Apollo Global Management, Inc.’s Post

Apollo believes in scaling businesses that drive a more sustainable future, and we are proud to share Archrock, Inc.’s announced acquisition of Total Operations and Production Services, LLC (TOPS), a portfolio company of Apollo Funds since 2021. TOPS is a leading provider of contract gas compression services for the Permian Basin with a focus on electric driven compression systems that can offer customers improved performance and reduced emissions.   Under Apollo Funds’ ownership, TOPS has grown into an industry-leading electric drive contract compression provider offering one of the most impactful decarbonization solutions for the oil and gas industry. A few notable achievements include meaningfully growing TOPS’ fleet of contracted compression units and more than doubling its workforce, expanding the Company’s access to financing sources, and helping TOPS become a critical Scope 1 emissions reduction partner to its customers by delivering an estimated fleet-wide gross CO2 emissions avoidance of 2.4 million metric tons in 2023 (equivalent to removing between 265k – 530k gas-powered vehicles from the road for one year).   Read more about the transaction: https://lnkd.in/eZk-6YC5

Archrock to Acquire Total Operations and Production Services, LLC

Archrock to Acquire Total Operations and Production Services, LLC

globenewswire.com

Beatrice Campbell

Sacred Elements Alchemy

2mo

Well done!

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