DXP Enterprises Acquires Alliance Pump & Mechanical Service
November 1, 2023
DXP Enterprises, Inc. (NASDAQ: DXPE) has completed the acquisition of Alliance Pump & Mechanical Service, Inc., a municipal and industrial pump sales, service, and repair company based in Independence, Missouri. The transaction, funded with cash on DXP's balance sheet, expands DXP's North Central regional footprint and enhances its pump repair capabilities and end-market mix.
- Buyers
- DXP Enterprises, Inc.
- Targets
- Alliance Pump & Mechanical Service, Inc.
- Industry
- Industrial Services
- Location
- Missouri, United States
- Transaction Type
- Buyout
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