USA Compression Partners $1.8 billion acquisition of Energy Transfer Partners' compression business

Overview:

• Oil field equipment supplier USA Compression Partners has acquired Energy Transfer Partners' compression business for $1.8 billion.
• The deal included an issue of $500 million perpetual units by EIG Global Energy Partners and $725 million in debt financing, provided by JP Morgan and Barclays.
• As part of the acquisition, Energy Transfer will own 12.5 million USAC common units from the acquirer.
• Evercore acted as financial adviser for USA Compression and Barclays acted for Energy Transfer Partners. 

Katrin Kostadinova - Data analyst