- Leading edge capital project capabilities in the fire, water, and other key markets
- Adds integrated pump systems geography and capabilities
- Furthers DXP’s National Water & Wastewater efforts
- Continues to accelerate end market diversification
- Attractive growth opportunities, margins, and cash flow
DXP Enterprises, Inc. (NASDAQ: DXPE) today announced that it has completed the acquisitions of PREMIERflow, LLC (“PREMIERflow”), and Mid Atlantic Storage Systems Inc. ("Mid Atlantic”). Financial terms of the transactions were not disclosed. DXP funded the acquisitions with cash from the balance sheet.
PREMIERflow is a leading provider of integrated fluid handling pump systems that service the fire protection, water & wastewater supply, data center, and HVAC process industries.
Founded in 1984, Mid Atlantic Storage Systems, headquartered in Washington Court House, Ohio, is a leading one-stop solution provider of liquid storage tank products and related services focused on servicing customers in the water & wastewater, leachate, data center, and fire suppression markets.
“We are pleased to announce these acquisitions and start the year off with great additions to our Innovative Pumping Solutions business segment. We are excited to have PREMIERflow, and Mid Atlantic join the DXP family. 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. These acquisitions are consistent with our growth strategy and demonstrate our commitment to expanding DXP into varied end markets as well as maintaining our leading position as the largest distributor of rotating equipment in North America,” commented David Little, Chairman and Chief Executive Officer of DXP.
Signing of definitive agreements occurred on January 1, 2026. Sales and adjusted EBITDA were approximately $93.7 million and $20.9 million, respectively, for the eleven months ending November 30, 2025. Adjusted EBITDA was calculated as income before tax, plus interest, plus depreciation and amortization, plus non-recurring items that will not continue after the acquisition.
Marvin Yoder, President PREMIERflow commented, "We have watched DXP’s growth and development and we are excited to become a part of their outstanding, dynamic team. Our expertise in the integrated fire and water pump systems market will complement DXP's breadth of technical products and services. We are aligned with our core belief that solving customers’ problems and offering cost effective solutions should be our top priority. This transaction will not only allow us to continue with our existing marketing strategies, but gives us additional products, services and resources to better serve our customers and compete across North America."
"We are excited to utilize PREMIERflow’s experience to bolster our market share throughout the United States. Their expertise in the fire, and water markets as well as their presence in data centers will complement DXP's focus on growing key markets. This transaction will not only allow us to continue with our existing marketing strategies, but also, gives us additional capabilities and resources to better serve our customers," added David Little.
Kyle Butts, President of Mid Atlantic Storage Systems commented, "Our expertise in the water and wastewater and leachate markets around tanks will complement DXP's approach to building the DXP Water platform while providing a breadth of technical products and services and a one-stop solution for customers. This transaction will give us additional resources to better serve the market as we continue to grow and scale. We are also incredibly pleased that each of Mid Atlantic’s employees is being given the opportunity to develop their careers in such an exciting and supportive environment. This transaction will be great for our customers and key suppliers as well."
David Little concluded, “We are pleased to have PREMIERflow and Mid Atlantic as part of the DXP family. Both are quality companies with great people. We look forward to our collective success and driving towards creating a world-class Rotating Equipment and Water business. By adding this experienced team and strategic offering to our suite of products and services, we will provide a comprehensive offering to our customers. We appreciate the support of our vendors and suppliers, and we look forward to our future success together.”
Kent Yee, Chief Financial Officer, stated "We continue to execute on our strategic priorities and strategy of making acquisitions in markets and business models where we can continue to enhance DXP. We are adding over 185 talented employees to DXP. Combined, these acquisitions complement DXP, while diversifying our products, services, and end market exposure. PREMIERflow and Mid Atlantic complement our recent focus on water and wastewater while providing us with platforms in their respective markets to effectively serve the fire, water and wastewater, leachate, and data center customers’ needs. We look forward to scaling the businesses and further diversifying DXP. The acquisitions will expand our market share and enhance our leading rotating equipment product division. We anticipate these acquisitions to be accretive to earnings and will provide us with momentum going into 2026."
CM Pump Consultants acted as a business advisor and consultant to PREMIERflow and Kane Kessler, P.C. served as legal counsel for PREMIERflow; Footprint Capital acted as lead advisor to Mid-Atlantic Storage Systems; and Ice Miller LLP served as legal counsel for Mid Atlantic Storage Systems Inc. and the senior management team. Norton Rose Fulbright served as legal counsel for DXP.
About DXP Enterprises, Inc.
DXP Enterprises, Inc. is a leading products and service distributor that adds value and total cost savings solutions to industrial customers throughout the United States, Canada, and Dubai. DXP provides innovative pumping solutions, supply chain services and maintenance, repair, operating and production ("MROP") services that emphasize and utilize DXP’s vast product knowledge and technical expertise in rotating equipment, bearings, power transmission, metal working, industrial supplies and safety products and services. DXP's breadth of MROP products and service solutions allows DXP to be flexible and customer-driven, creating competitive advantages for our customers. DXP’s business segments include Service Centers, Innovative Pumping Solutions and Supply Chain Services. For more information, go to www.dxpe.com.
The Private Securities Litigation Reform Act of 1995 provides a “safe harbor” for forward-looking statements. Certain information included in this press release (as well as information included in oral statements or other written statements made by or to be made by the Company) contain statements that are forward-looking. Such forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future; and accordingly, such results may differ from those expressed in any forward-looking statement made by or on behalf of the Company. These risks and uncertainties include but are not limited to; ability to obtain needed capital, dependence on existing management, leverage, and debt service, domestic or global economic conditions, and changes in customer preferences and attitudes. In some cases, you can identify forward-looking statements by terminology such as, but not limited to, “may,” “will,” “should,” “intend,” “expect,” “plan,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “goal,” or “continue” or the negative of such terms or other comparable terminology. For more information, review the Company’s filings with the Securities and Exchange Commission.
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We are excited to have PREMIERflow, and Mid Atlantic join the DXP family. Each company provides DXP with exceptional project capabilities that will enhance our efforts and our ability to collaborate and serve our customers
Contacts
Kent Yee
Senior Vice President CFO
713-996-4700 – www.dxpe.com