Daniel Max Foster, Jr.

Max Foster | April 11, 1952 - September 5, 2024

It is with great sadness that we announce the passing of Max Foster. Our beloved friend and coworker passed away last Thursday, September 5th.

Max was a founding member of Premier Water in 2005 and legend in the water/wastewater community for well over 40 years. Max was a great man, and we will always remember his jokes, love of music, all things Clemson, being a “pump guy”, and his unwavering positive outlook on work and life!

Although Max officially retired from Premier this past March, he was still a very important part of our Premier Water family every day!

https://www.kennethpoeservices.com/obituaries/1949-daniel-max-foster-jr

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.