DXP Enterprises Appoints Gene Padgett Chief Accounting Officer

HOUSTON–(BUSINESS WIRE)–DXP Enterprises, Inc. (NASDAQ: DXPE) today announced that Eugene
(ÔÇ£GeneÔÇØ) Padgett has been appointed as DXPÔÇÖs new Chief Accounting
Officer, effective May 21, 2018. Mr. Padgett is a certified public
accountant and has over 20 years of experience in accounting within a
public company environment. Gene replaces Mac McConnell, who retired on
March 31, 2018.

Previous to DXP, Mr. Padgett spent ten years with Spectra Energy in
several positions with increasing responsibility including General
Manager of U.S. and Canadian Tax, Director of U.S. Operations Accounting
and General Manager Corporate Accounting. Prior to Spectra Energy, he
spent seven years with Duke Energy in various roles covering Corporate
Accounting, Accounting Research and Policy and working as a divisional
controller. Mr. Padgett started his career at PricewaterhouseCoopers.

Kent Yee, CFO, added, ÔÇ£I am excited to have Gene as part of the DXP
Accounting and Finance team. After conducting an extensive search, we
found a great candidate and partner in Gene. I look forward to working
with Gene and building a stronger strategic, technical and operational
accounting and finance function to support the DXP businesses. We will
continue to drive functional excellence in all areas of accounting and
finance. We look forward to continuing the momentum and a positive
fiscal year 2018 for the operations of our accounting and finance team.ÔÇØ

About DXP Enterprises, Inc.

DXP Enterprises, Inc. is a leading products and service distributor that
adds value and total cost savings solutions to industrial customers
throughout the United States, Canada, Mexico and Dubai. DXP provides
innovative pumping solutions, supply chain services and maintenance,
repair, operating and production ("MROP") services that emphasize and
utilize DXPÔÇÖs vast product knowledge and technical expertise in rotating
equipment, bearings, power transmission, metal working, industrial
supplies and safety products and services. DXP's breadth of MROP
products and service solutions allows DXP to be flexible and
customer-driven, creating competitive advantages for our customers.
DXPÔÇÖs business segments include Service Centers, Innovative Pumping
Solutions and Supply Chain Services. For more information, go to www.dxpe.com.

The Private Securities Litigation Reform Act of 1995 provides a
ÔÇ£safe-harborÔÇØ for forward-looking statements. Certain information
included in this press release (as well as information included in oral
statements or other written statements made by or to be made by the
Company) contains statements that are forward-looking. Such
forward-looking information involves important risks and uncertainties
that could significantly affect anticipated results in the future; and
accordingly, such results may differ from those expressed in any
forward-looking statement made by or on behalf of the Company. These
risks and uncertainties include, but are not limited to; ability to
obtain needed capital, dependence on existing management, the ability to
remediate material weaknesses, leverage and debt service, domestic or
global economic conditions, and changes in customer preferences and
attitudes. In some cases, you can identify forward-looking statements by
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CompanyÔÇÖs filings with the Securities and Exchange Commission.

Contacts

DXP Enterprises, Inc.
Kent Yee, 713-996-4700
Senior Vice
President, CFO
www.dxpe.com