DXP Enterprises announced the completion of the acquisition of Alliance Pump & Mechanical Service, a municipal and industrial pump sales, service, and repair company. DXP funded the acquisition with cash on the balance sheet. David R. Little, Chairman, and CEO remarked, “We are pleased to welcome the Alliance employees to the DXP team. Alliance is a unique, well-run business focused on providing value-added service and repair capabilities to its customers. Alliance will provide DXP with additional geographic territory and enhanced end market mix. Alliance is a great company with key differentiators and provides us with high caliber people.”
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