Flowco to Buy Lifting Solutions Energy for $113 Million
The all-cash deal adds continuous rod and PCP lift and extends Flowco’s footprint into Canada and the Middle East.
Flowco Holdings Inc. (FLOC) signed and closed an all-cash purchase of Lifting Solutions Energy Services Inc. for approximately $113 million in October 2026.
The oilfield production-optimization and artificial-lift provider said the deal broadens its artificial lift portfolio with continuous rod and PCP technologies, expands its addressable market across Canada, the Middle East and other global markets, and creates cross-sell opportunities.
President and Chief Executive Officer Joe Bob Edwards said the company is pleased to welcome the Lifting Solutions team and that the target has built a differentiated business through a deep commitment to technology, technical expertise and high-quality service—values that align closely with Flowco’s own.
Edwards said the acquisition expands Flowco’s ability to provide the right solutions to customers throughout the life of the well, extends the company’s geographic reach, and creates meaningful opportunities to bring a broader set of technologies to customers across both businesses.
The transaction follows Flowco’s February 2026 agreement to acquire Valiant Artificial Lift Solutions for about $200 million, a mix of cash and Class A shares, which closed in March 2026. That deal added electric submersible pump systems and was described as expanding Flowco’s addressable market and unlocking cross-selling.
Earlier in 2025, Flowco completed a $71 million cash purchase of high-pressure gas lift and vapor recovery systems from Archrock, its first M&A transaction, which it said was accretive to free cash flow per share and earnings per share.
The Lifting Solutions purchase is another cash bolt-on in the same artificial-lift and production-optimization lane, pairing continuous rod and PCP with the ESP and HPGL capabilities the company has already assembled. Edwards framed the combined footprint as a way to serve operators across more geographies and more of the well’s producing life, with cross-sell as the stated commercial upside.