Park Energy Services, LLC acquired certain lower horsepower operating assets from Archrock, Inc.
July 26, 2021
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Park Energy Services, LLC acquired certain lower horsepower operating assets from Archrock, Inc. on July 27, 2021. Debt financing for the transaction was secured under an expanded senior credit facility provided by Regions Bank, UMB Bank N.A., and Century Bank. Legal representation for the transaction was provided by Winston & Strawn, LLP.
Park Energy Services, LLC completed the acquisition of certain lower horsepower operating assets from Archrock, Inc. on July 27, 2021.
Archrock, Inc. is an energy infrastructure company with a primary focus on midstream natural gas compression. The Company is a provider of natural gas compression services to customers in the energy industry throughout. the United States. It is a supplier of aftermarket services to customers that own compression equipment. Its segments include Contract Operations and Aftermarket Services. The Contract Operations business is comprised of its owned fleet of natural gas compression equipment that it use to provide operations services to its customers. The aftermarket services business provides a full range of services to support the compression needs of its customers that own compression equipment, including operations, maintenance, overhaul and reconfiguration services and sales of parts and components. It provides comprehensive contract operations services, such as personnel, equipment, tools, materials and supplies to meet its customerâs natural gas compression needs.
ARCHROCK, INC. 
