M&A Deal Summary

Shermco Industries Acquires EMD

On August 27, 2019, Shermco Industries acquired electrical equipment company EMD

Acquisition Highlights
  • This is Shermco Industries’ 4th transaction in the Electrical Equipment sector.
  • This is Shermco Industries’ 4th transaction in the United States.
  • This is Shermco Industries’ 1st transaction in Texas.

M&A Deal Summary
Date 2019-08-27
Target EMD
Sector Electrical Equipment
Buyer(s) Shermco Industries
Deal Type Add-on Acquisition

Target

EMD

Wichita Falls, Texas, United States
EMD, Inc. is a provider of process controls services including automated control systems design, systems integration, electrical engineering, custom programming, and fabrication of power distribution centers, electrical racks, and control panels. EMD, Inc. was founded in 1984 and is based in Wichita Falls, Texas.

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Buyer(S) 1

Buyer

Shermco Industries

Irving, Texas, United States
Category Company
Founded 1974
Sector Business Services
DESCRIPTION

Shermco Industries is a provider of electrical testing, maintenance, commissioning, and repair services to a wide range of utility, industrial, energy, and other end markets. With more than 20 locations, Shermco serves a diversified blue-chip customer base across North America. The Company is an active participant in the InterNational Electrical Testing Association, Electrical Apparatus Service Association, and American Wind Energy Association. Shermco Industries was founded in 1974 and is based in Irving, Texas.

DEAL STATS #
Overall 5 of 12
Sector (Electrical Equipment) 4 of 4
Type (Add-on Acquisition) 5 of 11
State (Texas) 1 of 1
Country (United States) 4 of 9
Year (2019) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-08-05 Southwest Energy Systems

Phoenix, Arizona, United States

Southwest Energy Systems LLC is an independent, third-party electrical testing and engineering company providing testing, analysis, and maintenance for electrical systems. As a NETA Accredited Company, Southwest Energy engineers and technicians are highly competent, experienced, and have broad-based, up-to-date knowledge of all types of electrical equipment in every industry.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-09-10 NextGen Technologies

North Vancouver, British Columbia, Canada

NextGen Technologies Ltd. is an integrated electrical testing services provider that designs, tests, commissions, and maintains and repairs communications and protection and control systems. NextGen also provides turnkey electrical engineering, procurement, and construction solutions for clients across North America, from design through to building, installation, and maintenance.

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