STEP Energy Services Ltd. Agrees to $5.50 Per Share Take Private Transaction With Funds Advised by ARC Financial Corp.

Core Viewpoint - STEP Energy Services Ltd. has entered into a definitive arrangement agreement with ARC Financial Corp. and its associated entities, following a non-binding offer received earlier [1] Group 1 - The arrangement involves 2659160 Alberta Ltd. and limited partnerships from ARC Energy Fund 8, which is a private equity fund advised by ARC Financial Corp. [1]