m_and_a
confidence high
sentiment positive
materiality 0.75
Flowco completes $200M acquisition of Valiant Artificial Lift Solutions
Flowco Holdings Inc.
- Total consideration of ~$200M: $170M net cash from ABL facility and ~1.5M shares of Class A common stock.
- Valiant's ESP capabilities expand Flowco's artificial lift portfolio for earlier well-life support.
- Acquisition funded via available capacity under Flowco's revolving credit facility.
- Seller enters 180-day lock-up and receives registration rights for stock consideration.
- Valiant becomes a wholly owned subsidiary of Flowco, adding Permian and other basin footprint.
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