(WO) - Flowco Holdings has agreed to acquire the parent company of Valiant Artificial Lift Solutions in a transaction valued at approximately $200 million, expanding Flowco’s artificial lift and production optimization offerings across U.S. shale basins.

Valiant is one of the largest private, pure-play providers of electric submersible pump (ESP) systems in the U.S., with a strong footprint in the Permian basin. Founded in 2016, the company provides ESP and linear ESP systems, surface fluid transfer equipment and well surveillance services to upstream operators.

Flowco said the acquisition broadens its artificial lift portfolio, allowing the company to support customers with a wider range of lift technologies over the full life cycle of a well. The transaction is expected to be accretive to earnings and free cash flow per share, with the purchase price representing an estimated 3.9x Valiant’s projected 2026 adjusted EBITDA, excluding synergies.

“We are pleased to add Valiant’s strong team and complementary ESP offering to Flowco’s portfolio,” said Joe Bob Edwards, president and CEO of Flowco. “By combining Valiant’s ESP capabilities with our existing artificial lift portfolio, we expand our ability to support customers earlier in the well’s producing life and maintain ongoing involvement as operating conditions evolve.”

Edwards added that Flowco sees opportunities to cross-sell technologies across its customer base and to extend the combined platform beyond the Permian into other U.S. basins and select international markets.

Valiant CEO Gareth C. Ford said the transaction positions the company for its next phase of growth. “As part of Flowco, we see tangible opportunities to expand our position in the ESP market and support continued growth in the Permian and other key basins,” he said.

Under the terms of the agreement, Flowco will pay approximately $170 million in cash and issue about 1.5 million shares of Flowco Class A common stock. The acquisition will be funded through borrowings under Flowco’s asset-based lending facility and is structured as a cash-free, debt-free transaction.

The deal is expected to close in March 2026, subject to customary closing conditions and regulatory approvals, including clearance under the Hart-Scott-Rodino Act.