Flowco Holdings to Acquire Valiant for $200 Million

Reuters
2026.02.02 13:02
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Flowco Holdings Inc. has agreed to acquire Valiant Artificial Lift Solutions LLC's parent company for $200 million, comprising $170 million in cash and 1.5 million shares of Flowco Class A common stock. The deal, expected to close in March 2026, will be funded through borrowings under Flowco's ABL facility. Valiant is a leading provider of electric submersible pump systems in the U.S., primarily serving the Permian Basin. The transaction is subject to customary closing conditions and approvals.