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DXP Enterprises Completes Acquisition of Premier Water
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DXP ENTERPRISES : REPORTS PRELIMINARY (UNREVIEWED) (Form 8-K)
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DXP Enterprises Inc (DXPE) Q1 2021 Earnings Call Transcript Motley Fool Transcribers © The Motley Fool Logo of jester cap with thought bubble.
DXP Enterprises Inc (NASDAQ: DXPE)
Q1 2021 Earnings Call
Operator
Good Morning and welcome to DXP Enterprises Inc., 2021 First Quarter Earnings Call. At this time, all participants are in a listen-only mode. Later we will conduct a question-and-answer session and instructions will follow at that time. [Operator Instructions]
I would now like to turn the conference over to your host Mr. Kent Yee, Chief Financial Officer.SPONSORED:
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DXP Enterprises acquires Carter & Verplanck
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Tampa, FL-based Carter & Verplanck adds nearly $30 million of annual revenue to DXP.
May 4th, 2021
HOUSTON DXP Enterprises, Inc.
announced May 3 that it has completed the acquisition of Carter & Verplanck, Inc., a distributor of products and services exclusively focused on serving the water and wastewater markets.
Founded in 1927, Carter & Verplanck is headquartered in Tampa, FL and focuses on serving the Florida, Tennessee, Georgia and Alabama markets. Carter & Verplanck provides bio-solid & residual, potable water management and wastewater treatments solutions, guiding clients through an entire lifecycle of a project starting with design and engineering, through installation and start-up, as well as ongoing field support. CVI goes to market as a high service branch-based operator and has approximately 17 employees.