Sherrill, Inc. (Platte River Equity Portfolio Company) Acquires Bishop Company and Sterling Rope Co.
July 16, 2019
Sherrill, Inc., a Platte River Equity portfolio company based in Greensboro, North Carolina, has completed two add-on acquisitions: California-based arborist distributor Bishop Company and Maine-based life-safety rope manufacturer Sterling Rope Company, Inc. Both businesses will continue to operate from their existing locations as Sherrill expands its product offering and distribution capabilities to better serve professional arborists.
- Buyers
- Sherrill, Inc., Platte River Equity
- Targets
- Bishop Company, Sterling Rope Company, Inc.
- Platforms
- Sherrill, Inc.
- Industry
- Industrial Services
- Location
- United States
- Transaction Type
- Addon
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Platte River Equity Acquires Sherrill, Inc.
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Platte River Equity has acquired a controlling interest in Sherrill, Inc., the Greensboro, North Carolina–based distributor and retailer of arborist tools and equipment. Platte River plans to partner with Sherrill's management to expand distribution and digital marketing capabilities; Generation Equity Capital is referenced as the prior partner.
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