# DXP Enterprises completes acquisition of pump repair firm Turbo Machinery Repair

DXP Enterprises completed its acquisition of Turbo Machinery Repair, a pump and industrial equipment repair and machining company in Richmond, California, funded with cash on hand. Financial terms were not disclosed. Signing occurred on January 31, 2020.

- Type: Acquisition
- Announced: 2020-02-13
- Where: Richmond, California, United States
- Status: completed
- Products: pump repair services, industrial equipment repair and machining
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md)

## Companies

- [DXP Enterprises](https://endata.com/companies/6116.md) (acquirer)
- [Turbo Machinery Repair](https://endata.com/companies/6117.md) (target)

## Sources

- [pumpsandsystems.com](https://www.pumpsandsystems.com/dxp-enterprises-acquires-turbo-machinery-repair/), 2020-02-13: "DXP funded the acquisition with cash on the balance sheet."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.