Who is Enerflex & Exterran?

CALGARY, Alberta and HOUSTON, Jan. 24, 2022 (GLOBE NEWSWIRE) -- Enerflex Ltd. (“Enerflex” or the “Company”) (TSX: EFX) and Exterran Corporation (“Exterran”) (NYSE:EXTN) today announced a business combination (the “Transaction”) to create a premier integrated global provider of energy infrastructure.

Who is Enerflex solutions Argentina?

Enerflex Solutions Argentina SRL - Buenos Aires Office... Argentina about our solutions and energy industry news. Our products are available worldwide, and so are we. Find global sales, service, and repair centers directly with us or our licensed Channel Partners all over the World.

Who is Exterran Corporation?

Exterran Corporation which was formerly the international services and global fabrication businesses of Exterran Corporation is involved in natural gas compression, production and processing products and services. Exterran was formed when Universal Compression (1954) merged with Hanover (1990) in 2007.

What are the voting agreements between Enerflex and Exterran?

All of the directors and officers of Enerflex have entered into voting agreements with Exterran pursuant to which they have agreed to vote their respective Enerflex common shares in favour of the issuance of Enerflex common shares pursuant to the Transaction at the meeting of Enerflex shareholders.

Why should I invest in Enerflex & Exterran?

The committed financing is sufficient to fully repay existing Enerflex and Exterran notes and revolving credit facilities and support putting in place a new capital structure, provide for capital expenditures and other ordinary course capital needs, and provide significant liquidity for the pro forma business.

What does the transaction value paid for Exterran mean?

The transaction value paid for Exterran implies an EV/2022E Adjusted EBITDA of 3.6x and Price/2022E Cash Flow of 1.9x, including synergies, respectively. Upon closing of the Transaction, Enerflex and Exterran shareholders will respectively own approximately 72.5% and 27.5% of the total Enerflex common shares outstanding.