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DXP Enterprises, Inc. Announces Acquisition of Triangle Pump & Equipment, Inc.
Businesswire· 2025-11-03 22:25
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].
Power and Presence: American Water Joins National Panel at Women in Water & Wastewater Conference
Businesswire· 2025-10-21 17:07
Core Insights - American Water is the largest regulated water and wastewater utility company in the U.S. [1] - The company participated in the 2025 Leadership Conference for Women in Water & Wastewater, which was hosted virtually by EUCI on October 21-22 [1] - The conference brought together leaders from the utility sector to discuss topics such as executive leadership, operational excellence, and community impact [1] Company Participation - American Water's involvement in the conference highlights its commitment to leadership and diversity within the utility sector [1] - Denise Venuti Free, Vice President of External Communications at American Water, represented the company at the event [1] Industry Context - The conference serves as a platform for discussing critical issues facing the water and wastewater industry, emphasizing the importance of leadership and community engagement [1]
DXP Enterprises, Inc. Announces Acquisition of APSCO, LLC
Businesswire· 2025-10-03 18:26
Core Insights - DXP Enterprises, Inc. has completed the acquisition of APSCO, LLC, enhancing its water and wastewater platform [1][3] - APSCO, founded in 1986, is a leading manufacturer's representative in the water and wastewater industry, servicing multiple states [2][4] - The acquisition was funded with cash from DXP's balance sheet, indicating a strategic investment in expanding its market presence [2][5] Financial Summary - APSCO reported sales of approximately $12.9 million and adjusted EBITDA of $1.5 million for the twelve months ending July 31, 2025 [4] - Adjusted EBITDA is defined as income before tax, plus interest, depreciation, amortization, and non-recurring items, minus go-forward selling costs [4] Strategic Implications - The acquisition is expected to enhance DXP's product and aftermarket service capabilities, contributing to the growth of its DXP Water platform [3][5] - DXP aims to continue its acquisition strategy in the water and wastewater sector, with plans for further acquisitions into 2026 [5]
Birchtech to Exhibit at Upcoming Water Industry Conferences
Globenewswire· 2025-09-10 12:31
Core Viewpoint - Birchtech Corp. is actively participating in major water and wastewater industry conferences to promote its innovative water treatment solutions and establish its presence in the water remediation sector [1][5][6]. Conference Participation - Birchtech will exhibit at the WaterPro Conference from September 15-17, 2025, in New Orleans, Louisiana, at Booth 528 [2]. - The company will also participate in the WEF Technical Exhibition & Conference (WEFTEC 2025) from September 27 to October 1, 2025, in Chicago, Illinois, at Booth 3353 [3]. Product and Service Promotion - At these conferences, Birchtech's staff will promote the Design Center's Analytical Services, which help utilities assess contaminant levels and determine effective water treatment solutions [4]. - The company emphasizes its media-agnostic approach, allowing it to provide tailored solutions based on operational needs, contaminant types, and regulatory requirements [4]. Market Engagement - CEO Richard MacPherson highlighted the importance of these conferences for connecting with potable water utilities, engineering firms, and service providers [5][6]. - WEFTEC is noted as the world's leading water quality conference, attracting over 20,000 water professionals and potential customers [6]. Company Overview - Birchtech Corp. specializes in activated carbon and water treatment technologies, focusing on sustainable solutions for air and water purification [7]. - The company is recognized for its patented SEA sorbent technologies aimed at capturing mercury emissions and is developing innovative water purification technologies targeting forever chemicals like PFAS and PFOS [7].