<ARTICLE> 5 <LEGEND> THE FINANCIAL DATA SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM INNOVATIVE VALVE TECHNOLOGIES, INC. AND SUBSIDIARIES FORM 10-Q FOR THE QUARTERLY PERIOD ENDED JUNE 30, 1999 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-END> JUN-30-1999 <CASH> 0 <SECURITIES> 0 <RECEIVABLES> 32,552,289 <ALLOWANCES> 1,615,332 <INVENTORY> 27,377,358 <CURRENT-ASSETS> 65,300,383 <PP&E> 39,380,036 <DEPRECIATION> 21,096,259 <TOTAL-ASSETS> 182,242,949 <CURRENT-LIABILITIES> 97,927,211 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 9,665 <OTHER-SE> 70,613,875 <TOTAL-LIABILITY-AND-EQUITY> 182,242,949 <SALES> 87,103,006 <TOTAL-REVENUES> 87,103,006 <CGS> 60,902,043 <TOTAL-COSTS> 60,902,043 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 6,197,396 <INCOME-PRETAX> (5,807,692) <INCOME-TAX> (546,488) <INCOME-CONTINUING> (5,261,204) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (5,261,204) <EPS-BASIC> (0.54) <EPS-DILUTED> (0.54)