Exterran Partners to Acquire Assets from Exterran Holdings for $174M

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Exterran Holdings, Inc.
EXH
and Exterran Partners, L.P.
EXLP
today announced that Exterran Partners will acquire assets from Exterran Holdings for consideration valued at $174 million including customer contracts relating to the operation of approximately 259,000 horsepower of compressor units. Highlights of this transaction include: Assets to be acquired by Exterran Partners include Exterran Holdings' contracts serving 50 customers together with approximately 370 compressor units used to provide compression services under those contracts, representing approximately 253,000 horsepower and approximately 8 percent (by available horsepower) of the combined U.S. contract operations business of Exterran Holdings and
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