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February 3, 2008

DXP Enterprises Acquires Rocky Mtn. Supply

DXP Enterprises, Inc. has acquired Rocky Mtn. Supply, Inc., a distributor of bearings, power transmission, belting, industrial and hydraulic hose, and industrial supplies. The business is headquartered in Greeley, CO, and operates out of six locations in Colorado serving the Rocky Mountain States.
 
DXP paid $4.6 million.
 
The unaudited sales and estimated EBITDA for the acquired business for the 12 months ending Dec. 31, 2007, were $13.6 million and $1.4 million, respectively.

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