Impact Selector and Wireline Engineering announce strategic combination

DALLAS, Texas -- Impact Selector and Wireline Engineering have announced that the companies are joining forces through a strategic transaction.

The combination brings together industry leaders in the design, development and deployment of the most technically-innovative products and solutions for mitigating risks during well evaluation and intervention operations.

With locations in the UK, U.S., Southeast Asia and the Middle East, the combined company is positioned to serve its global oil and gas industry customers in the most actively producing regions throughout the world.

The senior management team of Wireline Engineering, including directors Alan Gordon, Alistair Inglis and Don Mitchell, are joining Impact Selector following its acquisition of Wireline Engineering.

David Lane, president and CEO of Impact Selector, said, “The combination of Wireline Engineering and Impact Selector perfectly aligns with our vision of being the most reliable and trusted provider of conveyance technology solutions that mitigate risk, enhance efficiencies and improve safety for customers working in the oil and gas industry worldwide. This new partnership of employees, products, services, and locations further expands our capabilities to provide operating efficiencies and cost saving solutions to our customers.”

Todd Tomlin, partner of Turnbridge Capital, commented, “In December of last year, we had the opportunity to join with the managers and employees of Impact Selector in the recapitalization of their company. Together, our goals include further product line growth and geographic expansion. The combination with Wireline Engineering accelerates the pursuit of these strategies, and we are very excited about the product and market strengths now resident in the combined company.”