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DXP Enterprises, Inc. Announces Acquisition of APSCO, LLC

1. DXP Enterprises completed the acquisition of APSCO, enhancing its market presence. 2. APSCO specializes in pumps and controls for the water and wastewater industry.

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$129.791610/03 02:36 PM EDTEvent Start
$126.9710/04 08:40 PM EDTLatest Updated
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FAQ

Why Bullish?

Acquisitions typically enhance growth prospects; historic cases show price increases post-acquisition.

How important is it?

The acquisition of APSCO is likely to boost revenues and operational capabilities for DXPE.

Why Long Term?

Integration of APSCO may take time but could significantly expand DXP’s market share.

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WTSITTXYL
HOUSTON--(BUSINESS WIRE)-- #ACCRETIVE--DXP Enterprises, Inc. (NASDAQ: DXPE) today announced that it has completed the acquisition of APSCO, LLC (“APSCO”). Founded in 1986, APSCO is headquartered in Redmond, Washington servicing Alaska, Colorado, Hawaii, Idaho, Montana, Oregon, Washington, and Wyoming and surrounding markets. APSCO is a leading manufacturer's representative of pumps, controls and process equipment focused on serving the water and wastewater industry. DXP funded the acquisition with cash from.

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