Innovex completed the acquisition of Downhole Well Solutions.

Innovex, a provider of products and technologies to the oil and gas industry, completed the acquisition of Downhole Well Solutions, a provider of proprietary drilling optimization and friction reduction tools. Financial terms were not disclosed. “This acquisition adds another industry leading technology to Innovex’s product portfolio, enabling Innovex to offer customers a more complete portfolio. DWS has established a culture that is an excellent fit with Innovex’s ‘No Barriers’ culture, and we look forward to working together to deliver superior growth, cash flow, and returns for our shareholders,” Adam Anderson, Innovex CEO.