Flowco Holdings Inc. (FLOC) Form 8-K — Oct 2, 2026
Flowco Holdings (NYSE: FLOC) closed its acquisition of Lifting Solutions Energy Services Inc. on October 2, 2026, paying C$159.0 million in cash on a cash-free, debt-free basis, funded with borrowings under its five-year senior secured revolving credit facility. Sellers can earn an additional C$10.0 million earnout if the acquired business generates EBITDA above C$32.0 million (capped at C$36.8 million) during calendar 2027, payable by March 31, 2028. The deal carries an RWI policy and customary escrow/indemnity mechanics, with a C$0.4 million deductible.
Key figures
- Deal Value Usd
- C$159.0 million base cash consideration (plus up to C$10.0 million contingent earnout)
- Financing
- funded with borrowings under five-year senior secured revolving credit facility
- Structure
- cash-free, debt-free; signing and closing simultaneous on October 2, 2026
- Earnout max
- C$10.0 million
- Earnout cap ebitda
- C$36.8 million
- Earnout payable by
- March 31, 2028
- Indemnity deductible
- C$0.4 million
- Earnout threshold ebitda
- C$32.0 million
- Earnout measurement period
- Jan 1, 2027 - Dec 31, 2027
AI analysis
Red flags4 · Pro
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.