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CM - Developments & Trends Briefs - June 21, 2019
Intervale Capital portfolio company Innovex Downhole Solutions, Inc. bought artificial lift accessory company Quick Connectors, Inc. and its exclusive Permian distributor Enerserv. Innovex provides well-centric products and technologies for the oil and gas industry; designing, manufacturing and installing well construction, completion and production solutions onshore and offshore. Private equity group Intervale, with $1.3 billion in committed capital, is currently investing from its third fund. It has backed Innovex since 2008. Prudential Capital Group invested an undisclosed amount in Soltage, which has over 100 solar projects and 300 MW of generation......
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