Houston-based pump solutions and MRO supplies distributor DXP Enterprises has completed the acquisitions of PREMIERflow and Mid Atlantic Storage Systems. Together, the two firms will add more than $110 million in revenue and 185 employees to DXP. Financial terms of the transactions were not disclosed.

Headquartered in Tulsa, OK, PREMIERflow is a provider of integrated fluid handling pump systems that service the fire protection, water & wastewater supply, data center, and HVAC process industries.

Ohio-based Mid Atlantic Storage Systems is a one-stop solution provider of liquid storage tank products and related services, focusing on servicing customers in the water & wastewater, leachate, data center and fire suppression markets.

“We are pleased to announce these acquisitions and start the year off with great additions to our Innovative Pumping Solutions business segment,” DXP Chairman and CEO David Little said in a Jan. 5 press release. “Each company provides DXP with exceptional project capabilities that will enhance our efforts and our ability to collaborate and serve our customers as well as grow our existing platforms. These acquisitions are consistent with our growth strategy and demonstrate our commitment to expanding DXP into varied end markets as well as maintaining our leading position as the largest distributor of rotating equipment in North America,”

Signing of definitive agreements occurred on Jan. 1. Sales and adjusted EBITDA of the two companies were approximately $93.7 million and $20.9 million, respectively, for the 11 months ending Nov. 30.

“We have watched DXP’s growth and development and we are excited to become a part of their outstanding, dynamic team,” said Marvin Yoder, President of PREMIERflow. “Our expertise in the integrated fire and water pump systems market will complement DXP’s breadth of technical products and services. We are aligned with our core belief that solving customers’ problems and offering cost-effective solutions should be our top priority. This transaction will not only allow us to continue with our existing marketing strategies, but gives us additional products, services and resources to better serve our customers and compete across North America.”

“Our expertise in the water and wastewater and leachate markets around tanks will complement DXP’s approach to building the DXP Water platform while providing a breadth of technical products and services and a one-stop solution for customers,” said Kyle Butts, President of Mid Atlantic Storage Systems. “This transaction will give us additional resources to better serve the market as we continue to grow and scale. We are also incredibly pleased that each of Mid Atlantic’s employees is being given the opportunity to develop their careers in such an exciting and supportive environment. This transaction will be great for our customers and key suppliers as well.”

DXP said acquisitions of PREMIERflow and Mid Atlantic complement its recent focus on water and wastewater while providing the platforms to effectively serve the needs of the fire, water and wastewater, leachate and data center market.

“We are excited to utilize PREMIERflow’s experience to bolster our market share throughout the United States. Their expertise in the fire and water markets as well as their presence in data centers will complement DXP’s focus on growing key markets. This transaction will not only allow us to continue with our existing marketing strategies, but also, gives us additional capabilities and resources to better serve our customers,” Little added, along with the following about Mid Atlantic Storage Systems: “We look forward to our collective success and driving towards creating a world-class Rotating Equipment and Water business. By adding this experienced team and strategic offering to our suite of products and services, we will provide a comprehensive offering to our customers. We appreciate the support of our vendors and suppliers, and we look forward to our future success together.”

News of the pair of acquisitions came a little over two weeks after DXP announced debt refinancing moves and $205 million in borrowings raised for company reinvestment.

DPX’s most recent acquisition occurred in early December with the purchase of Pump Solutions.