DXP Enterprises, Inc. Announces Acquisition of General Repair Service (opens original article in a new tab)

DXP Enterprises, Inc. announced the acquisition of General Repair Service, a Minnesota-based company specializing in pumps and industrial equipment, to expand its water and wastewater business platform.

• DXP Enterprises acquired General Repair Service, a Minnesota-based provider of pumps and industrial equipment.
• The acquisition strengthens DXP's water and wastewater business platform with General Repair's service and technical expertise.
• DXP funded the deal with cash from its balance sheet, and the transaction is expected to benefit DXP, suppliers, customers, and shareholders.