Archrock Inc. revealed a series of A&D transactions June 24 that included Hilcorp Energy Co. Founder Jeffery D. Hildebrand joining the Houston-based company’s board.

In its first transaction, Archrock agreed to the cash-and-stock acquisition of Elite Compression Services LLC worth roughly $410 million. Elite, a rival of Archrock, is a portfolio company of JDH Capital Co. based in Victoria, Texas.

The Elite acquisition includes about 430,000 of predominately large-horsepower (hp) compression assets primarily in the Eagle Ford Shale. In conjunction with the transaction, Archrock said it will sell about 80,000 active and idle compression hp to Harvest Midstream Co. for $30 million in cash.

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