Flowco to Acquire Valiant Artificial Lift for $200M, Expanding Presence in Permian Basin

The deal will add electric submersible pump (ESP) capabilities to Flowco's production optimization platform.

Feb. 3, 2026 at 12:31am

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Flowco, a leading provider of production optimization and artificial lift solutions, has announced plans to acquire Valiant Artificial Lift Solutions, a leading ESP provider in the Permian Basin, for $200 million. The transaction will be funded through a combination of cash and newly issued Flowco shares, and is expected to be accretive to earnings and free cash flow. Flowco sees the acquisition as part of a broader strategy to build a comprehensive production optimization platform across the lifecycle of producing wells.

Why it matters

The addition of ESP capabilities will expand Flowco's addressable market and provide exposure to the largest segment of the artificial lift market, estimated at $2.5 billion annually in the Lower 48. The deal also aligns with Flowco's approach to M&A, focused on attractive valuations and returns, as well as cross-selling opportunities between the two companies' customer bases.

The details

Flowco will acquire Valiant for $200 million, comprising $170 million in cash and $30 million in newly issued Flowco shares. The transaction implies a purchase multiple of approximately 3.9x estimated 2026 Adjusted EBITDA. Flowco expects the acquisition to close in early March, subject to customary closing conditions. After closing, Valiant will operate as part of Flowco's production solutions segment.

  • Flowco expects the acquisition to close in early March 2026.
  • Flowco plans to provide further updates on the transaction during its next scheduled earnings call, expected in roughly one month.

The players

Flowco

A leading provider of production optimization, artificial lift and methane abatement solutions for the oil and natural gas industry.

Valiant Artificial Lift Solutions

A leading pure-play electric submersible pump (ESP) provider in the Permian Basin.

Joe Bob Edwards

President and CEO of Flowco.

Jon Byers

CFO of Flowco.

Andrew Leonpacher

Vice President of Finance, Corporate Development, and Investor Relations at Flowco.

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