Shermco Industries Acquires Power Quality Engineering (PQE)
January 1, 2026
Shermco Industries, an electrical testing and engineering services provider, acquired Power Quality Engineering (PQE). The deal expands Shermco’s Central Texas presence and strengthens its power systems engineering and NETA field services capabilities, with a focus on accelerating growth in the data center market. Financial terms were not disclosed.
- Buyers
- Shermco Industries
- Targets
- Power Quality Engineering (PQE)
- Industry
- Industrial Services
- Location
- Texas, United States
- Transaction Type
- Addon
Explore More
Related Acquisitions
-
Shermco Industries Acquires Power Test, Inc.
April 2, 2024
Industrial Services
Shermco Industries, a Gryphon Investors–backed electrical services platform headquartered in Irving, Texas, has acquired Power Test, Inc., a NETA‑accredited electrical testing and maintenance firm based in Harrisburg, North Carolina. The acquisition expands Shermco's service footprint and capabilities in the southeastern United States; terms were not disclosed and Power Test's management will join Shermco.
-
Shermco Industries Acquires Power Products and Solutions (PPS)
March 11, 2025
Industrial Services
Shermco Industries has acquired Power Products and Solutions (PPS), a NETA-accredited electrical testing and breaker reconditioning specialist based in Charlotte, North Carolina. The deal (terms undisclosed) doubles Shermco's service capacity in the Charlotte area, expands its technical capabilities — including a PEARL-certified breaker shop — and strengthens the company's position across the Southeast. Shermco is majority-owned by Gryphon Investors.
-
Blackstone Energy Transition Partners Acquires Shermco from Gryphon Investors in $1.6 Billion Deal
October 28, 2025
Industrial Services
Blackstone’s private equity funds, through Blackstone Energy Transition Partners, acquired Shermco from Gryphon Investors in a transaction valued at about $1.6 billion. Shermco is a national provider of electrical testing, maintenance, repair, commissioning, and engineering services supporting data centers, utilities, and industrial customers.
-
Shermco Industries Acquires R3L Engineering
May 20, 2025
Industrial Services
Shermco Industries, a PE-backed electrical testing and power-systems services provider, has acquired R3L Engineering to expand its technical engineering capabilities and strengthen its presence in the Birmingham, Alabama area. The acquisition expands Shermco’s regional workforce and ability to serve industrial and utility customers across Alabama and the Southeastern United States; terms were not disclosed.
-
Qualus Acquires Phoenix Engineering Services, Inc.
November 17, 2021
Utilities
Qualus, LLC, a provider of engineering and technical field services to utilities, acquired Phoenix Engineering Services, Inc., an Atlanta-area engineering and testing firm. The acquisition expands Qualus’s service offerings—adding relay and substation testing, NERC PRC studies, panel building and utility software development—to strengthen capabilities for utility, municipal, commercial and renewable clients.
-
Shermco Industries Acquires KTR Associates
October 15, 2024
Engineering Services
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.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.