DXP Enterprises, Inc. Announces Acquisition of Triangle Pump & Equipment, Inc.

Core Viewpoint - DXP Enterprises, Inc. has completed the acquisition of Triangle Pump & Equipment, Inc., enhancing its capabilities in the water and wastewater industry and expanding its geographic reach [1][2][3]. Company Overview - DXP Enterprises, Inc. is a leading distributor of products and services, providing solutions to industrial customers across the United States, Canada, Mexico, and Dubai [5]. - The company specializes in innovative pumping solutions, supply chain services, and maintenance, repair, operating, and production (MROP) services [5]. Acquisition Details - Triangle Pump & Equipment, Inc. is a manufacturer’s representative and distributor focused on the water and wastewater industry, with sales of approximately $15.1 million and adjusted EBITDA of about $2.4 million for the twelve months ending June 30, 2025 [3][4]. - The acquisition was funded with cash from DXP's balance sheet, and the definitive agreement was signed on November 1, 2025 [2][3]. Strategic Implications - The acquisition is expected to enhance DXP's Water division by providing new geographic territories and capabilities, furthering its mission to build a comprehensive platform for municipal and industrial water and wastewater treatment markets [4][7]. - DXP aims to continue scaling its operations with more acquisitions planned for 2026, indicating a strategic focus on growth in the water and wastewater sector [4][7].