DXP Enterprises Inc. has completed the acquisitions of PREMIERflow, LLC and Mid Atlantic Storage Systems Inc., expanding their presence in water, wastewater, fire protection and data center markets, the company said.
Financial terms were not disclosed. DXP funded the transactions with cash from its balance sheet. Definitive agreements for both acquisitions were signed Jan. 1.
For the 11 months ending Nov. 30, the two companies generated combined sales of approximately $93.7 million and adjusted earnings before interest, taxes, depreciation, and amortization of about $20.9 million, DXP said. The company defined adjusted EBITDA as income before tax plus interest, depreciation and amortization, and nonrecurring items not expected to continue after the acquisitions.
The transactions expand DXP’s Innovative Pumping Solutions segment and support its strategy to grow in infrastructure-related end markets, Chair and Chief Executive Officer David Little said.
“We are pleased to announce these acquisitions and start the year off with great additions to our Innovative Pumping Solutions business segment,” Little said in a statement. “Each company provides DXP with exceptional project capabilities that will enhance our efforts and our ability to collaborate and serve our customers as well as grow our existing platforms.”
PREMIERflow provides integrated fluid-handling pump systems serving fire protection, water and wastewater supply, data center and heating, ventilation, and air conditioning process industries. Mid Atlantic Storage Systems, founded in 1984 and headquartered in Washington Court House, Ohio, supplies liquid storage tank products and related services to customers in the water and wastewater, leachate, data center, and fire suppression markets.
DXP Chief Financial Officer Kent Yee said the acquisitions add more than 185 employees and further diversify the company’s product offerings, services, and end-market exposure.
“Combined, these acquisitions complement DXP while diversifying our products, services and end market exposure,” Yee said. “We anticipate these acquisitions to be accretive to earnings and will provide us with momentum going into 2026.”
CM Pump Consultants functioned as business adviser to PREMIERflow, with Kane Kessler, P.C. serving as legal counsel. Footprint Capital served as lead adviser to Mid Atlantic Storage Systems, with Ice Miller LLP acting as legal counsel. Norton Rose Fulbright served as legal counsel to DXP.
DXP Enterprises distributes products and services to industrial customers across the United States, Canada and Dubai through its service centers, innovative pumping solutions, and supply chain services segments.
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