Following the demise of Mania Pro Wrestling in early 2002, it seemed like the possible revival of the long-dormant New Zealand pro-wrestling scene was well and truly dead, and the ring lights had once again been turned off for another decade or two. However, thanks to the determination of the core group of talent that made up MPW, Impact Pro Wrestling was born and aimed to fill the void that had been left. The idea of IPW was simple, a wrestling promotion that was owned and operated by the wrestlers themselves. Sadly, getting IPW up and running was not quite that simple. Impact Pro Wrestling may have had a passionate group of talented wrestlers behind them, but they were lacking training facilities and a ring.

Only a matter of weeks after the demise of MPW, IPW made their first public appearance at the Armageddon Pulp Culture Expo in Auckland. The organisers had to ship up a ring from Wellington just so that the show could go ahead, but it turned out to be money well spent as IPW stole the show, drawing huge crowds every day to witness the hard-hitting athletic action. It was a totally rejuvenated product, and the message was sent loud and clear that IPW was here to stay.

Behind the scenes, the foundations of the company were being built up. Charles Warner, Cameron Bailey, and Nick Fergusson were elected directors of the company, and the core group of around 20 wrestlers set about the arduous task of saving up $10,000 in order to buy a wrestling ring that would allow IPW to begin running regular self-promoted shows. The funds grew weekly, but the wrestlers were frustrated by having to train on gym mats in a recreation centre in South Auckland, with no creative outlet for their efforts. IPW's only other public appearance in 2003 was at the Armageddon Expo in Wellington, which saw the talent get their first opportunity to showcase themselves outside of Auckland, and they managed to impress an audience that had never seen them before. By the end of 2003, the financial target had just about been reached, and the dawning of the true rebirth of professional wrestling in Auckland appeared to be near.

The ring was built in early 2004, and on May 15th, IPW held its first independently promoted show, appropriately titled Genesis. The show managed to turn a profit (no small feat for a independent wrestling promotion) and perhaps even more importantly, got rave reviews from the fans in attendance that night. Since then, Impact Pro Wrestling has promoted a show just about every month, while still appearing at the Armageddon expos in both Auckland and Wellington. With a loyal core fan base that seems to grow just a little bit more at every show, the only way for IPW to go is forwards.

Impact Pro Wrestling functions under the guidance of directors Charles Warner and Cameron Bailey, both of whom appeared on TV1's Close Up programme promoting IPW and trying to spread the word to the many fans of pro wrestling in New Zealand. IPW talent have also appeared on TV3's 'Nightline' and radio station The Rock's 'Morning Rumble'.

IPW engage in regular talent exchanges with Queensland-based promotion Major Impact Wrestling, with several IPW wrestlers appearing regularly on MIW shows, and MIW talent performing at the inter-promotional show 'Rival Turf' in Auckland in August 2004. In addition to regularly crossing the Tasman, in late 2004 former IPW Heavyweight Champion The Machine toured the United States and Canada appearing at various independent wrestling shows. IPW is currently based in Lynfield, having held their monthly shows at the local YMCA there since November.