Shermco

Irving, United States Founded: 1974 • Age: 52 yrs Acquired By Blackstone
Electrical Maintenance provider

About Shermco

Shermco is an Energy & Utilities company based in Irving (United States) founded in 1974, and was acquired by Blackstone in August 2025. Electrical Maintenance provider. The company has 808 employees. Shermco has completed 9 acquisitions, including EMD, Innovative Electric and KTR Associates. Its website shermco.com draws about 13 thousand monthly visits. Shermco offers products and services including Field Services, Engineering Services, Motor and Generator Repair, and Disaster Recovery. Its focus areas include Energy, Wind Energy, Service Providers and O&M. Its legal entity is SHERMCO INDUSTRIES, INC. Its competitors include SkySpecs, UpWind Solutions and Ashtead Technology; 2 of its 3 listed competitors have raised funding.

Company details

Shermco was established in 1974 in Irving, United States. Services in electrical maintenance and design are extended to industrial, petrochemical, and utility sectors. Testing, repair, professional training, maintenance, and analysis of rotating machines, electrical power distribution systems, and related equipment are conducted for light, medium, and heavy industries on a global scale. Comprehensive maintenance and repair solutions for wind generators are also supplied to the wind energy sector.

  • Headquarters Irving, United States
  • Employees 808
  • Stage Acquired
  • Sectors
    Energy & Utilities
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website shermco.com
  • Social LinkedIn X Facebook
  • Acquired by Gryphon Investors (Jun 2018)
  • Legal Name Shermco Industries, Inc.
Key Metrics

Products & Services of Shermco

Shermco offers a comprehensive portfolio of products and services, including Field Services, Engineering Services, Motor and Generator Repair, and Disaster Recovery.

Field Services
On-site Maintenance

Provides on-site electrical system repairs and maintenance for industrial clients.

Engineering Services
Technical Solutions

Delivers engineering support for power system design and optimization.

Motor and Generator Repair
Equipment Repair

Handles repair and refurbishment of motors and generators for various industries.

Disaster Recovery
Emergency Response

Offers rapid response for electrical system failures and restorations.

Investors in Shermco

Shermco has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Blackstone, Oaktree Capital Management and Gryphon Investors.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
gryphon-inv.com
Real estate fund, infrastructure fund, and private equity firm focused on multiple sectors
1995oaktreecapital.comLos Angeles, United States
Diversified investment management is provided across multiple asset classes.
1985blackstone.comNew York, United States
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People of Shermco

123 people are tracked at Shermco (27 in leadership, 96 in team); the tracked headcount is 808.

NameRoleGroup
P.eng. Cory Dumalski M.eng.
Director Of Engineering - CanadaLeadership
Paul Clarke
Vice President Operations - Canada EastLeadership
Michael Brunner
Senior Vice President OperationsLeadership
Kim Gawronski
Senior Director Legal RiskLeadership
Gary Hill
Chief Operating OfficerLeadership
Brad Wagar
Senior Vice President Operations - North RegionLeadership
E.e.t. Dave Wagar P.s.e.
Vice President Of Operations - Alberta RegionLeadership
Scott Meador
Vice President, Business DevelopmentLeadership
Scott Stafford
Vice President Of Commercial OperationsLeadership
Jeremy Presnal Csp, Cescp, Ohst, Chst
Senior Vice President, EHS & Workforce DevelopmentLeadership
Julie Duncan
Wind Field Services DirectorLeadership
Todd Stroik P.e.
Vice President Of EngineeringLeadership
Philip V. Petrocelli
Chief Executive OfficerLeadership
Kim Drake-Loy
Chief Legal and Risk OfficerLeadership
Jeremy Presnal
VP, EHS & Workforce DevelopmentLeadership
Jay Gregory
Director Engineering ServicesLeadership
Matthew DiGeronimo
Vice President of OperationsLeadership
Troy Scott
Vice President FinanceLeadership
Drew Johns
Vice President, Finance & Corporate DevelopmentLeadership
Christopher Duffell
Chief Financial OfficerLeadership

103 more people are available in the full profile.

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Investments & Acquisitions by Shermco

Shermco has strategically engaged in corporate development activities, having acquired 9 companies. Notable acquisitions include EMD, Innovative Electric and KTR Associates.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Provider of power generation and distribution equipment
powerproducts.bizCharlotte, United States0Mar 2025β€’β€’β€’β€’
Provider of electrical engineering services, focusing on power system engineering, electrical safety training, and related solutions
ktrassociates.comUnited States2004Oct 2024β€’β€’β€’β€’
Electrical repair and maintenance services are provided to clients.
powertestinc.comHarrisburg, United States1976Apr 2024β€’β€’β€’β€’
Development of electricity transmission projects is undertaken by the company.
sigmasix.comAuburn, United States2000Jun 2021β€’β€’β€’β€’
Electrical services are provided in Everett since 1994.
innovative-electric.comEverett, United States1994Jun 2021β€’β€’β€’β€’
Provider of control and electrical engineering services for heavy automation industry
readyengineering.comSpruce Grove, Canada1996Jan 2021β€’β€’β€’β€’
Electricity transmission, commissioning, and inspection systems are provided.
nextgen-tech.caBurnaby, Canada2011Sep 2019β€’β€’β€’β€’
Electricity transmission-based utility projects are developed by EMD.
emdinc.comWichita Falls, United States1984Aug 2019β€’β€’β€’β€’
Electrical contracting and maintenance services are provided in Canada.
magnaelectric.comSaskatoon, Canada1982Nov 2013β€’β€’β€’β€’
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Complete acquisition details for Shermco

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Timeline of Shermco

13 dated milestones of Shermco across 51 years, from founding to its latest funding, stage changes and deals.

  1. Founded Shermco is founded.
  2. Exit Acquired by Oaktree Capital Management.
  3. Acquisition Acquires Magna Electric Corporation.
  4. Exit Acquired by Gryphon Investors.
  5. Acquisition Acquires EMD.
  6. Acquisition Acquires NextGen Technologies.
  7. Acquisition Acquires Ready Engineering.
  8. Acquisition Acquires Sigma Six.
  9. Acquisition Acquires Innovative Electric.
  10. Acquisition Acquires Power Test.
  11. Acquisition Acquires KTR Associates.
  12. Acquisition Acquires Powerproducts.
  13. Exit Acquired by Blackstone.

Competitors of Shermco

Shermco has 3 listed competitors in our database, 2 of them funded. They include SkySpecs, UpWind Solutions and Ashtead Technology.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
skyspecs.com2012Ann Arbor, United States$141.51M
UAV solutions for inspecting hard-to-reach structures are provided.
upwindsolutions.com2007San Diego, United States$50.3M
Wind Turbine Operation & Maintenance provider
ashtead-technology.com1985Shoreview, United States11
Subsea equipment rental and solutions provided for offshore energy sector.
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Detailed competitors of Shermco

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Web traffic of Shermco

The website of Shermco (shermco.com) receives about 13.3K visits a month.

  • Monthly visits
    13.3K

    ▲ 3% vs previous month

Similar websites

Websites whose visitors overlap most with Shermco. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
ips.us
100%
36.6K#769,058View details
gwelec.com
92%
View details
windturbinestar.com
84%
680.7K#4,662,978View details
rechargenews.com
rechargenews.com
84%
#230,977–
hurricanewindpower.com
hurricanewindpower.com
68%
#2,742,991–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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Top companies in Renewable & Sustainable Energy

3 companies that operate in the same segment as Shermco (Renewable & Sustainable Energy) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Utility-scale renewable energy projects are developed by Enel X.
2001Boston, Massachusetts, United StatesUSD 168.67 M
Sustainable energy solutions are developed and operated worldwide.
2000Chicago, Illinois, United StatesUSD 575 M1,276
Solar energy services are provided to residential customers nationwide.
2007San Francisco, California, United StatesUSD 296.98 MUSD 2.96 B11,060
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Related news about Shermco

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Frequently Asked Questions about Shermco

Shermco was founded in 1974.

Shermco is headquartered in Irving, United States. It is registered at Irving, Texas, United States.

Shermco has 808 employees.

Shermco was established in 1974 in Irving, United States. Services in electrical maintenance and design are extended to industrial, petrochemical, and utility sectors. Testing, repair, professional training, maintenance, and analysis of rotating machines, electrical power distribution systems, and related equipment are conducted for light, medium, and heavy industries on a global scale. Comprehensive maintenance and repair solutions for wind generators are also supplied to the wind energy sector.

Shermco's top competitors include SkySpecs, Ashtead Technology and UpWind Solutions.

Shermco offers Field Services, Engineering Services, Motor and Generator Repair, and Disaster Recovery.

Shermco has made 9 acquisitions, including EMD, Innovative Electric, and KTR Associates.

Shermco has 3 investors. Key investors include Blackstone, Oaktree Capital Management, and Gryphon Investors.

Shermco operates through Shermco Industries, Inc..

Yes. Shermco was acquired by Gryphon Investors in June 2018.

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