Archrock completes acquisition of Natural Gas Compression Systems and NGCSE on May 1
Archrock, Inc. completed its acquisition of Natural Gas Compression Systems, Inc. and NGCSE, Inc. on May 1, 2025. The company issued about 2.251 million new common shares to NGCSE and funded the $299 million cash portion with its ABL credit facility, and it said the deal is expected to be immediately accretive to 2025 earnings per share. Shareholders will see more shares outstanding, and the company said it remains committed to its 3.0 to 3.5 times target leverage ratio range.
Key points
- NGCSI merger cash consideration was $266.7 million, subject to customary adjustments after closing.
- NGCSE merger consideration was $90.4 million in cash and Archrock common stock combined.
- About 2.251 million new Archrock common shares were issued to NGCSE Holdings, LLC at closing.
- NGCSE Holdings agreed not to sell the stock for 180 days after the May 1, 2025 closing date.
The filing
Written by AI on Nov 8, 2026, 1:00 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 01, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.