Simpson Thacher represented the EQT Infrastructure III fund in its announced acquisition of Kodiak Gas Services, LLC from The Stephens Group, LLC. Terms of the transaction were not disclosed.
Founded in 2011, Kodiak is the largest privately owned contract compression company in the U.S.; providing necessary compression equipment for the extraction of oil and transportation of natural gas in the United States. With over 1,130,000 revenue generating horsepower deployed across key basins, Kodiak has a differentiated offering focused on exceptional customer service and technical performance.
EQT is a leading investment firm founded in 1994, with more than EUR 50 billion in raised capital across 28 funds. EQT funds have portfolio companies in Europe, Asia and the U.S. with total sales of more than EUR 19 billion and approximately 110,000 employees.
The Simpson Thacher team includes Robert Langdon, Michael T. Holick, Usman Arain, Christine Ristow, Elaine Zhou and Mary Keating (M&A); Brian Steinhardt, Eli Isak and Hyo Min Kim (Credit); Jonathan Goldstein and Tyler Robbins (Tax); Jason Glover, Robert Lee and Vasanth Padaki (Funds); David Rubinsky, Alisa Tschorke and Tatiana Mejia-Uribe (Executive Compensation & Employee Benefits); Jonathan Lindabury (Derivatives); Marcela Robledo and Marissa Lambert (Intellectual Property); Timothy J. Mulvihill (Environmental); and Krista McManus (Real Estate).