en.Wedoany.com Reported - Innovex International, Inc. announced the completion of its acquisition of Drilling Innovative Solutions, LLC. This transaction will integrate DIS's innovative solutions to deliver greater value to Innovex's global customer base.

Founded in 2013 and led by a team of industry experts, DIS is dedicated to helping oil and gas operators reduce operational costs through advanced technology. Its product line includes Sentinel and Defender float valves, which represent significant advancements in float equipment design, while the Gatekeeper cement retainer ring provides an efficient alternative to traditional packers and bridge plugs.

Adam Anderson, CEO of Innovex, stated, "Our complementary product portfolios and global network create opportunities to extend DIS technologies into other markets. DIS's proven success with major operators in the Gulf of Mexico will enhance our competitiveness in that region." By integrating DIS's product lines and expertise, Innovex aims to optimize its "big impact, small footprint" strategy and enhance its overall service capabilities.

Freitag & Co. LLC served as the exclusive financial advisor to DIS for this transaction. Headquartered in Houston, Innovex International was formed in 2024 through the merger of Dril-Quip, Inc. and Innovex Downhole Solutions. Its operations span North America, Latin America, Europe, the Middle East, and Asia, providing comprehensive well lifecycle solutions.

Drilling Innovative Solutions focuses on developing patented tools for the oil and gas industry, committed to meeting stringent industry standards. This acquisition is expected to drive innovation in Innovex's drilling technology sector, offering customers more efficient and cost-effective operational support.

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