Shermco Acquires Eastern High Voltage to Expand Northeast Footprint
Deal News | Jun 17, 2025 | Gryphon Investors
Shermco Industries has acquired Eastern High Voltage, Inc. (EHV), a New Jersey-based company renowned for its extensive range of electrical testing services. EHV is accredited by the InterNational Electrical Testing Association (NETA) and provides services such as electrical testing, maintenance, commissioning, infrared scanning, and transformer testing. This acquisition bolsters Shermco's already robust NETA-certified workforce, further solidifying its position as North America's largest independent electrical testing and maintenance entity. EHV’s experienced management and technical team are expected to enhance Shermco's regional leadership, facilitating integration and growth. Shermco, supported by Gryphon Investors, seeks to expand its capabilities and reach by leveraging EHV's strengths, thereby offering a more comprehensive array of services and solutions to its broad customer base.
Sectors
- Electrical Testing and Maintenance
- Private Equity
Geography
- United States – Both Shermco Industries and Eastern High Voltage, as well as the private equity firm Gryphon Investors, are based in the United States.
- Northeast United States – This region is significant due to Shermco's strategic expansion through the acquisition of EHV, which is based in New Jersey.
Industry
- Electrical Testing and Maintenance – The acquisition involves companies providing electrical testing, maintenance, engineering, and repair services.
- Private Equity – Gryphon Investors, a private equity firm, is the majority owner of Shermco Industries and provides financial backing for the acquisition.
Financials
- Not disclosed – The financial terms of the acquisition of Eastern High Voltage by Shermco were not disclosed.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Shermco Industries | Acquirer | Company | A leading provider of electrical testing, engineering, maintenance, and repair services, expanding its footprint and capabilities. |
| Eastern High Voltage, Inc. | Target | Company | A New Jersey-based company, known for its strong technical skills in electrical testing services, now acquired by Shermco. |
| Gryphon Investors | Private Equity Firm | Company | A San Francisco-based private equity firm with a stake in Shermco Industries, specializing in growth investment of middle-market companies. |
| Phil Petrocelli | CEO of Shermco Industries | People | Phil Petrocelli leads Shermco and discusses the strategic importance of the acquisition in extending Shermco's capabilities. |