04:39 AM EDT, 03/11/2025 (MT Newswires) -- Archrock ( AROC ) has agreed to acquire Natural Gas Compression Systems and NGCSE in a cash-and-stock deal valued at about $357 million, the companies said late Monday.

Archrock ( AROC ) plans to fund the $298 million cash portion of the deal with available capacity under a credit facility. The company will issue up to 2.312 million new common shares to the sellers to fund the remaining consideration.

Archrock ( AROC ) said it expects the deal to be immediately accretive to its per-share earnings and cash available for dividend by the end of 2025.

The deal is expected to close in Q2.