DXP Enterprises Acquires Moores Pump & Services
July 1, 2025
DXP Enterprises, Inc. (NASDAQ: DXPE) has completed the acquisition of Moores Pump & Services, Inc., a full-service fabricator and repair provider of rotating equipment and pumping systems headquartered in Broussard, Louisiana. The business — which generated approximately $10.3 million in sales and $1.8 million of adjusted EBITDA for the trailing twelve months ended May 30, 2025 — will expand DXP's rotating equipment division and Gulf Coast service capabilities; the deal was funded from DXP's balance sheet.
- Buyers
- DXP Enterprises, Inc.
- Targets
- Moores Pump & Services, Inc.
- Industry
- Industrial Services
- Location
- Louisiana, United States
- Transaction Type
- Buyout
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