Flowco Production Solutions LLC
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Flowco Production Solutions LLC - overview
Established
2014
Location
Houston, TX, US
Primary Industry
Oil & Gas
About
Flowco Production Solutions LLC specializes in artificial lift technologies, providing innovative solutions like gas lift systems and automation tools to enhance oil and gas production efficiency. Flowco Production Solutions LLC, founded in 2014, operates from Houston, US, offering advanced technologies for oil and gas extraction. The company has successfully completed three deals and focuses on optimizing production for clients worldwide. The founder's background is not detailed, and there are no mentions of subsidiary structures or major pivots in the business strategy.
Flowco Production Solutions specializes in advanced artificial lift technologies, offering a comprehensive suite of solutions including gas lift systems, plunger lift mechanisms, automation tools, downhole gauges, and nitrogen services. Their products are engineered for reliability and efficiency, allowing customers to optimize oil and gas production across various operational challenges. Core offerings such as Continuous Flow Plungers and High-Pressure Gas Lift Valves are designed to enhance production rates while minimizing downtime, servicing a diverse client base including oil and gas operators in North America, Latin America, and the Middle East, while adhering to API specifications. Flowco Production Solutions generates revenue through direct sales of its artificial lift products and service contracts related to installation and maintenance.
The company engages in business-to-business transactions with oil and gas operators, providing advanced technologies like the LiftSense™ Controller and NitroGEN™ services. Their pricing structure reflects the specialized nature of the energy sector, with clients typically entering long-term contracts that include ongoing support and optimization services, establishing sustained revenue streams. Flowco Production Solutions plans to enhance its product line by developing new technologies and launching them in the upcoming fiscal year. Specific target markets for expansion include Southeast Asia and Europe, with plans to establish a presence there by 2025.
The recent investment from Pelican Energy Partners will be allocated towards these initiatives, supporting the development and marketing of new products to strengthen their market position.
Current Investors
Flowco Holdings Inc., GEC
Primary Industry
Oil & Gas
Sub Industries
Oil & Gas
Website
www.flowcosolutions.com
Company Stage
Merged
Total Amount Raised
Subscriber access only
Flowco Production Solutions LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Merger | Completed | Estis Compression, Flogistix, LP, Flowco Production Solutions LLC | - | ||||||||
| Secondary Buyout | Completed | Flowco Production Solutions LLC | - | ||||||||
| Buyout | Completed | Flowco Production Solutions LLC | - |
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