Innovex International Acquires Citadel Casing Solutions

Innovex Downhole Solutions Acquires Rubicon Oilfield International

November 10, 2020

Energy

Innovex Downhole Solutions entered into a definitive agreement to acquire Rubicon Oilfield International, creating a combined global provider of downhole products and technical services for the oil and gas industry. The deal, expected to close in early 2021, brings together Innovex's U.S. operations and Rubicon's international footprint to expand product offerings, geographic reach and service capabilities; terms were not disclosed.

Innovex Downhole Solutions and Dril-Quip Merge to Form Innovex International

September 6, 2024

Oil & Gas

Innovex Downhole Solutions and Dril-Quip, Inc. have completed their previously announced merger to form Innovex International, Inc., a Houston-area–based energy industrial platform that will begin trading on the NYSE under the ticker INVX. The combined company brings together complementary downhole technologies and manufacturing/service capabilities to support onshore and offshore upstream oil and gas activities.

Innovex International Acquires Remaining Equity of Downhole Well Solutions

December 2, 2024

Oil & Gas

Innovex International (NYSE: INVX) has completed the acquisition of the remaining equity ownership of Downhole Well Solutions, LLC (DWS), having made a prior minority investment in May 2023. The acquisition brings DWS's proprietary drilling optimization and friction-reduction rental tools into Innovex's product portfolio to expand its downhole technology offerings and support growth in US Land and international markets.

Innovex Acquires Pride Energy Services from Vault Pressure Control

August 22, 2021

Energy

Innovex Downhole Solutions acquired Pride Energy Services from Vault Pressure Control (a portfolio company of Pelican Energy Partners). Pride, headquartered in Midland, Texas, is a leading provider of ESP cable preparation and cable spooling services supporting Permian, Bakken and Alaska operations; the acquisition expands Innovex's artificial-lift and cable-management capabilities.

iNovex Acquires Secure Innovations

June 1, 2023

Cybersecurity

iNovex, a cybersecurity and intelligence platform backed by Enlightenment Capital, has acquired Secure Innovations, a cybersecurity firm serving intelligence and defense customers. Terms were not disclosed; Secure Innovations CEO Doug Jeruzal will remain with the combined business as iNovex expands its defensive cyber, systems security engineering and security automation capabilities.

Xalles Holdings Acquires Capital Innovations Management (CIM)

March 21, 2023

Staffing & HR

Xalles Holdings Inc. (OTC: XALL) executed an agreement to acquire Texas-based Capital Innovations Management, LLC (CIM), which will become a wholly owned subsidiary under Xalles Technology Inc. CIM — a Houston-area domestic staffing firm expected to contribute roughly $4 million in 2023 — will receive VGR Technology Partners' domestic staffing portfolio as part of the transaction to focus VGR on international staffing.