---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-270295"
form_type: "8-K"
ticker: "INVX"
cik: "0001042893"
company_name: "Innovex International, Inc."
filed_at: "2026-06-15T11:30:19+00:00"
generated_at: "2026-06-15T11:35:24.519879+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Innovex to acquire TCO Group for $95M; expects 13% EPS accretion, 14% ROCE

## Summary
- Purchase price ~$95M: $30M in stock (~1.06M shares at ~$28.20 VWAP) and $65M cash.
- TCO Group FY2025 revenue ~$70M, net income $12.4M, Adjusted EBITDA $17.6M (25% margin).
- Closing expected early Q3 2026; seller has 6-month lock-up on consideration shares.
- Transaction expected ~13% accretive to Innovex EPS (based on 2025 pro forma).
- TCO Group provides well completion tools, including barrier plugs, perforating services, chemical injection systems.

## SEC filing metadata
- accession: 0001193125-26-270295
- form_type: 8-K
- ticker: INVX
- cik: 0001042893
- company_name: Innovex International, Inc.
- filed_at: 2026-06-15T11:30:19+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 3.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1042893/000119312526270295/0001193125-26-270295-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1042893/000119312526270295/invx-20260615.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-270295
- JSON: https://secwatch.observer/filing/0001193125-26-270295.json
- Plain text: https://secwatch.observer/filing/0001193125-26-270295.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.