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DXP Ent. Says It Completes B27 Acquisition

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1/2/2014 3:31 PM ET

DXP Enterprises Inc. (DXPE: Quote) said Thursday it has completed the acquisition of B27 LLC.

B27 has about 342 employees with projected sales and adjusted EBITDA of $198 million and $35 million, respectively for fiscal year 2013.

DXP's President and CEO, David Little said, " We look forward to our collective success and driving towards creating a world-class Rotating Equipment business."

Houston, Texas-based DXP Enterprises engages in distributing maintenance, repair, and operating products, equipment, and services to industrial customers.

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by RTT Staff Writer

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