Hitachi Energy Acquires Minority Stake in Shermco in Partnership with Blackstone

October 29, 2025

Hitachi Energy has acquired a minority stake in Shermco, a leading North American electrical services provider, in partnership with Blackstone Energy Transition Partners. The strategic investment aims to expand Hitachi Energy's service capabilities across North America, accelerate Shermco's growth, and develop new digital service offerings to improve grid reliability and asset lifecycle management.

Buyers
Hitachi Energy, Blackstone Energy Transition Partners
Targets
Shermco
Sellers
Private equity funds affiliated with Blackstone
Industry
Energy
Location
Texas, United States
Transaction Type
Growth capital

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