IPS is a leading US-based provider of medical and clinical services to industrial clients operating in remote locations and large facilities in Western Canada.
The transaction provided the shareholders with a liquidity event as well as a growth partner to support the company’s ambitions to further expand operations into the oil sands. With this acquisition, DXP gains a foothold in the Canadian energy market to strengthen its current Safety Services offering available in the US market, as well as provide a platform for growth to its other service and product offerings.
