Wilcox Investment Bankers Flowpoint Services Capital Raise
July 2, 2025 –

Wilcox Investment Bankers Assists Flowpoint Services, LLC in its Capital Raise of a $20 Million Credit Facility

Flowpoint Services ("Flowpoint" or "the Company"), a one-stop solution provider for water management to oil and gas producers, obtained a new $20 million credit facility for working capital and to support growth initiatives. The credit facility provides (1) a $10 million revolving line of credit, (2) a $5 million term loan, and (3) a $5 million delayed draw term loan.  This new credit facility allows Flowpoint to maintain a favorable liquidity profile, strong balance sheet and financial flexibility.

About Flowpoint

Established in 2018, Flowpoint has grown to become one of the leading providers of water management services in the Permian Basin, working with a number of top and mid-tier oil and gas producers,  With its large inventory of pumps, hose and built-for-purpose automation and reporting, Flowpoint offers customers a range of water management services:

  • Water Transfer & Logistics
  • Water Storage
  • Water Sourcing
  • Polypipe
  • Pit Lining & Management
  • On-the-Fly Water Treatment
  • Real-Time Automated Monitoring & Control

 

Wilcox Investment Bankers Flowpoint Services Capital Raise

‍The Challenge

After successfully growing the business, Flowpoint had exhausted its credit with a small community bank and needed to expand its facility to obtain flexibility for future growth.  Additionally, Flowpoint needed additional liquidity for working capital purposes. The transaction process faced three significant challenges:

  1. Few lenders had an appetite to lend to any upstream oil and gas services provider due to the perceived industry cyclicality as well as environmental concerns.
  2. The current credit facility was coming due shortly, so there was an urgent need to make a change.
  3. The Company was subject to a material lawsuit, adding complexity to the transaction.

The Solution

Wilcox Investment Bankers assisted Flowpoint by strategizing around the various types of capital available to oilfield services companies and determining which could be a good fit given the Company's needs.  Based on this strategy, Wilcox introduced the Company to several debt providers, including commercial banks and asset-based lenders.  

Wilcox helped obtain a number of term sheets and assisted the Company in running various financial sensitivity models. Then Wilcox helped Flowpoint evaluate the best alternatives, in terms of structure, flexibility, and cost.  Wilcox negotiated various terms and assisted legal in the final documentation.