M&A Deal Summary

DXP Enterprises Acquires Sullivan

On September 2, 2022, DXP Enterprises acquired distribution company Sullivan

Acquisition Highlights
  • This is DXP Enterprises’ 35th transaction in the Distribution sector.
  • This is DXP Enterprises’ 44th transaction in the United States.
  • This is DXP Enterprises’ 1st transaction in Kentucky.

M&A Deal Summary
Date 2022-09-02
Target Sullivan
Sector Distribution
Buyer(s) DXP Enterprises
Deal Type Add-on Acquisition

Target

Sullivan

Fort Mitchell, Kentucky, United States
Sullivan is a distributor and manufacturer representative of pumps, valves, controls, and process equipment focused on serving the municipal and industrial water and wastewater industry in the states of Ohio, Kentucky, and Indiana.

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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 50 of 57
Sector (Distribution) 35 of 36
Type (Add-on Acquisition) 49 of 56
State (Kentucky) 1 of 1
Country (United States) 44 of 51
Year (2022) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-05-02 Cisco Air Systems

Sacramento, California, United States

Cisco Air Systems is a distributor of air compressors and related products and services focused on serving the food & beverage, transportation and general industrial markets in the Northern California and Nevada territories. Cisco Air Systems was founded in 1973 and is based in Sacramento, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-05-04 Riordan Materials

Blue Bell, Pennsylvania, United States

Riordan Materials is a provider of products for water treatment, wastewater treatment, odor control, solids handling, pumping and biosolid processes in the states of Maryland, New Jersey, Pennsylvania, Delaware and Virginia. Riordan Materials was founded in 1953 and is based in Blue Bell, Pennsylvania.

Buy -
Mergr

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