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Shermco provides electrical testing, maintenance, and engineering services across North America for industrial, commercial, and utility clients. Its offerings include rotating machinery service and repair, protection and control testing, commissioning, wind energy services, field services, in-shop services, systems integration, specialty services, disaster recovery, and industry-specific training. The company earns revenue through service contracts, project-based work, and training programs. Shermco uses on-site field work, shop-based repair, and specialized testing and engineering to ensure electrical system reliability and safety. Unlike many competitors, it combines a broad range of services (from rotating machinery to wind energy and disaster recovery) with accreditation by the InterNational Electrical Testing Association and a broad training ecosystem, aiming to be a trusted partner for ongoing electrical maintenance and safety across multiple sectors.
Industries
Consulting
Industrial & Manufacturing
Energy
Education
Company Size
1,001-5,000
Company Stage
Acquired
Total Funding
N/A
Headquarters
Irving, Texas
Founded
1974
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Total Funding
$0
Below
Industry Average
Funded Over
1 Rounds
Health Insurance
Dental Insurance
Vision Insurance
Training Programs
Professional Certification Support
Shermco Industries, a leading provider of electrical testing, engineering and design, commissioning, maintenance, and repair services, announced today it has...
Irving-based Shermco, a leading provider of electrical testing, engineering, maintenance, and repair, is being sold to private equity funds affiliated with New York-based Blackstone (NYSE: BX) in a deal valued at roughly $1.6 billion.
Gryphon Investors announced the sale of Shermco to Blackstone for approximately $1.6 billion. Shermco, a leader in electrical testing and maintenance, has seen significant growth under Gryphon's ownership since 2018. Blackstone plans to enhance Shermco's operational efficiencies and support future growth through add-on acquisitions. Harris Williams and Kirkland & Ellis advised on the transaction.
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Shermco acquires Eastern High Voltage, Inc.
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Industries
Consulting
Industrial & Manufacturing
Energy
Education
Company Size
1,001-5,000
Company Stage
Acquired
Total Funding
N/A
Headquarters
Irving, Texas
Founded
1974
Find jobs on Simplify and start your career today