• Furthers and continues to scale DXP’s National Water & Wastewater efforts
• Enhances presence in Pacific Northwest
• Attractive industrial applications and aftermarket service and repair
• Strong Margins and Cash Flow

HOUSTON–(BUSINESS WIRE)–#Cashflow—DXP Enterprises, Inc. (NASDAQ: DXPE) today announced that it has completed the acquisition of Triangle Pump & Equipment, Inc. (“Triangle”). Founded in 1975, Triangle is headquartered in Ridgefield, Washington.

Triangle is a leading manufacturer’s representative and distributor of pumps and process equipment focused on serving the water and wastewater industry including industrial applications and aftermarket service and repair. DXP funded the acquisition with cash from the balance sheet.

David R. Little, Chairman and Chief Executive Officer remarked, “We are pleased to welcome the Triangle Pump & Equipment employees to the DXP team. Triangle will provide DXP’s Water division with new and expanded geographic territory and capabilities. Triangle is a great company with key differentiators and provides us with high caliber people.”

Signing of the definitive agreement occurred on November 1, 2025. Sales and adjusted EBITDA for the last twelve months ending June 30, 2025, were approximately $15.1 million and $2.4 million, respectively. Adjusted EBITDA was calculated as income before tax, plus interest, depreciation and amortization, plus non-recurring items that will not continue after the acquisition.

Kent Yee, Chief Financial Officer added, “We are excited to welcome the talented and hardworking employees of Triangle to the DXP team. The addition of Triangle furthers us in our mission to build DXP Water into a full-line products and service focused platform servicing the municipal and industrial water and wastewater treatment markets. We look forward to finishing 2025 on this same path and heading into 2026 with more acquisitions as we scale DXP. This transaction will be positive for Triangle and DXP’s customers, employees, and shareholders.”

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 DXP’s 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. DXP’s 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 “safe harbor” 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, 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 terminology such as, but not limited to, “may,” “will,” “should,” “intend,” “expect,” “plan,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “goal,” or “continue” or the negative of such terms or other comparable terminology. For more information, review the Company’s filings with the Securities and Exchange Commission.

Contacts

Kent Yee

Senior Vice President CFO

713-996-4700 – www.dxpe.com

MANSFIELD, Mass.–(BUSINESS WIRE)–TriMark USA LLC (“TriMark” or the “Company”), the largest North American integrated provider of design services, equipment, and supplies to the foodservice industry, today announced a series of leadership promotions and new appointments to further support the Company’s current and future growth. These appointments come as TriMark enters a record year of new and renewed customer agreements following a company-wide transformation initiated in late 2024.

“We’re building a modern, high-performance organization – one that’s digitally enabled, customer-obsessed, and powered by great people,” said Terry O’Brien, CEO of TriMark USA. “These promotions and new appointments reflect the strength of our team and the momentum behind our transformation. As we enter the next chapter of TriMark’s growth, we’re investing in the people and capabilities that will drive the white-glove service and industry best value our customers expect. I couldn’t be prouder of this leadership team and am confident these additions will add tremendous value to our business.”

“We are thrilled to welcome this group to the leadership team – each of these individuals brings deep expertise and a shared passion for serving our customers,” said Karen McCain, Executive Vice President of category management and marketing at TriMark USA. “Together, they’re helping us reshape how we partner with our supplier-partners, strengthen our marketing and enhance the customer experience across the full spectrum of TriMark design, delivery, installation, tabletop, smallware, warranty and repair services. We look forward to working with this talented team to build the future of TriMark.”

The following appointments are effective immediately:

Leadership Promotions

• Brent Semple has been promoted to General Counsel, reporting to Chief Financial Officer James Noonan. Semple is an industry and TriMark veteran who has been instrumental in advancing TriMark’s legal and compliance infrastructure, customer agreements and risk mitigation.

• Kendra Borg has been promoted to Senior Vice President of Human Resources, reporting to CEO Terry O’Brien and succeeding Andrew Foster, who recently retired after a successful career at TriMark. Over her five years at TriMark, Borg has distinguished herself as a strategic and results-driven leader, most recently reshaping the Company’s Corporate Accounts and Strategic Growth Teams while overseeing Talent Acquisition efforts.

New Leadership Appointments

• Karthik Kirubakaran joins TriMark as Vice President, Data Analytics & AI, reporting to Chief Information Officer Padmini Mandavalli. A seasoned technology executive with more than 20 years of experience leading AI, analytics, and digital transformation initiatives, Kirubakaran has successfully scaled platforms across both PE-backed services businesses and SaaS environments. He will lead the development of a formal Master Data Management (MDM) program and drive AI enablement across core operational workflows.

• Tim Palmer has been appointed Vice President of Category Management, reporting to Executive Vice President of Category Management and Marketing Karen McCain. With over 25 years of experience across sales, marketing, product development, and sourcing, including tabletop, smallwares, equipment, and custom fabrication, Palmer most recently served as Vice President of Sales for North American Kitchen Solutions. He will lead efforts to deepen direct collaboration with vendors and increase global sourcing efforts as customer value needs and tariff challenges continue to evolve.

• Blake Wynter joins as Vice President of Marketing, also reporting to McCain. Wynter brings extensive marketing leadership experience across large-scale residential and commercial businesses, including prior roles within Samsung HVAC and the McDonald’s system. Given TriMark’s rapid growth and new data warehouse system, Blake will look to bring keen market insights and initiatives to TriMark’s customer base and operating divisions.

About TriMark USA

TriMark USA is North America’s leading integrated provider of design services, equipment, and supplies to the foodservice industry. We proudly serve our customers by providing design services, commercial equipment, and foodservice supplies across a wide range of industries and business sectors. Headquartered in Massachusetts and operating through ten empowered regional divisions, we have locations across the country which offer foodservice operators an unparalleled level of service, purchasing scale and design/installation/tabletop/repair services. Please visit: www.trimarkusa.com.

Contacts

Media Contact:
Edelman Smithfield

trimarkusa@edelmansmithfield.com

MISSISSAUGA, Ontario–(BUSINESS WIRE)–The Daniels Corporation (Daniels) and BGO, in partnership with Community Living Mississauga, gathered on October 24 to mark a significant milestone in welcoming four people as they begin an exciting new chapter in two beautiful, affordable 2-bedroom, 2-bathroom suites at The Kith Condominiums in Erin Mills, Mississauga. This innovative partnership represents the importance of collaboration in delivering safe, affordable housing solutions that empower people to build strong, stable futures.

Through a shared vision and commitment to building inclusive communities, Daniels and BGO offered these homes at a deeply reduced cost to Community Living Mississauga, enhancing affordability and making it possible for four people to live independently and fully participate in their new community. This initiative sets a powerful precedent for addressing the urgent shortage of affordable housing in Ontario and demonstrates how cross-sector partnerships create vibrant and inclusive neighbourhoods.

“This partnership reflects our belief that housing is the foundation of belonging,” said Don Pugh, Partner, The Daniels Corporation. “At Daniels, we are committed to creating communities where individuals of all abilities can live with dignity, exercise choice, and actively participate in community life. By working hand-in-hand with BGO and Community Living Mississauga, we are helping to break down barriers and open doors to opportunity. Initiatives like this remind us that building homes is only part of our mission — building inclusive, welcoming communities where everyone belongs are just as important.”

“At BGO, we believe real estate plays an important role in building stronger communities, and we’re proud to partner with The Daniels Corporation and Community Living Mississauga to deliver homes that will support and uplift four people for the long term,” said Adam Hagedorn, Principal, Portfolio Management, BGO. “We’re pleased to welcome our newest members of The Kith community and to celebrate what can be achieved through partnership and shared purpose.”

“This venture between Community Living Mississauga, Daniels, and BGO is more than a partnership. It’s a promise. A promise to build a future where no one is left behind, and every person has the foundation to build a life with self-determination and dignity, starting with a home of their own,” said Keith Tansley, Executive Director, Community Living Mississauga.

“Innovative partnerships like those between Community Living Mississauga and dedicated housing stakeholders are vital to building a more inclusive Ontario. By working together, we’re not only creating affordable housing options, but also ensuring that every person—regardless of ability—has the opportunity to live with dignity and independence in their own community,” said Nina Tangri, Member of Provincial Parliament, Mississauga-Streetsville.

“I am so happy to welcome four new residents to the Ward 11 community, who will be living in the new Kith Condominiums, in Central Erin Mills. This innovative partnership between Community Living Mississauga, The Daniels Corporation and BGO is providing much-needed affordable housing options in the City of Mississauga, in a great new multi-generational community, that fosters a sense of connection and belonging among residents. Congratulations and welcome to our new Ward 11 residents!” said Councillor Brad Butt, Ward 11, Mississauga.

The Welcome Home Celebration was held in the condominium amenity space at The Kith, bringing together the people moving into their new homes, their families, partners, and dignitaries. The event highlighted the importance of partnership, equity, and community, and celebrated a milestone that reflects independence, dignity, and belonging.

This initiative builds on Daniels’ commitment to inclusivity and accessibility and its long-standing leadership in affordable housing. It also aligns with BGO’s commitment to ESG excellence and creating thriving communities.

The Kith Condominiums is a 15-storey residence located within the master-planned Daniels Erin Mills community in Mississauga. As the final addition to a thoughtfully designed, multi-generational neighbourhood, The Kith completes the addition of three distinct living options, joining Kindred Condominiums and Amica Credit Mills, a new senior living residence. Daniels Erin Mills reflects a strong commitment to inclusive, community-focused living, where people of all ages and abilities share a meaningful sense of place and belonging.

About The Daniels Corporation (Daniels)

The Daniels Corporation, named the 2025 BILD Home Builder of the Year, is one of Canada’s preeminent builders and developers, with nearly 40,000 new homes built across the Greater Toronto Area for over 40 years. Daniels is the developer of TIFF Lightbox in Toronto’s Entertainment District and the City of the Arts community on Toronto’s East Bayfront. Among its many initiatives, Daniels partnered with Toronto Community Housing to revitalize 53 of the 69-acre Regent Park community in Toronto — now home to the World Urban Pavilion, a collaboration between the Urban Economy Forum, UN-Habitat, Canada Mortgage and Housing Corporation, and Daniels. Recognized for its leadership, professionalism, and commitment to design excellence, construction quality, and customer care, Daniels goes beyond building homes. With a deep understanding that quality of life is created by more than physical structures, it integrates building excellence with opportunities for social, cultural, and economic well-being.

About BGO

BGO is a leading, global real estate investment management advisor and a globally-recognized provider of real estate services. BGO serves the interests of more than 750 institutional clients with approximately $89 billion USD of assets under management (as of June 30, 2025) and expertise in the asset management of office, industrial, multi-residential, retail and hospitality property across the globe. BGO has offices in 25 cities across twelve countries with deep, local knowledge, experience, and extensive networks in the regions where we invest in and manage real estate assets on behalf of our clients in primary, secondary and co-investment markets. BGO is a part of SLC Management, the institutional alternatives and traditional asset management business of Sun Life.

The assets under management shown above includes real estate equity and mortgage investments managed by the BGO group of companies and their affiliates, and as of 1Q21, includes certain uncalled capital commitments for discretionary capital until they are legally expired and excludes certain uncalled capital commitments where the investor has complete discretion over investment.

For more information, please visit www.bgo.com.

About Community Living Mississauga

Founded in 1955, Community Living Mississauga is a non-profit, charitable organization which supports more than 3000 people who have an intellectual disability to ensure their quality of life in the community is meaningfully improved by supporting them to identify and achieve their personal goals and interests.

Contacts

Media Contact:
Megan Aird

Director of Communications

The Daniels Corporation

media@danielscorp.com

Brett Paveling

Manager, Communications

Community Living Mississauga

brettp@clmiss.ca

TORONTO–(BUSINESS WIRE)–$SRU.UN #CapitalMarkets–SmartCentres Real Estate Investment Trust (“SmartCentres”) (TSX: SRU.UN) announced today that it will be reporting its financial results for the three months ended September 30, 2025 after the market closes on Wednesday, November 12, 2025.

Management will hold a conference call on Thursday, November 13, 2025 at 3:00 p.m. (ET). Interested parties are invited to access the call at least 5 minutes prior to the scheduled start of the call by dialing 1-855-353-9183 and then keying in the conference access code 50957#. A recording of this call will be made available Thursday, November 13, 2025, through to Thursday, November 20, 2025. To access the recording, please call 1-855-201-2300 and enter the conference access code 50957# and then key in the playback access code 50957#.

Recordings of SmartCentres’ current and previous conference calls can be found at www.smartcentres.com/investing.

About SmartCentres

SmartCentres is one of Canada’s largest fully integrated REITs, with a best-in-class and growing mixed-use portfolio featuring 197 strategically located properties in communities across the country. SmartCentres has approximately $12.0 billion in assets consisting of income producing value-oriented retail, purpose-built rental, first-class office and self-storage properties. SmartCentres owns 35.6 million square feet of leasable space with 98.6% in place and committed occupancy, on 3,500 acres of owned land across Canada.

For more information, visit www.smartcentres.com or please contact:

Contacts

Mitchell Goldhar

Executive Chairman and CEO

(905) 326-6400 ext. 7674

mgoldhar@smartcentres.com

Peter Slan

Chief Financial Officer

(905) 326-6400 ext. 7571

pslan@smartcentres.com

Senior leader has over 25 years of industry experience guiding clients through complex acquisitions, dispositions and capital strategies

TORONTO–(BUSINESS WIRE)–#cre–Cushman & Wakefield (NYSE: CWK), a leading global real estate services firm, announced today the addition of Walid Cheaib as Vice Chair. In this role, Cheaib will be responsible for expanding and strengthening Cushman & Wakefield’s institutional Capital Markets practice across Canada. He brings over 25 years of industry experience helping clients navigate complex acquisition, disposition and capital strategies, and has been directly involved in more than $40 billion in commercial real estate and capital raising transactions.

“We are thrilled to welcome Walid to Cushman & Wakefield’s Canadian Capital Markets team,” said Allison Marsales, President, Advisory, Canada. “His extensive expertise in capital markets, strategic advisory and large-scale transactions will be invaluable as we work to grow our presence in institutional capital markets across Canada. Walid’s leadership and proven track record will also enhance our ability to provide greater continuity with our capital markets teams across the globe, ensuring seamless service and exceptional value for our clients.”

At Cushman & Wakefield, Cheaib will support the firm’s institutional and private clients, including pension funds, REITs, private equity and high net worth individuals, with a concentration on large-scale, strategic transactions. Nationally focused throughout Canada as well as cross-border into the U.S., his work is expected to span all asset types. He will be based out of the firm’s Toronto office.

“The addition of Walid to our Capital Markets team represents a powerful acceleration of our growth strategy in Canada and beyond,” said Miles Treaster, President, Americas Capital Markets. “We have transformed our Capital Markets business this year and will continue to deliver exceptional outcomes as we further expand the scale and sophistication of our business to meet the evolving needs of our institutional and private clients across asset types.”

Prior to joining Cushman & Wakefield, Cheaib served as Managing Director and Head of North American Real Estate Brokerage at BMO Capital Markets, where he led a team advising institutional, public and private clients across North America. Cheaib holds an M.A. in Economics from the University of Toronto and is a CFA Charterholder.

About Cushman & Wakefield

Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 52,000 employees in nearly 400 offices and 60 countries. In 2024, the firm reported revenue of $9.4 billion across its core service lines of Services, Leasing, Capital markets, and Valuation and other. Built around the belief that Better never settles, the firm receives numerous industry and business accolades for its award-winning culture. For additional information, visit www.cushmanwakefield.com.

Contacts

Media Contact:
Jeremy Barewin
+1 312 424 8108

jeremy.barewin@cushwake.com

NORTH ANDOVER, Mass.–(BUSINESS WIRE)–Watts Water Technologies, Inc. (NYSE: WTS) a leading global manufacturer of plumbing, heating, and water quality solutions, has been named one of America’s Greenest Companies by Newsweek magazine for the third consecutive year and is recognized among the Top 300 companies in the U.S., based on environmental sustainability.

The rankings are derived from research and analysis of public data of organizations in the U.S. that meet the minimum standards set by the European Union, widely regarded as the most advanced set of sustainability standards globally. The companies were evaluated and scored on more than 25 parameters, based on greenhouse gas emissions, water usage, waste generation, and sustainability data disclosure and commitments.

“As a leading provider of technologies and solutions designed to promote safety, energy efficiency and water conservation around the world, we are honored to receive this recognition from Newsweek for the third year in a row,” said Robert J. Pagano, Jr., CEO, President and Chairperson of the Board. “We’re proud to have significantly reduced water and emissions intensity across our operations — recently surpassing our first-generation footprint goals well ahead of schedule. These results are a testament to the dedication of the many teams across the Watts organization who are embedding sustainability into how we innovate, operate, and serve our customers.”

To learn more about Watts’ Environmental, Social and Governance (ESG) efforts, read the company’s 2024 Sustainability Report and visit https://www.watts.com/our-story/sustainability.

Watts Water Technologies, Inc., through its family of companies, is a global manufacturer headquartered in the USA that provides one of the broadest plumbing, heating, and water quality product lines in the world. Watts Water companies and brands offer innovative plumbing, heating, and water quality solutions to control the efficiency, safety, and quality of water within commercial, residential, and industrial applications. For more information visit www.watts.com.

Contacts

Watts Water Technologies, Inc.

Diane McClintock

Senior Vice President FP&A and Investor Relations

Telephone: 978-689-6153

Email: investorrelations@wattswater.com