Akin Advises Innovex International in Agreement to Acquire TCO Group

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(Houston) – Akin advised Innovex International, Inc. (Innovex) in its agreement to acquire TCO Group AS in a cash and stock transaction valued at $95 million. The transaction is expected to close early in the third quarter of 2026.
The acquisition is aligned with Innovex’s strategy of assembling a portfolio of market-leading, capital-efficient products that are essential to their customers’ operations. It also strengthens Innovex’s presence in Norway and the UAE, two important markets where they see significant long-term opportunity.
The Akin team was led by energy partner Mary Lovely and included capital markets partner Bryan Flannery, senior counsel Alexandra Reuss and counsel Karen Liu; and energy associate Hailey Marino.
For additional information on the transaction, please click here.
Akin is a leading international law firm with more than 1,000 lawyers in offices throughout the United States, Europe, Asia and the Middle East.
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