M&A Deal Summary

DXP Enterprises Acquires Kappe

On February 5, 2024, DXP Enterprises acquired business services company Kappe

Acquisition Highlights
  • This is DXP Enterprises’ 6th transaction in the Business Services sector.
  • This is DXP Enterprises’ 48th transaction in the United States.
  • This is DXP Enterprises’ 1st transaction in Maryland.

M&A Deal Summary
Date 2024-02-05
Target Kappe
Sector Business Services
Buyer(s) DXP Enterprises
Deal Type Add-on Acquisition

Target

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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Buyer(S) 1

Buyer

DXP Enterprises

Houston, Texas, United States
Category Company
Founded 1908
Sector Distribution
Employees2,837
Revenue 1.7B USD (2023)
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 54 of 57
Sector (Business Services) 6 of 6
Type (Add-on Acquisition) 53 of 56
State (Maryland) 1 of 1
Country (United States) 48 of 51
Year (2024) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-11-03 Alliance

Independence, Missouri, United States

Alliance is a municipal and industrial pump sales, service, and repair company focused on serving customers in the chemical, water/wastewater, municipal, and general industrial markets with approximately 9 employees. Alliance is based in Independence, Missouri.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-03-05 Pro-Seal

Pontiac, Michigan, United States

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.

Buy -
Mergr

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