M&A
confidence high
sentiment neutral
materiality 0.50
Kodiak files CSI Compressco audited FY23 financials & pro forma combined statements post-merger close
Kodiak Gas Services, Inc.
- CSI Compressco 2023 revenue of $386.1M, net loss of $9.48M, total assets of $687M at Dec 31, 2023.
- Unaudited pro forma combined balance sheet as of Mar 31, 2024 and income statements for 3M and FY 2023 filed.
- Merger closed April 1, 2024; each CSI common unit exchanged for 0.086 Kodiak shares or equivalent OpCo units.
- CSI Compressco FY23 contract services revenue $284M, aftermarket services $83.6M, equipment rentals $17.2M.