Shermco Industries (Gryphon-Backed) Acquires NextGen Technologies
September 10, 2019
Shermco Industries, a Gryphon Investors-backed provider of electrical testing, maintenance, commissioning and repair services, has acquired NextGen Technologies Ltd., an electrical testing and protection-and-control specialist based in North Vancouver, British Columbia. The NextGen management team will remain with Shermco as the company looks to expand its protection and control capabilities and geographic footprint across North America; terms were not disclosed.
- Targets
- NextGen Technologies Ltd.
- Platforms
- Shermco Industries, Inc.
- Industry
- Industrial Services
- Location
- British Columbia, Canada
- Transaction Type
- Addon
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