DXP Enterprises, Inc. has acquired Cisco Air Systems, Inc., a distributor of air compressors and related products and services focused on the food & beverage, transportation and general industrial markets in the Northern California and Nevada territories.
“We are pleased to announce the acquisition of Cisco and the first-tier capabilities, strong leadership and complete business model as part of our air compressor growth efforts. We are excited to have Cisco join the DXP family. Cisco provides DXP with exceptional sales expertise that will enhance our efforts and our ability to collaborate and serve our customers,” DXP CEO David Little said.
Sales and adjusted EBITDA for Cisco for the past 12 months ending March 31, 2022, were approximately $43.2 million and $7 million, respectively.