Flowco acquires 155 HPGL & VRU systems from Archrock for $71M cash

Flowco Holdings Inc.

Acquisition of 155 HPGL and VRU systems from Archrock, Inc. for approximately $71 million in cash.
Electric motor drive systems expand fleet, supporting customer electrification and emissions reduction goals.
Accretive to free cash flow per share and earnings per share at an attractive valuation.
Enhances Permian Basin presence and strengthens relationships with new and existing customers.
First M&A transaction as a public company, executing on inorganic growth strategy.

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