Premier Water is excited to announce Paul G. Petersen as new member of our sales team.

Paul is a mechanical engineer and was previously a sales manager with Atlas Copco for 9 years.  He brings over ten years of experience in the water/wastewater industry with extensive experience in blowers and compressors, and has worked for several manufacturers in product management, application engineering and technical sales roles.

For more information and Paul’s contact information, please visit the “About – Our Team” section of the website.  Join us in welcoming Paul to the Premier Water team!

DXP Enterprises Completes Acquisition of Premier Water

09/22/2021

HOUSTON--(BUSINESS WIRE)-- DXP Enterprises, Inc. (NASDAQ: DXPE) today announced the completion of the acquisition of Premier Water (“Premier”), a leading distributor and provider of products and services exclusively focused on serving the water and wastewater treatment markets in North and South Carolina. Financial terms of the transaction were not disclosed.

Founded in 2005, Premier is headquartered and operates out of a single location in Charlotte, North Carolina. Premier is focused on serving customers in the water and wastewater treatment markets with approximately 6 employees. Signing of the definitive agreement occurred on September 20, 2021. Sales and adjusted EBITDA were approximately $3.6 million and $850 thousand, respectively. Adjusted EBITDA was calculated as income before tax, plus interest, depreciation and amortization, and non-recurring items that will not continue after the completion of the acquisition.

David R. Little, Chairman and CEO remarked, “We are pleased to welcome the Premier employees to the DXP team. Premier is a unique, well-run business focused on providing process equipment to customers in the water and wastewater market. . . . .

See complete DPX press release here.

Curtis Vernon “Curt” Kennedy

Curt Kennedy | September 21, 1953 - July 21, 2019

Curt Kennedy was a man who loved life, his family, and his faith. He studied Mechanical Engineering at Lafayette College in Pennsylvania, and had an amazing ability to do anything well. He enjoyed the outdoors, sports, and traveling, especially with his family.

With significant experience in the water/wastewater treatment business for 35+ years - including stints with several equipment manufacturers - Curt played an invaluable role at Premier Water as Aftermarket Sales and Service Manager.  

More than a co-worker, Curt was a brother, a friend, to everyone here. The hole left in our lives by his sudden passing is incomprehensible. We join his wife and daughter in mourning his untimely death, and are grateful that we had the opportunity to call him friend.