Acquisitions The USA Compression Predecessor is deemed to be the accounting acquirer of the Partnership in the business combination because its ultimate parent company obtained control of the Partnership through its control of the General Partner. Consequently, the USA Compression Predecessors assets and liabilities retained their historical carrying values. The Partnerships assets acquired and liabilities assumed by the USA Compression Predecessor have been recorded at their fair values measured as of the Transactions Date. The excess of the assumed purchase price of the Partnership over the estimated fair values of the Partnerships net assets acquired has been recorded as goodwill. The assumed purchase price and fair value of the Partnership was determined using a combination of an income and cost valuation methodology, the fair value of the Partnerships common units as of the Transactions Date and the consideration paid by ET LP for the General Partner and IDRs. The valuation and purchase price allocation is considered final. The property and equipment of the USA Compression Predecessor is reflected at historical carrying value, which is less than the consideration paid for the business. The excess of the consideration paid over the historical carrying value was $36.1 million and is reflected as a decrease to partners capital. The Partnership incurred $21.7 million in transaction-related expenses prior to the Transactions Date, which were recognized by the Partnership when incurred in the periods prior to the Transactions Date, and therefore are not included within the results of operations presented within the consolidated financial statements for the year ended December 31, 2018 . For the period from April 2, 2018 to December 31, 2018 , we recognized $269.2 million in revenues and $23.1 million in net income attributable to the Partnerships historical assets. The following table summarizes the assumed purchase price and fair value and the allocation to the assets acquired and liabilities assumed (in thousands): Assumed purchase price allocation to USA Compression Partners, LP: Current assets $ 786,258 Fixed assets 1,331,850 Other long-term assets 15,018 Customer relationships 221,500 Total identifiable assets acquired 2,354,626 Current liabilities (110,465 ) Long-term debt (1,526,865 ) Other long-term liabilities (1,538 ) Total liabilities assumed (1,638,868 ) Net identifiable assets acquired 715,758 Goodwill (1) 365,983 Net assets acquired $ 1,081,741 April 2, 2018 Transactions: Cash assumed in the CDM Acquisition $ (710,506 ) Issuance of Preferred Units (465,121 ) Issuance of Class B Units for the CDM Acquisition (86,125 ) Issuance of Warrants (13,979 ) Issuance of common units for the Equity Restructuring (135,440 ) Issuance of common units for the CDM Acquisition (324,910 ) Purchase price adjustment for USA Compression Partners, LP $ (654,340 ) ________________________________ (1) Goodwill recognized from the business combination primarily relates to the value attributed to additional growth opportunities, synergies and operating leverage within the Partnerships areas of operation. The valuation of goodwill recognized from the business combination is final. Transition Services Agreement In connection with the closing of the Transactions, we entered into an agreement with the USA Compression Predecessor and ETO pursuant to which ETO and its affiliates provided certain services to us with respect to the business and operations of the USA Compression Predecessors existing assets, including information technology, accounting and emissions testing services, for a period of three months following the closing of the Transactions. Expenses associated with the transition services agreement were $0.7 million for the year ended December 31, 2018 . Unaudited Pro Forma Financial Information The following unaudited pro forma condensed financial information for the years ended December 31, 2018 and 2017 gives effect to the Transactions as if they had occurred on January 1, 2017. The unaudited pro forma condensed financial information has been included for comparative purposes only and is not necessarily indicative of the results that might have occurred had the Transactions taken place on the dates indicated and is not intended to be a projection of future events. The pro forma adjustments for the periods presented consist of (i) adjustments to combine the USA Compression Predecessors and the Partnerships historical results of operations for the periods, (ii) adjustments to interest expense to include interest expense for additional revolving credit facility borrowings and include the interest expense associated with our Senior Notes 2026 (see Note 10 ), (iii) adjustments to depreciation and amortization expense attributable to adjustments recorded as a result of the purchase price allocation to the Partnerships assets and liabilities and (iv) adjustments to net loss attributable to common units and Class B Units attributable to distributions on the Partnerships Series A Preferred Units (the Preferred Units). The following table presents the unaudited pro forma revenues, net loss and basic and diluted net loss per unit information for each period (in thousands, except per unit amounts): Year Ended December 31, 2018 2017 Total revenues $ 662,091 $ 556,893 Net loss (44,894 ) (344,995 ) Net loss attributable to common and Class B unitholders interests (93,644 ) (393,745 ) Basic and diluted net loss per common unit and Class B Unit (0.98 ) (4.14 ) The pro forma net loss for the year ended December 31, 2018 includes expenses that were a direct result of the Transactions, including $1.0 million in employee severance charges attributable to employees not retained by the Partnership subsequent to the Transactions and $21.7 million in transaction expenses, including advisory, audit and legal fees. These expenses were recognized by the Partnership as they were incurred during the period from January 1, 2018 to April 1, 2018, but because the USA Compression Predecessors historical condensed consolidated financial statements are now reflected for that period, the condensed consolidated financial statements presented in accordance with GAAP for the year ended December 31, 2018 do not reflect such expenses incurred as a direct result of the Transactions.