DXP Enterprises, Inc. (NASDAQ: DXPE) has completed the acquisition of Triangle Pump & Equipment, Inc., a US-based manufacturer’s representative and distributor of pumps and process equipment serving the water and wastewater sectors. Founded in 1975 and headquartered in Ridgefield, Washington, Triangle has built a strong reputation for providing industrial pumping solutions, aftermarket service, and repair.
The acquisition strengthens DXP’s presence in the Pacific Northwest and supports the continued expansion of its national DXP Water division, which provides products and services to municipal and industrial water and wastewater treatment markets. The transaction was funded using cash from DXP’s balance sheet.
David R. Little, Chairman and Chief Executive Officer of DXP Enterprises, said:
“We are pleased to welcome the Triangle Pump & Equipment employees to the DXP team. Triangle brings new geographic reach, additional capabilities and a highly skilled workforce to our Water division.”
Triangle recorded approximately $15.1 million in sales and $2.4 million in adjusted EBITDA for the twelve months ending 30 June 2025. The deal was signed on 1 November 2025.
Kent Yee, Chief Financial Officer of DXP Enterprises, added:
“The addition of Triangle advances our goal of building DXP Water into a full-line, products-and-service platform for municipal and industrial water treatment markets. We are excited to continue scaling through strategic acquisitions that benefit our customers, employees and shareholders.”
Founded in 1908 and headquartered in Houston, Texas, DXP Enterprises is a leading distributor of products and services for rotating equipment, bearings, power transmission, safety and industrial supplies, with operations spanning the energy, manufacturing, and water sectors.
