DXP Enterprises, Inc. (NasdaqGS:DXPE) acquired Triangle Pump & Equipment, Inc. on November 1, 2025. DXP funded the acquisition with cash from the balance sheet.
For the period ending June 30, 2025, Triangle Pump & Equipment, Inc. reported total revenue of $15.1 million and EBITDA of $2.4 million.
DXP Enterprises, Inc. (NasdaqGS:DXPE) completed the acquisition of Triangle Pump & Equipment, Inc. on November 1, 2025.
DXP Enterprises, Inc. is a products and service distributor that offers solutions to industrial customers throughout the United States, Canada, Mexico and Dubai. It provides pumping solutions, supply chain services and maintenance, repair, operating and production (MROP) services. Its segments include Service Centers (SC), Innovative Pumping Solutions (IPS), and Supply Chain Services (SCS). SC segment is engaged in providing MRO products, equipment and integrated services, including logistics capabilities, to business-to-business customers. IPS segment fabricates and assembles custom-made pump packages, re-manufactures pumps, manufactures branded private label pumps, and provides products and process lines for the water and wastewater treatment industries. SCS segment provides a range of MRO products and manages all or part of a customer's supply chain, including warehouse and inventory management. It also provides vacuum pump sales, repair and maintenance.