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Stock impact report

DXP Enterprises, Inc. Announces Acquisition of Pump Solutions, Inc.

DXP Enterprises, Inc. (DXPE) 
Last dxp enterprises, inc. earnings: 3/6 08:00 am Check Earnings Report
Company Research Source: Business Wire
Furthers DXP’s National Water & Wastewater effortsDeepens presence in TexasStrong Service & Repair Capabilities Attractive Margins and Cash Flow HOUSTON--(BUSINESS WIRE)--DXP Enterprises, Inc. (NASDAQ: DXPE) today announced that it has completed the acquisition of Pump Solutions, Inc. (“Pump Solutions”). Founded in 1999, Pump Solutions is headquartered in New Caney, Texas and operates out of four locations servicing Texas.Pump Solutions is a leading distributor of pumps, controls, and related service & repair focused on serving the water and wastewater industry. DXP funded the acquisition with cash from the balance sheet.“We are pleased to announce the acquisition of Pump Solutions. Pump Solutions adds another great company to our water and wastewater platform. Pump Solutions provides DXP with an exceptional business that leads with service, accompanied by tremendous technical sales expertise. Pump Solutions provides us with another clear leader in our home market of Texas,” comme Show less Read more
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