On the Record · Dnow
Dnow acquisitions, on the record
The businesses Dnow bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Two unnamed businesses (U.S. Process Solutions)Word for word“For the year ended December 31, 2023 , the Company completed two acquisitions for a net purchase price consideration of approximately $ 33 million cash.” 10-K for 2023 | acquisition | For the year ended December 31, 2023 | approximately $ 33 million |
Three unnamed businesses (U.S. Process Solutions)Word for word“For the year ended December 31, 2022, the Company completed three acquisitions for an aggregate purchase price consideration of approximately $ 80 million cash.” 10-K for 2023 | acquisition | For the year ended December 31, 2022 | approximately $ 80 million |
Two unnamed businesses (horizontal pumping systems and engineering and construction services)Word for word“For the year ended December 31, 2021, the Company completed two acquisitions for an aggregate purchase price consideration of approximately $ 119 million.” 10-K for 2023 | acquisition | For the year ended December 31, 2021 | approximately $ 119 million |
Whitco Supply, LLCWord for word“Subsequent to December 31, 2023, the Company entered into a purchase agreement to purchase the business of Whitco Supply, LLC.” 10-K for 2023 | agreed acquisition | Subsequent to December 31, 2023 | — |
Whitco Supply, LLC and Trojan Rentals, LLCWord for word“For the year ended December 31, 2024, the Company completed the acquisitions of Whitco Supply, LLC and Trojan Rentals, LLC for an aggregate purchase price consideration of approximately $ 299 million, net of cash acquired.” 10-K for 2024 | acquisition | — | approximately $ 299 million, net of cash acquired |
MRC Global Inc.Word for word“On November 6, 2025 (the “Closing Date”), DNOW completed its acquisition of MRC Global.” 10-K for 2025 | acquisition | On November 6, 2025 | — |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Cash received from selling businesses | Goodwill from acquisitions |
|---|---|---|---|
| 2016-12-31 | $175 million | — | $117 million |
| 2017-12-31 | $4 million | — | $2 million |
| 2019-12-31 | $8 million | — | $6 million |
| 2020-12-31 | $0 | $26 million | — |
| 2021-12-31 | $96 million | — | $67 million |
| 2022-12-31 | $80 million | — | $49 million |
| 2023-12-31 | $32 million | — | $23 million |
| 2024-12-31 | $299 million | — | $91 million |
| 2025-12-31 | $574 million | — | $387 million |
Deal filings since 2016
- 2025-11-06 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2025-11-06 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2025-06-26 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-01-03 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-12-17 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-06-02 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-11-21 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-05-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-01-21 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Dnow’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-26. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.