M&A Deal Summary

DXP Enterprises Acquires Pro-Seal

On March 5, 2024, DXP Enterprises acquired distribution company Pro-Seal

Acquisition Highlights
  • This is DXP Enterprises’ 36th transaction in the Distribution sector.
  • This is DXP Enterprises’ 49th transaction in the United States.
  • This is DXP Enterprises’ 1st transaction in Michigan.

M&A Deal Summary

Date 2024-03-05
Target Pro-Seal
Sector Distribution
Buyer(s) DXP Enterprises
Deal Type Add-on Acquisition

Target

Pro-Seal

Pontiac, Michigan, United States
website
Pro-Seal is a distributor of pumping systems, fluid sealing, related seal support systems, and other industrial pumping equipment and services and lubricants. Pro-Seal is based in Pontiac, Michigan.

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Buyer(S) 1

Buyer

DXP Enterprises

Houston, Texas, United States

website


Category Company
Founded 1908
Sector Distribution
Employees2,490
Revenue 1.1B USD (2021)
DESCRIPTION
Entrance to DXP's corporate headquarters in Houston, Texas.
Entrance to DXP's corporate headquarters in Houston, Texas.

DXP Enterprises is a products and service distributor to industrial customers throughout the United States, Canada and Mexico. DXP provides innovative pumping solutions, supply chain services and maintenance, repair, operating and production services that emphasize and utilize DXP’s product knowledge and technical expertise in rotating equipment, bearings, power transmission, industrial supplies and safety products and services. DXP Enterprises was incorporated in 1908 and is headquartered in Houston, Texas.


DEAL STATS #
Overall 55 of 55
Sector (Distribution) 36 of 36
Type (Add-on Acquisition) 54 of 54
State (Michigan) 1 of 1
Country (United States) 49 of 49
Year (2024) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-02-05 Kappe

Frederick, Maryland, United States

Kappe provides quality products and expert service for the wastewater and water treatment equipment Industry. It works with engineering firms, authorities, and governmental bodies. The company provides initial designs, specifications, and other information through its principals to aid in the best solutions, with consideration given to meeting environmental regulations, capital costs, and operational costs. Kappe was formed in 1946 and is based in Frederick, Maryland.

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