DXP Enterprises Inc. Completes Acquisition of Moores Pump & Services, Expanding Gulf Coast Operations

Reuters

2025/07/07

<a href="https://laohu8.com/S/DXPE">DXP Enterprises</a> Inc. Completes Acquisition of Moores Pump & Services, Expanding Gulf Coast Operations

DXP Enterprises, Inc. has announced the acquisition of Moores Pump & Services, Inc., further strengthening its rotating equipment division. Moores, headquartered in Broussard, Louisiana, has been a leading provider of products and services in the Gulf Coast region since 1972, specializing in the fabrication and repairs of rotating equipment and pumping systems. The acquisition, funded with cash from DXP's balance sheet, marks the third acquisition for DXP in fiscal 2025. With Moores reporting sales of approximately $10.3 million and an adjusted EBITDA of $1.8 million for the year ending May 30, 2025, this strategic move is expected to enhance DXP's capabilities and expand its presence in the Gulf Coast region. DXP CEO David Little and CFO Kent Yee both highlighted the positive impact of the acquisition on the company's growth strategy and its ability to serve customers, employees, and stakeholders effectively.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. DXP Enterprises Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250707766205) on July 07, 2025, and is solely responsible for the information contained therein.

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Completes Acquisition of Moores Pump & Services, Expanding Gulf Coast Operations","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      <a href=\"https://laohu8.com/S/DXPE\">DXP Enterprises</a> Inc. Completes Acquisition of Moores Pump &amp; Services, Expanding Gulf Coast Operations\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        DXP Enterprises, Inc. has announced the acquisition of Moores Pump &amp; Services, Inc., further strengthening its rotating equipment division. Moores, headquartered in Broussard, Louisiana, has been a leading provider of products and services in the Gulf Coast region since 1972, specializing in the fabrication and repairs of rotating equipment and pumping systems. 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Completes Acquisition of Moores Pump & Services, Expanding Gulf Coast Operations\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-07-07 20:01</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      <a href=\"https://laohu8.com/S/DXPE\">DXP Enterprises</a> Inc. Completes Acquisition of Moores Pump &amp; Services, Expanding Gulf Coast Operations\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        DXP Enterprises, Inc. has announced the acquisition of Moores Pump &amp; Services, Inc., further strengthening its rotating equipment division. Moores, headquartered in Broussard, Louisiana, has been a leading provider of products and services in the Gulf Coast region since 1972, specializing in the fabrication and repairs of rotating equipment and pumping systems. The acquisition, funded with cash from DXP's balance sheet, marks the third acquisition for DXP in fiscal 2025. With Moores reporting sales of approximately $10.3 million and an adjusted EBITDA of $1.8 million for the year ending May 30, 2025, this strategic move is expected to enhance DXP's capabilities and expand its presence in the Gulf Coast region. 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