# Kodiak Gas Services to acquire CSI Compressco in $854M all-equity deal

Kodiak Gas Services agreed to acquire CSI Compressco in an all-equity transaction valued at about $854 million including $619 million of net debt, creating the largest contract compression fleet with 4.3 million horsepower.

- Type: Acquisition
- Announced: 2023-12-19
- Where: United States
- Value: $854.0M
- Status: announced
- Capacity: 4.3 million revenue-generating horsepower
- Products: contract compression services, gas treating, gas cooling, aftermarket services

## Companies

- [CSI Compressco](https://endata.com/companies/4898.md) (target)
- [Kodiak Gas Services](https://endata.com/companies/11360.md) (acquirer)

## Sources

- [ir.kodiakgas.com](https://ir.kodiakgas.com/news-events/press-releases/detail/18/kodiak-gas-services-inc-to-acquire-csi-compressco-lp-in), 2023-12-19: "Kodiak will acquire CSI Compressco in an all-equity transaction valued at approximately $854 million, including the assumption of $619 million of net debt."
- [sec.gov](https://www.sec.gov/Archives/edgar/data/1449488/000119312523298111/d863220d8k.htm), 2023-12-19: "Kodiak Gas Services, Inc., a Delaware corporation ("Kodiak"), will acquire the Partnership through a series of mergers (the "Mergers")."
- [rbnenergy.com](https://rbnenergy.com/daily-posts/blog/consolidation-trend-expands-gas-compression-services-sector), 2024-01-09: "two major providers of contract compression services ... announced that they will be combining to form what they say will be the largest firm in that space."
- [lawstreetmedia.com](https://lawstreetmedia.com/insights/flame-on-king-spalding-vinson-elkins-advise-on-kodiaks-acquisition-of-csi-compressco/), 2024-01-18: "Kodiak Gas Services, Inc. announced its $854 million acquisition of CSI Compressco LP."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.