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USA Compression Partners Agrees To Acquire J-W Power For Total Consideration Of ~$860M

Benzinga·12/01/2025 11:57:28
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USA Compression Partners, LP (NYSE:USAC) ("USAC" or "USA Compression" or the "Partnership") today announced it has entered into a definitive agreement to acquire J-W Power Company, a large privately-held provider of compression services in the United States, for total consideration of approximately $860 million.

Transaction and Closing Details

Under the terms of the agreement, USAC will fund $430 million in cash, with plans to initially fund through available capacity under its revolving credit facility, and issue approximately 18.3 million new USAC common units ($430 million based on 10-day volume-weighted average price as of November 26, 2025 with a collar of $23.25 - $23.50, resulting in an effective price utilized $23.50) to the seller. The transaction is expected to close in the first quarter of 2026, subject to customary closing conditions and regulatory approvals.