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Industries
Consulting
Industrial & Manufacturing
Energy
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Houston, Texas
Founded
1908
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Funded Over
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DXP Enterprises (NASDAQ: DXPE) has acquired Arroyo Process Equipment, a Florida-based distributor of pumps and process equipment, for $26.3 million in sales and $1.3 million in adjusted EBITDA. The acquisition, signed on January 31, 2025, was funded with cash from DXP's balance sheet. This strategic move enhances DXP's presence in Florida and diversifies its market reach across asphalt, mining, industrial water, and chemical sectors. Arroyo operates from three locations in Florida.
DXP Enterprises, Inc. (NASDAQ: DXPE) today announced that is has completed the acquisitions of Burt Gurney & Associates (“BGA”) and MaxVac Inc. (“
DXP Enterprises (NASDAQ: DXPE) has acquired Burt Gurney Associates and MaxVac Inc. for a combined sales and adjusted EBITDA of $11.7 million and $1.6 million, respectively, for the year ending September 30, 2024. BGA, based in Omaha, specializes in municipal water and wastewater treatment, while MaxVac, in California, focuses on vacuum pump services for various markets. These acquisitions, funded with cash, enhance DXP's geographic reach and market diversification.
DXP Enterprises secures $649.5M refinancing, boosting acquisition strategy. Learn how this move cuts costs, extends loan maturity, and positions the company for growth amid rising sales and EBITDA.
HOUSTON - DXP Enterprises, Inc. (NASDAQ: DXPE) today announced that it has closed on refinancing existing Senior Secured Term Loan B ("TLB") borrowings and raising an incremental $105 million in TLB borrowings.
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Industries
Consulting
Industrial & Manufacturing
Energy
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Houston, Texas
Founded
1908
Find jobs on Simplify and start your career today