DXP Enterprises, Inc. Announces Acquisition of Cisco Air Systems, Inc.

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May 03, 2022

DXP Enterprises, Inc. (NASDAQ: DXPE) today announced that it has completed the acquisition of Cisco Air Systems, Inc. (“Cisco”). Cisco is a leading distributor of air compressors and related products and services focused on serving the food & beverage, transportation and general industrial markets in the Northern California and Nevada territories. Financial terms of the transactions were not disclosed. DXP funded the acquisition with cash from the balance sheet and DXP Enterprises, Inc. common stock as consideration.