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Slide #95. DXP Enterprises, Inc. — B27, LLC
DXP Enterprises, Inc. (NASDAQ:DXPE)
DXP Enterprises, Inc. (NASDAQ:DXPE) announced today it has completed the acquisition of B27, LLC ("B27"). Further to DXPE's press release dated December 9, 2013, B27 has approximately 342 employees with projected sales and adjusted EBITDA of $198 million and $35 million, respectively for fiscal year 2013.
DXP Enterprises is engaged in the business of distributing maintenance, repair and operating (MRO) products, equipment and service to energy and industrial customers. Co.'s segments include: Service Centers, which is engaged in providing MRO products, equipment and integrated services, including technical services and logistics capabilities, to energy and industrial customers with the ability to provide same day delivery; Supply Chain Services, which manages all or part of its customers' supply chains including procurement and inventory management; and Innovative Pumping Solutions, which provides custom pump skid packages, pump remanufacturing and manufactures branded private label pumps.
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Buy (3.33 out of 4)
(ranked higher than approx. 57% of all stocks covered)
Based on Zacks ABR data;
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