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Flowco Buys Lifting Solutions for $113 Million in Cash

Flowco Buys Lifting Solutions for $113 Million in Cash

MT newswireMT newswire2026/10/02 09:54
05:54 AM EDT, 10/02/2026 (MT Newswires) -- Flowco (FLOC) has completed its acquisition of Lifting Solutions Energy Services for about $113 million in cash, the company said Friday. Lifting Solutions is a manufacturer of artificial lift technologies. The sellers are also eligible for up to 10 million Canadian dollars ($7 million) in consideration, based on Lifting Solutions' 2027 financial performance, payable in early 2028, Flowco said.
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