DXP Enterprises expands ABL revolver by $50M to $185M to support acquisitions

DXP ENTERPRISES INC

ABL facility increased from $135M to $185M effective July 1, 2025.
US borrowing capacity $175M; Canadian borrowing capacity $10M.
CEO David Little says increased capacity supports organic and acquisition growth.
CFO Kent Yee highlights liquidity to accelerate M&A; LTM sales $1.9B, adj. EBITDA $212.8M.
Material terms of ABL unchanged; incremental commitment added under existing facility.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

DXP ENTERPRISES INC amended revolving credit of from $135 million to $185 million with Bank of America, N.A., as agent and Goldman Sachs Bank USA, as lender.

Instrument: revolving credit
Principal: from $135 million to $185 million
Counterparty: Bank of America, N.A., as agent and Goldman Sachs Bank USA, as lender
Event: amendment

Exact text from the filing

the aggregate commitments under the Company's existing asset-based revolving credit facility (the “ABL Facility”) were increased by $50 million. Following the effectiveness of the Increase Agreement, the total commitments under the ABL Facility increased from $135 million to $185 million.

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Source: SEC EDGAR

accession 0001020710-25-000131

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