DXP Enterprises acquires Triangle Pump & Equipment

DXP Enterprises (DXPE) “announced that it has completed the acquisition of Triangle Pump & Equipment. Triangle is a leading manufacturer’s representative and distributor of pumps and process equipment focused on serving the water and wastewater industry including industrial applications and aftermarket service and repair. DXP funded the acquisition with cash from the balance sheet. Signing of the definitive agreement occurred on November 1, 2025. Sales and adjusted EBITDA for the last twelve months ending June 30, 2025, were approximately $15.1 million and $2.4 million, respectively. Adjusted EBITDA was calculated as income before tax, plus interest, depreciation and amortization, plus non-recurring items that will not continue after the acquisition.”