INVX News

Innovex Downhole Solutions, which provides engineered well products for the oil and natural gas industry, withdrew its plans for an initial public offering on Tuesday. It originally filed in January 2024 with a proposed deal size of $100 million. In March, Innovex announced that it planned to merge with drilling equipment maker Dril-Quip (NYSE: DRQ). The Humble, TX-based company...read more

The 2024 IPO market is starting off strong, thanks to a wave of large additions in the pipeline. In the first 10 days of the year, seven companies have filed to raise $100 million or more, matching or outpacing each of the past 10 years. The uptick in sizable new filings provides an early indicator that the IPO drought is about to end. While we don’t expect 2024 to be an...read more

While the calendar was quiet this past week, six IPOs joined the pipeline, two of which we estimate could raise $1 billion or more. Sports equipment and apparel maker Amer Sports (AS) filed to raise an estimated $2 billion. The Finland-based company’s portfolio contains major brands like Arc’teryx, Salomon, Wilson, and Louisville Slugger, and its...read more

Innovex Downhole Solutions, which provides engineered well products for the oil and natural gas industry, filed on Friday with the SEC to raise up to $100 million in an initial public offering. Innovex designs, manufactures, sells, and rents mission critical engineered products to the global oil and natural gas industry. Its products are used across the lifecycle of the well...read more