niobrara and Fayetteville shales.