, /PRNewswire/ — Genesis Park announced today that its portfolio company Flowco, launched a successful initial public offering (NYSE: FLOC). Flowco was formed through the merger of Flowco Production Solutions, Estis Compression and Flogistix. Genesis Park invested in Estis Compression in 2019 alongside Global Energy Capital (“GEC”).
Genesis Park announced that its portfolio company Flowco, launched a successful initial public offering (NYSE: FLOC).
Flowco is one of the most comprehensive providers of production optimization and artificial lift solutions, including high pressure gas lift, traditional gas lift, plunger lift, and vapor recovery. Headquartered in Houston, Texas with approximately 1,300 employees, Flowco operates in every domestic major oil and gas basin, with a growing international presence. Flowco serves 22 of the top 25 producers in the United States.
Three local investment firms, GEC, White Deer Energy and Genesis Park cooperated to accomplish this powerful combination. Jonathan Fairbanks will Chair the Board.
“The combined business creates an array of …