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Lifting Solutions

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Namestring
Lifting Solutions
Legal namestring
Lifting Solutions Inc.
Company typeenum
Private
Founded yearint
2014
Descriptiontext

Lifting Solutions Inc. is a privately held Canadian manufacturer of artificial lift technology serving global oil and gas operators from its Edmonton, Alberta headquarters. The company's portfolio centers on Endless Rod™, a continuous sucker rod engineered to eliminate the coupling failures that drive downtime and OPEX in conventional sucker rod strings, alongside a family of fit-for-purpose Progressing Cavity Pumps (PivotAL, TorsionAL, Insertable, TaperAL), the GasAL gas separation accessory, and application solutions for coal seam gas and ESPCP. The company self-identifies as the world's largest continuous rod manufacturer and operates the largest artificial lift service fleet in North America.

Manufacturing is split between a ~75,000 sq ft Edmonton facility handling Endless Rod and PCP production, two Bonnyville shops (rod and PCP), and a ~40,000 sq ft Salalah, Oman plant operated as a strategic co-manufacturing partnership with OHI for international supply. The business model combines one-time hardware sales (rods and PCPs) with recurring service revenue from Endless Rod Service, Rod Transport & Repair Units, Truck Mounted Gripper Services, and welder units. Distribution is a hybrid of direct enterprise field sales supported by the in-house service fleet and a regional partner network covering the USA (Snow Well Services), Romania (Endurance Lift Solutions International), Australia (Torque Alliance), Colombia (TTP Well Services), and Mexico (Vordcab). Pricing is quote-based and not publicly disclosed; customer logos and revenue figures are likewise not disclosed in available sources.

Short descriptiontext

Lifting Solutions Inc. is a private Canadian manufacturer of artificial lift technology, producing Endless Rod™ continuous sucker rods and progressing cavity pumps for global oil and gas operators via direct enterprise sales, a North American service fleet, and an international partner network.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
251–500
akta.pro rankint
HeadquartersEdmonton, Canada
HQ citystring
Edmonton
HQ countrystring
Canada
HQ regionstring
North America
Markets served

Serves global market

Offices13 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
artificial lift technology, progressing cavity pumps, continuous sucker rods, rod lift systems, artificial lift services
Industry3 codes
1Production Services & Artificial Lift (ESP, Rod Lift, Gas Lift, Chemicals)
CodeEUALABAHPrimaryYes
2Oilfield Equipment Manufacturing & Supply (Wellheads, BOPs, Surface Equipment)
CodeEUALABALPrimaryNo
3Pump & Compressor Packages (Skids, Booster Sets)
CodeIMAHANAGPrimaryNo
NAICS code2 codes
  • Oil and Gas Field Machinery and Equipment Manufacturing333132
  • Pump and Compressor Manufacturing33391
SIC code2 codes
  • Oil & Gas Field Machinery & Equipment3533
  • Pumps & Pumping Equipment3561
Product category
Artificial Lift Equipment (Oil and Gas Production)
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model2 records
1Artificial Lift Products
TypeHardware Sales
Description

Sale of Endless Rod continuous rod products and Progressing Cavity Pump (PCP) systems to oil and gas operators worldwide. Products are manufactured in Canada and Oman and shipped globally.

liftingsolutions.com
2Service Equipment and Support
TypeProfessional Services
Description

Recurring revenue from service equipment including Endless Rod Units, Rod Transport & Repair Units, Truck Mounted Gripper Services, and Endless Rod Service offerings. The company maintains the largest service fleet in North America.

liftingsolutions.com
Marketing channels5 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Supply Chain, Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Brand1 of 5 records shown
1Endless Rod™
Description

Engineered continuous rod designed to improve well performance, stop coupling failures, and lower OPEX.

liftingsolutions.com
+4 more records
Core offering1 text field

Lifting Solutions designs and manufactures artificial lift technology for oil and gas producers, with core products being the Endless Rod continuous sucker rod (in bare and coated variants) and a family of Progressing Cavity Pumps (PivotAL, TorsionAL, Insertable, TaperAL), plus the GasAL gas separation accessory. The company complements these products with field and shop services, including the Endless Rod Service program and service equipment such as Endless Rod Units, Endless Rod Welders, Rod Transport & Repair units, and Truck Mounted Gripper services. Manufacturing is performed in Edmonton, Alberta, and Salalah, Oman, with products shipped globally and supported by regional offices across Canada and the USA.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 6 values shown
  • Stop coupling failures
+5 more records
Product overview1 text field

Lifting Solutions offers a unified portfolio of artificial lift technology products and services. The core product lines are Endless Rod™ (continuous sucker rods available in bare and coated variants) and Progressing Cavity Pumps (PCPs) with multiple specialized variants including PivotAL, TorsionAL, Insertable, and TaperAL models. These are complemented by application-specific solutions for coal seam gas and ESPCP, plus the GasAL gas separation accessory. Services include Endless Rod Service, service equipment (Endless Rod Unit, Endless Rod Welder), and mobile field services including Rod Transport & Repair and Truck Mounted Gripper Services. The company also provides a Design My Pump configuration tool for custom PCP solutions. Lifting Solutions positions itself as the world's largest continuous rod manufacturer with the largest service fleet in North America.

Product and service10 records
1Endless Rod™ Continuous Sucker Rod
CategoryArtificial Lift Rods
Description

Continuous sucker rod engineered to eliminate coupling failures, improve well performance, extend runlife, and lower OPEX in artificial lift applications; available in bare and coated variants for use by oil and gas operators globally.

2Progressing Cavity Pumps (PCP Systems)
CategoryArtificial Lift Pumps
Description

Fit-for-purpose progressing cavity pump systems, including PivotAL, TorsionAL, Insertable, and TaperAL variants, optimized for well production in artificial lift operations across conventional, high-torque, and specialized well applications.

3GasAL Gas Separation Accessory
CategoryArtificial Lift Accessories
Description

Gas separation accessory for artificial lift systems designed to handle gas-related challenges encountered in oil and gas well production.

4Coal Seam Gas Artificial Lift Solution
CategoryArtificial Lift Applications
Description

Application-specific artificial lift solution configured for coal seam gas extraction wells, integrating Endless Rod and PCP technologies for use by operators in coal seam gas fields.

5ESPCP (Electrical Submersible Progressing Cavity Pump) Application
CategoryArtificial Lift Applications
Description

Application-specific configuration of progressing cavity pump technology for electrical submersible artificial lift deployments in oil and gas wells.

6Endless Rod Service
CategoryArtificial Lift Services
Description

Service program providing ongoing maintenance and support for Endless Rod installations, intended to reduce field spend and improve sustainability outcomes for oil and gas operators.

7Endless Rod Unit (Service Equipment)
CategoryArtificial Lift Services
Description

Dedicated service equipment unit used for Endless Rod installation, handling, and support operations delivered by Lifting Solutions' service fleet.

8Endless Rod Welder (Service Equipment)
CategoryArtificial Lift Services
Description

Welding equipment designed for the manufacturing, joining, and repair of continuous Endless Rod products in shop and field environments.

9Rod Transport & Repair Unit Services
CategoryArtificial Lift Services
Description

Mobile rod transport and repair services providing on-site support for moving, maintaining, and repairing rod products across operator well sites.

10Truck Mounted Gripper Services
CategoryArtificial Lift Services
Description

Truck-mounted gripper services supporting rod handling, installation, and removal operations at oil and gas well sites across Lifting Solutions' service territory.

Scale indicator4 records

Each record includes

Type, Value, Description, Source

Partnership6 partners
Strategic tierRegionalTypeChannel Partner/ Reseller/ Distributor
Description

Regional partner located in Negoiesti, Prahova, Romania providing local service and product distribution for Lifting Solutions products in the European region.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Strategic partner and co-manufacturer with Lifting Solutions, operating a manufacturing facility in Salalah, Oman producing Endless Rod products for international markets.

Strategic tierRegionalTypeChannel Partner/ Reseller/ Distributor
Description

Regional partner in Bakersfield, California providing local service and product support for Lifting Solutions products in the US market.

Strategic tierRegionalTypeChannel Partner/ Reseller/ Distributor
Description

Regional partner in Gympie, Queensland, Australia providing local service and distribution for Lifting Solutions products in the Australian market.

Strategic tierRegionalTypeChannel Partner/ Reseller/ Distributor
Description

Regional partner in Bogotá, Colombia providing local service and product distribution for Lifting Solutions products in the South American market.

Strategic tierRegionalTypeChannel Partner/ Reseller/ Distributor
Description

Regional partner in Tampico Altamira, Mexico providing local service and distribution for Lifting Solutions products in the Mexican market.

Recent move5 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight4 records

Each record includes

Type, Description

Peers8 records
TypeDirect peer
Description

Tenaris is a major global manufacturer of seamless steel pipes and sucker rods used in rod-lift applications. Directly comparable to Lifting Solutions' Endless Rod™ offering as both companies serve artificial lift with continuous / coupled rod technology.

TypeDirect peer
Description

Borets is a leading global manufacturer of electric submersible pumps (ESP) and progressing cavity pumps (PCP) for artificial lift. Direct competitor to Lifting Solutions' PCP portfolio and a relevant peer in the broader rod-lift/PCP substitution dynamic.

TypeBroad incumbent
Description

Halliburton's Production Solutions and artificial lift services (including rod-lift optimization, ESP and gas lift) compete head-to-head with Lifting Solutions' lift equipment and North American service fleet among the same upstream customer base.

TypeDirect peer
Description

Netzsch manufactures progressing cavity pumps, rotary lobe pumps and associated service for oil & gas and industrial markets. Comparable to Lifting Solutions' PCP portfolio and shared focus on fit-for-purpose PCP design for upstream well production.

TypeBroad incumbent
Description

SLB provides a full range of artificial lift technologies (ESP, gas lift, rod lift optimization, PCP) alongside its broader oilfield services and digital offerings. A broad incumbent that competes with Lifting Solutions for artificial lift share among major operators.

TypeBroad incumbent
Description

Weatherford offers a broad oilfield services portfolio that includes artificial lift systems (rod lift, ESP, gas lift) and downhole products. A broad incumbent competing with Lifting Solutions for the same operator spend on lift technology and services.

TypeDirect peer
Description

Seepex is a global manufacturer of progressing cavity pumps and pumping systems for industrial and oil & gas applications. Directly comparable to Lifting Solutions' PCP product family in technology, customer overlap, and end use.

TypeDirect peer
Description

NOV's Lufkin business is one of the longest-standing manufacturers of sucker rods, rod lift equipment and artificial lift services. Overlaps directly with Lifting Solutions' Endless Rod™ and service fleet in North American rod lift.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment1 record

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature7 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Lifting Solutions

Artificial Lift Equipment (Oil and Gas Production)liftingsolutionsinc.com

Lifting Solutions Inc. is a private Canadian manufacturer of artificial lift technology, producing Endless Rod™ continuous sucker rods and progressing cavity pumps for global oil and gas operators via direct enterprise sales, a North American service fleet, and an international partner network.

What Lifting Solutions does

Lifting Solutions Inc. is a privately held Canadian manufacturer of artificial lift technology serving global oil and gas operators from its Edmonton, Alberta headquarters. The company's portfolio centers on Endless Rod™, a continuous sucker rod engineered to eliminate the coupling failures that drive downtime and OPEX in conventional sucker rod strings, alongside a family of fit-for-purpose Progressing Cavity Pumps (PivotAL, TorsionAL, Insertable, TaperAL), the GasAL gas separation accessory, and application solutions for coal seam gas and ESPCP. The company self-identifies as the world's largest continuous rod manufacturer and operates the largest artificial lift service fleet in North America.

Manufacturing is split between a ~75,000 sq ft Edmonton facility handling Endless Rod and PCP production, two Bonnyville shops (rod and PCP), and a ~40,000 sq ft Salalah, Oman plant operated as a strategic co-manufacturing partnership with OHI for international supply. The business model combines one-time hardware sales (rods and PCPs) with recurring service revenue from Endless Rod Service, Rod Transport & Repair Units, Truck Mounted Gripper Services, and welder units. Distribution is a hybrid of direct enterprise field sales supported by the in-house service fleet and a regional partner network covering the USA (Snow Well Services), Romania (Endurance Lift Solutions International), Australia (Torque Alliance), Colombia (TTP Well Services), and Mexico (Vordcab). Pricing is quote-based and not publicly disclosed; customer logos and revenue figures are likewise not disclosed in available sources.

Lifting Solutions firmographics

Firmographics
Name
Lifting Solutions
Legal name
Lifting Solutions Inc.
Website
https://liftingsolutionsinc.com
Company type
Private
Founded year
2014
Operating status
Operating
Headcount range
251–500 employees
Short description
Lifting Solutions Inc. is a private Canadian manufacturer of artificial lift technology, producing Endless Rod™ continuous sucker rods and progressing cavity pumps for global oil and gas operators via direct enterprise sales, a North American service fleet, and an international partner network.
Ownership category
akta.pro rank

Lifting Solutions industry classification

Industry
Product category
Artificial Lift Equipment (Oil and Gas Production)
NAICS
Oil and Gas Field Machinery and Equipment Manufacturing (333132), Pump and Compressor Manufacturing (33391)
SIC
Oil & Gas Field Machinery & Equipment (3533), Pumps & Pumping Equipment (3561)
akta.pro primary industry
Production Services & Artificial Lift (ESP, Rod Lift, Gas Lift, Chemicals) (EUALABAH)
akta.pro secondary industries
Oilfield Equipment Manufacturing & Supply (Wellheads, BOPs, Surface Equipment) (EUALABAL), Pump & Compressor Packages (Skids, Booster Sets) (IMAHANAG)

Keywords

  • Artificial lift technology
  • Progressing cavity pumps
  • Continuous sucker rods
  • Rod lift systems
  • Artificial lift services

Where Lifting Solutions is headquartered

Location

Headquarters

HQ city
Edmonton
HQ country
Canada
HQ region
North America

Offices13 records

Markets served

Lifting Solutions business model

Business model
GTM type
B2B
Offering type
Hardware or Manufacturing
Cost components
Supply Chain, Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

  1. Artificial Lift Products: Sale of Endless Rod continuous rod products and Progressing Cavity Pump (PCP) systems to oil and gas operators worldwide. Products are manufactured in Canada and Oman and shipped globally.
  2. Service Equipment and Support: Recurring revenue from service equipment including Endless Rod Units, Rod Transport & Repair Units, Truck Mounted Gripper Services, and Endless Rod Service offerings. The company maintains the largest service fleet in North America.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Lifting Solutions product offering

Product offering

Core offering

Lifting Solutions designs and manufactures artificial lift technology for oil and gas producers, with core products being the Endless Rod continuous sucker rod (in bare and coated variants) and a family of Progressing Cavity Pumps (PivotAL, TorsionAL, Insertable, TaperAL), plus the GasAL gas separation accessory. The company complements these products with field and shop services, including the Endless Rod Service program and service equipment such as Endless Rod Units, Endless Rod Welders, Rod Transport & Repair units, and Truck Mounted Gripper services. Manufacturing is performed in Edmonton, Alberta, and Salalah, Oman, with products shipped globally and supported by regional offices across Canada and the USA.

Product overview

Lifting Solutions offers a unified portfolio of artificial lift technology products and services. The core product lines are Endless Rod™ (continuous sucker rods available in bare and coated variants) and Progressing Cavity Pumps (PCPs) with multiple specialized variants including PivotAL, TorsionAL, Insertable, and TaperAL models. These are complemented by application-specific solutions for coal seam gas and ESPCP, plus the GasAL gas separation accessory. Services include Endless Rod Service, service equipment (Endless Rod Unit, Endless Rod Welder), and mobile field services including Rod Transport & Repair and Truck Mounted Gripper Services. The company also provides a Design My Pump configuration tool for custom PCP solutions. Lifting Solutions positions itself as the world's largest continuous rod manufacturer with the largest service fleet in North America.

Differentiator

Problem solved

Functional benefit

Brands

  • Endless Rod™: Engineered continuous rod designed to improve well performance, stop coupling failures, and lower OPEX.
  • PCP (Progressing Cavity Pumps)
  • Product Track
  • LS Path to Performance
  • GasAL

Products and services

  • Endless Rod™ Continuous Sucker Rod Continuous sucker rod engineered to eliminate coupling failures, improve well performance, extend runlife, and lower OPEX in artificial lift applications; available in bare and coated variants for use by oil and gas operators globally.
  • Progressing Cavity Pumps (PCP Systems) Fit-for-purpose progressing cavity pump systems, including PivotAL, TorsionAL, Insertable, and TaperAL variants, optimized for well production in artificial lift operations across conventional, high-torque, and specialized well applications.
  • GasAL Gas Separation Accessory Gas separation accessory for artificial lift systems designed to handle gas-related challenges encountered in oil and gas well production.
  • Coal Seam Gas Artificial Lift Solution Application-specific artificial lift solution configured for coal seam gas extraction wells, integrating Endless Rod and PCP technologies for use by operators in coal seam gas fields.
  • ESPCP (Electrical Submersible Progressing Cavity Pump) Application Application-specific configuration of progressing cavity pump technology for electrical submersible artificial lift deployments in oil and gas wells.
  • Endless Rod Service Service program providing ongoing maintenance and support for Endless Rod installations, intended to reduce field spend and improve sustainability outcomes for oil and gas operators.
  • Endless Rod Unit (Service Equipment) Dedicated service equipment unit used for Endless Rod installation, handling, and support operations delivered by Lifting Solutions' service fleet.
  • Endless Rod Welder (Service Equipment) Welding equipment designed for the manufacturing, joining, and repair of continuous Endless Rod products in shop and field environments.
  • Rod Transport & Repair Unit Services Mobile rod transport and repair services providing on-site support for moving, maintaining, and repairing rod products across operator well sites.
  • Truck Mounted Gripper Services Truck-mounted gripper services supporting rod handling, installation, and removal operations at oil and gas well sites across Lifting Solutions' service territory.

Quantifiable outcome

  • Stop coupling failures
  • +5 more outcomes

Companies that use Lifting Solutions

Customer profile

Segments1 record

Ideal customer profiles1 record

Lifting Solutions technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature7 records

Lifting Solutions partnerships and signals

Strategic signal

Partnerships

Six partnerships are on record, tiered regional and core.

  • Endurance Lift Solutions InternationalregionalChannel Partner/ Reseller/ DistributorRegional partner located in Negoiesti, Prahova, Romania providing local service and product distribution for Lifting Solutions products in the European region.
  • OHI: Oman Holdings International Co SAOCcoreStrategic or Co-development PartnerStrategic partner and co-manufacturer with Lifting Solutions, operating a manufacturing facility in Salalah, Oman producing Endless Rod products for international markets.
  • Snow Well ServicesregionalChannel Partner/ Reseller/ DistributorRegional partner in Bakersfield, California providing local service and product support for Lifting Solutions products in the US market.
  • Torque AllianceregionalChannel Partner/ Reseller/ DistributorRegional partner in Gympie, Queensland, Australia providing local service and distribution for Lifting Solutions products in the Australian market.
  • TTP Well ServicesregionalChannel Partner/ Reseller/ DistributorRegional partner in Bogotá, Colombia providing local service and product distribution for Lifting Solutions products in the South American market.
  • Vordcab: Grupo VordcabregionalChannel Partner/ Reseller/ DistributorRegional partner in Tampico Altamira, Mexico providing local service and distribution for Lifting Solutions products in the Mexican market.

Scale indicators4 records

Recent moves5 records

Expansion highlights4 records

Lifting Solutions competitors and assessment

Company assessment

Direct peers

  • Tenaris: Tenaris is a major global manufacturer of seamless steel pipes and sucker rods used in rod-lift applications. Directly comparable to Lifting Solutions' Endless Rod™ offering as both companies serve artificial lift with continuous / coupled rod technology.
  • Borets: Borets is a leading global manufacturer of electric submersible pumps (ESP) and progressing cavity pumps (PCP) for artificial lift. Direct competitor to Lifting Solutions' PCP portfolio and a relevant peer in the broader rod-lift/PCP substitution dynamic.
  • Netzsch Pumpen & Systeme: Netzsch manufactures progressing cavity pumps, rotary lobe pumps and associated service for oil & gas and industrial markets. Comparable to Lifting Solutions' PCP portfolio and shared focus on fit-for-purpose PCP design for upstream well production.
  • Seepex: Seepex is a global manufacturer of progressing cavity pumps and pumping systems for industrial and oil & gas applications. Directly comparable to Lifting Solutions' PCP product family in technology, customer overlap, and end use.
  • National Oilwell Varco (NOV) / Lufkin: NOV's Lufkin business is one of the longest-standing manufacturers of sucker rods, rod lift equipment and artificial lift services. Overlaps directly with Lifting Solutions' Endless Rod™ and service fleet in North American rod lift.

Broad incumbents

  • Halliburton: Halliburton's Production Solutions and artificial lift services (including rod-lift optimization, ESP and gas lift) compete head-to-head with Lifting Solutions' lift equipment and North American service fleet among the same upstream customer base.
  • SLB (Schlumberger): SLB provides a full range of artificial lift technologies (ESP, gas lift, rod lift optimization, PCP) alongside its broader oilfield services and digital offerings. A broad incumbent that competes with Lifting Solutions for artificial lift share among major operators.
  • Weatherford International: Weatherford offers a broad oilfield services portfolio that includes artificial lift systems (rod lift, ESP, gas lift) and downhole products. A broad incumbent competing with Lifting Solutions for the same operator spend on lift technology and services.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

Lifting Solutions social profiles

Digital presence

Lifting Solutions financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Lifting Solutions leadership team

Management profile

Number of profiles

Lifting Solutions funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Lifting Solutions M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Lifting Solutions

What does Lifting Solutions do?

Lifting Solutions designs and manufactures artificial lift technology for oil and gas producers, with core products being the Endless Rod continuous sucker rod (in bare and coated variants) and a family of Progressing Cavity Pumps (PivotAL, TorsionAL, Insertable, TaperAL), plus the GasAL gas separation accessory. The company complements these products with field and shop services, including the Endless Rod Service program and service equipment such as Endless Rod Units, Endless Rod Welders, Rod Transport & Repair units, and Truck Mounted Gripper services. Manufacturing is performed in Edmonton, Alberta, and Salalah, Oman, with products shipped globally and supported by regional offices across Canada and the USA.

Is Lifting Solutions a public or private company?

Lifting Solutions is a private company. It is classified as founder individual operated bootstrapped and is currently operating.

When was Lifting Solutions founded?

Lifting Solutions was founded in 2014. It employs 251 to 500 people.

Where is Lifting Solutions based?

Lifting Solutions is headquartered in Edmonton, Canada, in the North America region.

How does Lifting Solutions make money?

Two revenue lines are on record. Artificial Lift Products are the primary driver. The others are service Equipment and Support.

Who are Lifting Solutions's main competitors?

Direct peers on record are Tenaris, Borets, Netzsch Pumpen & Systeme, Seepex and National Oilwell Varco (NOV) / Lufkin. Broad incumbents are Halliburton, SLB (Schlumberger) and Weatherford International.

Does Lifting Solutions have an API?

No public API is recorded for Lifting Solutions.

What industry is Lifting Solutions in?

Lifting Solutions's product category is Artificial Lift Equipment (Oil and Gas Production). Its primary akta.pro industry code is EUALABAH, Production Services & Artificial Lift (ESP, Rod Lift, Gas Lift, Chemicals), with a secondary code of EUALABAL, Oilfield Equipment Manufacturing & Supply (Wellheads, BOPs, Surface Equipment). Its NAICS code is 333132 and its SIC code is 3533.

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Live signals
Pulse 2.0Flowco Acquires Lifting Solutions For $113 Million To Expand Artificial Lift PortfolioFlowco completed its acquisition of Lifting Solutions Energy Services for approximately $113 million in cash, expanding its artificial lift portfolio and international operations. The deal includes up to C$10 million in contingent consideration based on Lifting Solutions' 2027 performance, payable in early 2028. Flowco expects the transaction to be accretive to earnings and free cash flow per share.World OilFlowco expands artificial lift portfolio with $113 million Lifting Solutions acquisitionFlowco completed its acquisition of Lifting Solutions Energy Services for approximately $113 million in cash, adding continuous rod and progressing cavity pump technologies to its artificial lift portfolio. The deal expands Flowco's geographic reach and is funded through borrowings, with contingent consideration up to C$10 million based on 2027 performance.Investing.comFlowco acquires Lifting Solutions for $113 millionFlowco Holdings completed its acquisition of Lifting Solutions Energy Services for approximately $113 million in cash. The deal, funded by borrowings, includes up to C$10 million in contingent consideration based on 2027 performance. Flowco will host a conference call to discuss the acquisition.Business Wire BlogFlowco Broadens Production Optimization Portfolio Through Strategic Acquisition of Lifting SolutionsFlowco Holdings closed its acquisition of Lifting Solutions Energy Services, a Canadian artificial lift technology provider, for approximately $113 million in cash. The deal adds continuous rod and progressing cavity pump technologies, with contingent consideration up to $10 million based on 2027 performance. Flowco expects the transaction to be accretive to earnings and free cash flow per share.Stock TitanFlowco closes about $113M Lifting Solutions acquisitionFlowco closed its acquisition of Lifting Solutions Energy Services for approximately $113 million in cash, based on a CAD/USD rate of 0.71. The deal adds continuous rod and progressing cavity pump technologies, with contingent consideration up to $10 million based on 2027 performance. Flowco expects the transaction to be accretive to earnings and free cash flow per share.The Times of IndiaCop dies after 200-tonne crane at flyover worksite topples on his motorbike on Sion-Panvel Highway in Mankhurd | Mumbai News - The Times of IndiaA 48-year-old Mumbai police constable, Santosh Chavan, was killed when a 200-tonne piling rig machine toppled on his motorcycle at a GMLR flyover construction site on Sion-Panvel Highway in Mankhurd on Tuesday night. Mankhurd police have registered an FIR against officials from SFAR Infratech and Lifting and Lashing Solution India for alleged negligence and recklessness, while BMC's deputy municipal commissioner is conducting an inquiry. The incident caused severe traffic disruption lasting into Wednesday night and marks the second fatal infrastructure worksite accident in Mumbai this year.Hart EnergyFlowco Closes $113MM Lifting Solutions Deal, Expands Artificial Lift PortfolioFlowco Holding Inc. closed its $113 million acquisition of Lifting Solutions Energy Services, expanding its artificial lift business and later-life well applications. The deal adds Lifting Solutions' capabilities to Flowco's portfolio.PR NewswireImproving the Oil & Gas Sector - One Lift at a TimeLifting Solutions, a Canadian artificial lift manufacturing and service company headquartered in Edmonton, Alberta, has expanded into the US market by establishing bases in Midland, Texas and Williston, North Dakota to service the Permian Basin and Bakken oil field regions. The company's engineered Endless Rod® technology is designed to increase oil well run times and lower client operating expenses while supporting ESG goals. Founded in 2014, Lifting Solutions employs over 250 people across 12 facilities in North America and serves clients globally, including in South America, the Middle East, Eastern Europe, the Far East, and Australia.GlobeNewswireLifting Solutions Inc. Acquires Canadian Continuous Rod Service Assets from Multinational Service CompanyLifting Solutions completed the acquisition of all Canadian continuous rod service assets from a multinational oilfield services company. The deal expanded its fleet to 320 pieces and added 120 employees, doubling its head count. The company plans to leverage economies of scale to reduce lifting costs for clients.