HOUSTON – Troutman Pepper Locke represented Flowco Holdings, Inc. (Flowco), a provider of production optimization, artificial lift, and emissions management and monetization solutions for the oil and natural gas industry, in its $113 million acquisition of Lifting Solutions Energy Services, Inc., a vertically integrated manufacturer of artificial lift technologies serving wells across Canada, the U.S., the Middle East, and other international markets. For more information, see the press release.
The acquisition broadens Flowco’s artificial lift portfolio and strengthens its ability to deliver tailored solutions to customers throughout the life of the well. It also extends Flowco’s geographic reach and creates opportunities to bring a broader set of technologies to customers across both businesses.
The Troutman Pepper Locke team advising Flowco was led by Jennie Simmons and Bill Swanstrom, and included Shumaila Dhuka, Jessie Ames, Ashanty De Luna, Brett Miller, Mark Backofen, Lani Blake, Laurenlee Dominguez, Jerry Higdon, Peter Jeydel, Ed Razim, Patrick Archambault, Thomas Dockery, and Michelle Gutierrez-Begin.
Troutman Pepper Locke’s market-leading energy practices help clients with their most important and complex matters throughout the U.S. and beyond. From electric power, oil and gas, or emerging technologies, the cross-discipline team is equipped to handle any related matters, drawing on the depth of the firm’s knowledge in the market. Troutman Pepper Locke regularly advises electric utilities, independent power producers, banks, upstream and midstream natural gas companies and service companies, private equity funds, and other large corporations. Learn more at energylawinsights.com.
Troutman Pepper Locke
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