Shermco Industries Acquires KTR Associates
October 15, 2024
Shermco Industries has acquired KTR Associates, a Sinking Spring, Pennsylvania-based power system engineering firm. The acquisition (terms not disclosed) will expand Shermco's geographic footprint and engineering capabilities; KTR's principal owner Joseph Deane and the KTR team will remain with the business. Shermco is majority‑owned by Gryphon Investors.
- Targets
- KTR Associates
- Platforms
- Shermco Industries, Inc.
- Industry
- Engineering Services
- Location
- Pennsylvania, United States
- Transaction Type
- Addon
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