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Flowco Broadens Production Optimization Portfolio Through Strategic Acquisition of Lifting Solutions October 2 , 2026 HOUSTON -- ( BUSINESS WIRE ) -- Flowco Holdings Inc. ( NYSE : FLOC ) ( " Flowco " or the " Company " ) , a provider of production optimization , artificial lift , and emissions management and monetization solutions for the oil and natural gas industry , today announced the closing of its acquisition of Lifting Solutions Energy Services Inc. ( " Lifting Solutions " ) , a vertically integrated manufacturer of artificial lift technologies serving wells across Canada , the United States , the Middle East , and other international markets . Founded in 2014 and headquartered in Edmonton , Alberta ( Canada ) , Lifting Solutions is a leading provider of continuous rod , a differentiated alternative to conventional rod lift strings , and progressing cavity pumps ( “ PCP ” ) . Lifting Solutions ' technical capabilities include the in - house development of proprietary rod coatings and PCP technologies designed to extend run times and reduce customer workover and lifting costs . Flowco acquired Lifting Solutions for approximately US $ 113 million in cash , based on a CAD / USD exchange rate of 0.71 , subject to adjustment in accordance with the purchase agreement . Transaction Highlights and Strategic Rationale • Expands Portfolio and Addressable Market - Adds continuous rod and PCP technologies , broadening Flowco's artificial lift offering and expanding participation in later - life well applications • Provides Canadian and International Platform - Adds scaled Canadian operations and an established international presence , providing a platform to accelerate growth across Canada , the Middle East and other global markets • Creates Cross - Sell Opportunities - Leverages complementary products , technical expertise and customer relationships across Flowco's and Lifting Solutions ' respective geographic footprints • Accretive Transaction — Expected to be accretive to earnings and free cash flow per share Joe Bob Edwards , President and Chief Executive Officer of Flowco , commented , " We are pleased to welcome the Lifting Solutions team to Flowco . They have built a differentiated business through a deep commitment to technology , technical expertise and high - quality service - values that align closely with our own . The acquisition broadens our artificial lift portfolio and expands our ability to provide the right solutions to customers throughout the life of the well . This transaction extends Flowco's geographic reach and creates meaningful opportunities to bring a broader set of technologies to customers across both businesses . " David Labonte , Founder and Chief Executive Officer of Lifting Solutions , stated , " We look forward to joining Flowco and bringing together two highly complementary businesses . Together , we can build on the strengths of both organizations and support the continued growth of the combined company . "