DXP Enterprises Acquires Pro-Seal, Inc.

March 5, 2024

DXP Enterprises, Inc. (NASDAQ: DXPE) completed the acquisition of Pro-Seal, Inc., a distributor of pumping systems, fluid sealing products and related services headquartered in Pontiac, Michigan. The deal (signed March 1, 2024) expands DXP's geographic footprint in the Great Lakes region and Alaska and is expected to be accretive to earnings; Pro-Seal reported approximately $19.9 million in trailing twelve-month sales and $1.5 million adjusted EBITDA.

Targets
Pro-Seal, Inc.
Location
Michigan, United States
Transaction Type
Buyout

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