DXP Enterprises, Inc. Announces Acquisition of MDS of Michigan, Inc.
Business Wire•03/11/2026•16:14 ET
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Key Highlights
- ➤DXP Enterprises completed MDS of Michigan acquisition on November 2, 2026
- ➤MDS of Michigan trailing-twelve-month sales were approximately $19 million
- ➤MDS of Michigan pro-forma adjusted EBITDA was approximately $1.6 million
- ➤Acquisition expands DXP’s Service Center presence across Michigan and the Midwest
- ➤DXP funded the acquisition with cash from its balance sheet
Expert Statements
David Little, Chairman and Chief Executive Officer of DXP Enterprises
“We are pleased to welcome MDS of Michigan to the DXP family. MDS has built a strong reputation, with deep technical expertise and long-standing customer relationships. This acquisition expands our Service Center presence in the Midwest and strengthens our bearing & power transmission offering.”
Kent Yee, Senior Vice President and Chief Financial Officer of DXP Enterprises
“MDS of Michigan complements DXP’s end markets and builds upon our entry into a geographic region we have historically not served in scale. MDS has built strong relationships with its customers and supplier. We look forward to supporting MDS of Michigan’s customers and accelerating their growth. This transaction will be positive for MDS of Michigan and DXP’s customers, employees, and shareholders.”
DXP Enterprises, Inc. Announces Acquisition of MDS of Michigan, Inc.
* Enhances end market exposure with food & beverage, automotive, aggregates, waste & water treatment
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