#United States #Irving #Shermco Industries #Electrical Testing #Eastern High Voltage

Shermco Industries Expands with Eastern High Voltage Acquisition

In a strategic move that solidifies its position in the electrical services industry, Shermco Industries has announced the acquisition of Eastern High Voltage, Inc. This acquisition, effective immediately, aims to enhance Shermco's abilities and market presence, especially in the Northeast region of the United States.

The Details of the Deal

Headquartered in Irving, Texas, Shermco has made headlines in the electrical testing and maintenance sector. By acquiring Eastern High Voltage, a reputable company based in Robbinsville, New Jersey, the Texas giant adds a wealth of experience to its portfolio. Eastern High Voltage is recognized for its exceptional electrical testing services and maintenance offerings, having received accreditation from the InterNational Electrical Testing Association (NETA).
While the specific terms of the transaction have not been publicly disclosed, the implications of this agreement are significant. EHV’s operational strengths include a range of services such as acceptance testing, preventative maintenance, infrared scanning, and transformer testing, making it a valuable asset within Shermco's broader scope of services.

Uniting Forces for Enhanced Service Delivery

The merger brings to Shermco a seasoned management team and a cadre of over 550 NETA-certified professionals, ensuring the highest standards of service in the industry. With Shermco now being the largest independent electrical maintenance provider in North America, the additional expertise of EHV's personnel is expected to foster growth and integration initiatives significantly.

Phil Petrocelli, the CEO of Shermco Industries, expressed enthusiasm regarding the acquisition: “EHV has built a strong reputation through its commitment to safety, quality, and responsive service. The EHV team is known for technical excellence and trusted partnerships with mission-critical facilities across its region.” He further emphasized the company’s commitment to diversifying its customer base and enhancing service delivery through local expertise.

Strategic Importance in the Electrical Services Marketplace

With the ever-growing demands for electrical services across various sectors, Shermco’s acquisition of Eastern High Voltage comes at a crucial time. The partnership not only expands Shermco’s suite of services but also enhances its ability to provide integrated solutions tailored to meet client needs more effectively.

By pooling resources and strengths, Shermco aims to deliver deeper technical capabilities, broaden geographic outreach, and ultimately provide valuable services for clients, particularly within the commercial and industrial markets.

The benefits are expected to resonate with existing EHV clients as they gain access to Shermco's extensive resources and industry expertise, setting the stage for enhanced service delivery and outstanding client satisfaction.

About Shermco Industries

Founded in 1980, Shermco Industries is a leader in the electrical services industry. The company provides a variety of services including electrical testing, engineering, maintenance, and repair to a wide array of sectors including utilities, industrial operations, and energy providers. With more than 40 locations across North America, Shermco prides itself on serving a diverse clientele with the utmost professionalism and expertise.

Future Outlook

As Shermco integrates the operations of EHV, the focus will remain on safety and quality of service while optimizing the operational capabilities between both firms. This acquisition is seen not only as a means to increase market share but also as a commitment to ongoing growth and service improvement for the electrical service sector. As both companies work together, they are poised to set new standards of excellence in the industry.

This acquisition, backed by Gryphon Investors, represents a bold stride forward, aiming to re-emphasize Shermco's commitment to being at the forefront of the electrical services industry while ensuring client satisfaction and trust.

For updates on Shermco and its future endeavors, stay tuned as they embark on this new chapter, aligning their vision of excellence with strategic growth.