PURCHASE AGREEMENT among DXP ENTERPRISES, INC., B27, LLC, B27 HOLDINGS CORP., THE STOCKHOLDERS OF B27 HOLDINGS CORP., THE MADISON GROUP SELLERS, MICHAEL W. MADISON, AS REPRESENTATIVE OF THE MADISON GROUP SELLERS and DENNIS LEARY, AS REPRESENTATIVE OF...Purchase Agreement • December 10th, 2013 • DXP Enterprises Inc • Wholesale-industrial machinery & equipment • Texas
THIS PURCHASE AGREEMENT (this “Agreement”) is entered into as of December 9, 2013 by and among DXP Enterprises, Inc., a Texas corporation (the “Buyer”), B27, LLC, a Delaware limited liability company (the “Company”), B27 HOLDINGS CORP., a Delaware corporation (“Parent”), B28 INVESTMENT FUND, LLC, a Delaware limited liability company (“B28”), CHAMPLAIN CAPITAL PARTNERS, L.P., a Delaware limited partnership (“Champlain”), STEPHEN ARDIA (“Ardia”), 2 UNDER, LLC, a Florida limited liability company (“2 Under”), HONEYWELL INTERNATIONAL INC. MASTER RETIREMENT TRUST (“Honeywell”), AUDAX MEZZANINE FUND II, L.P., a Delaware limited partnership (“Audax Mezz”), AUDAX CO-INVEST, L.P., a Delaware limited partnership (“Audax Co-Invest”), AUDAX TRUST CO-INVEST, L.P., a Delaware limited partnership (“Audax Trust” and together with Audax Mezz and Audax Co-Invest, “Audax”), GULFSTAR MB III, LTD. (“GulfStar”), ROYNAT MERCHANT CAPITAL, INC. (“RoyNat”), STOCKWELL FUND II, L.P. (“Stockwell”), MADISON CAPITAL
