Innovex Completes Acquisition of Drilling Innovative Solutions

Key Terms

float valves technical

A float valve is a simple mechanical device that opens or closes a water or liquid inlet based on the level inside a tank, using a buoyant arm or float like a thermostat for liquids. Investors care because these valves help keep processes running smoothly, prevent spills or dry runs, and reduce downtime and maintenance costs; failures can signal operational risks, safety issues, or regulatory non‑compliance that may affect a company’s expenses and reputation.

cement retaining collar technical

A cement retaining collar is a mechanical device installed on well casing to hold freshly placed cement in the right spot inside a drilled well until it hardens, much like a collar or ring that keeps wet plaster from slumping before it sets. Investors should care because proper placement and cure of cement are essential for well integrity, preventing leaks, ensuring production zones are isolated, and reducing regulatory, environmental and costly remediation risks.

bridge plug technical

A bridge plug is a temporary mechanical seal set inside an oil or gas well to isolate a section of the wellbore, like inserting a cork into part of a bottle so you can work on or close off the space above or below it. For investors, bridge plugs matter because they enable testing, repairs, staged production, or safe abandonment; their use affects operating costs, downtime, regulatory compliance and the timing of cash flows from a well.

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HOUSTON--(BUSINESS WIRE)-- Innovex International, Inc. (NYSE: INVX) (the “Company” or “Innovex”) is pleased to announce that it has completed the acquisition of Drilling Innovative Solutions, LLC (“DIS”).

Founded in 2013 by a team of industry experts, DIS has a proven track record of helping operators realize significant savings through innovative solutions that consolidate or eliminate costly operations.

By integrating DIS’s product offering and expertise into its broader platform, Innovex expects to enhance its portfolio of “big-impact, small ticket” products, allowing the Company to deliver additional value to its global customer base.

DIS’s unique float valves (Sentinel and Defender) represent significant advancements in float equipment design, while the Gatekeeper Cement Retaining Collar offers a superior alternative to conventional packer and bridge plug cement retainers.

“Our complementary product portfolios along with our global reach offer an exceptional opportunity for us to expand DIS’s unique and interesting products into other geographies,” said Adam Anderson, CEO of Innovex. “Their success with major operators in the Gulf allows us to blend our portfolios and strengthen our competitive position there.”

Advisor

Freitag & Co. LLC worked as the exclusive financial advisor to DIS.

About Innovex

Innovex International, Inc (NYSE: INVX) is a Houston-based company established in 2024 following the merger of Dril-Quip, Inc and Innovex Downhole Solutions.

Our comprehensive portfolio extends throughout the lifecycle of the well; and innovative product integration ensures seamless transitions from one well phase to the next, driving efficiency, lowering cost, and reducing the rig site service footprint for the customer.

With locations throughout North America, Latin America, Europe, the Middle East and Asia, no matter where you need us, our team is readily available with technical expertise, conventional and innovative technologies, and ever-present customer service.

About Drilling Innovative Solutions

Drilling Innovative Solutions, LLC manufactures and distributes revolutionary patented products to the oil and gas industry. Our goal is to provide tools that meet or exceed the most rigorous regulatory and industry standards.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260420815469/en/

Media Relations:
Nichola Alexander, Senior Director of Marketing
nichola.alexander@innovex-inc.com

Source: Innovex Downhole Solutions, Inc.