Shermco Industries Overview
- Year Founded
-
1974
![Year Founded](/img/profile-preview/icons/flag.png)
- Status
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Private
- Employees
-
1,100
![Employees](/img/profile-preview/icons/employee-count.png)
- Latest Deal Type
-
Debt - Acquisition
- Financing Rounds
-
4
- Investments
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14
Shermco Industries General Information
Description
Provider of electrical maintenance and design services intended for commercial, industrial, municipal and utility customers. The company offers testing, maintenance, repair, commissioning, engineering and training services for electrical infrastructure including substations, switchgear, transformers and generators, thereby ensuring its clients maintain a healthy work environment and continually advance a culture of safety.
Contact Information
Website
www.shermco.comCorporate Office
- 2425 East Pioneer Drive
- Irving, TX 75061
- United States
Corporate Office
- 2425 East Pioneer Drive
- Irving, TX 75061
- United States
Shermco Industries Timeline
Shermco Industries Valuation & Funding
Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
---|
Shermco Industries Comparisons
Industry
Financing
Details
Shermco Industries Competitors (8)
One of Shermco Industries’s 8 competitors is Sentinel Power Services, a Private Equity-Backed company based in Tulsa, OK.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Sentinel Power Services | Private Equity-Backed | Tulsa, OK | ||||
Voltyx | Formerly PE-Backed | Nashville, TN | ||||
Saber Power Services | Private Equity-Backed | Rosharon, TX | ||||
Flanders (US) | Private Equity-Backed | Evansville, IN | ||||
Qualus | Private Equity-Backed | Cincinnati, OH |
Shermco Industries Signals
Shermco Industries Investors
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
---|
Shermco Industries Investments & Acquisitions (14)
Shermco Industries’s most recent deal was a Buyout/LBO with KTR Associates. The deal was made on 15-Oct-2024.
Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
---|---|---|---|---|---|
KTR Associates | 15-Oct-2024 | Buyout/LBO | Construction and Engineering | ||
Power Test (United States) | 02-Apr-2024 | Buyout/LBO | Other Commercial Services | ||
Innovative Electric | 07-Jun-2021 | Buyout/LBO | Construction and Engineering | ||
Sigma Six Solutions | 07-Jun-2021 | Buyout/LBO | Construction and Engineering | ||
Ready Engineering | 12-Jan-2021 | Buyout/LBO | Construction and Engineering |
Affiliates
Subsidiaries (4)
Name | Industry | Location | Year Founded |
---|---|---|---|
Enthalpy Energy Services | Centennial, CO | 2017 | |
KTR Associates | Sinking Spring, PA | 2004 | |
Ready Engineering | Spruce Grove, Canada | 1996 | |
Electrical Manufacturing and Distributors | Wichita Falls, TX | 1984 |
Shermco Industries FAQs
-
When was Shermco Industries founded?
Shermco Industries was founded in 1974.
-
Where is Shermco Industries headquartered?
Shermco Industries is headquartered in Irving, TX.
-
What is the size of Shermco Industries?
Shermco Industries has 1,100 total employees.
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What industry is Shermco Industries in?
Shermco Industries’s primary industry is Other Commercial Services.
-
Is Shermco Industries a private or public company?
Shermco Industries is a Private company.
-
What is Shermco Industries’s current revenue?
The current revenue for Shermco Industries is
. -
How much funding has Shermco Industries raised over time?
Shermco Industries has raised $9.9M.
-
Who are Shermco Industries’s investors?
Gryphon Investors has invested in Shermco Industries.
-
Who are Shermco Industries’s competitors?
Sentinel Power Services, Voltyx, Saber Power Services, Flanders (US), and Qualus are some of the 8 competitors of Shermco Industries.
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