Energy
Flowco Closes Its $113 Million Purchase of Lifting Solutions, Funded With Revolver Borrowings
The deal adds artificial lift manufacturing in Canada and the Middle East, and management expects it to add to earnings and free cash flow per share.
PR
By Priya Raghavan
Oct 3, 2026 · 2 min read
Flowco Holdings said it closed its acquisition of Lifting Solutions Energy Services on Friday for approximately $113 million in cash, funded with borrowings under the company's asset-based lending facility. Flowco shares rose 2.35% to $18.71 on the New York Stock Exchange.
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PR
Priya Raghavan
Corporate Insider Inc.
Priya Raghavan writes for Corporate Insider Inc.