Flowco Holdings Raises $172M through Public Offering, Plans Buyback Post-Issue

Flowco Holdings has priced a public offering of approximately 7.8 million Class A shares at $22 each, raising around $172 million. The shares are being sold by affiliates of GEC Advisors LLC. The underwriters have the option to purchase an additional 1.17 million shares within 30 days at the same offering price. Flowco plans to use the proceeds to fund its existing business and may also consider a share buyback post-offering.