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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 the balance sheet.
The signing of the definitive agreement occurred on October 1, 2025. Sales and adjusted EBITDA for APSCO for the last twelve months ending July 31, 2025, were approximately $12.9 million and $1.5 million, respectively. Adjusted EBITDA was calculated as income before tax, plus interest, plus depreciation and amortization, plus non-recurring items less go-forward selling costs.Posted In: DXPE