M&A Deal Summary

Shermco Industries Acquires Power Products & Solutions

On March 11, 2025, Shermco Industries acquired business services company Power Products & Solutions

Acquisition Highlights
  • This is Shermco Industries’ 4th transaction in the Business Services sector.
  • This is Shermco Industries’ 10th transaction in the United States.
  • This is Shermco Industries’ 2nd transaction in North Carolina.

M&A Deal Summary

Date 2025-03-11
Target Power Products & Solutions
Sector Business Services
Buyer(s) Shermco Industries
Deal Type Add-on Acquisition

Target

Power Products & Solutions

Charlotte, North Carolina, United States
Power Products & Solutions is a NETA-accredited electrical testing and maintenance provider and PEARL-certified breaker reconditioning specialist. PPS was founded in 1985 and is based in Charlotte, North Carolina.

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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 13 of 13
Sector (Business Services) 4 of 4
Type (Add-on Acquisition) 12 of 12
State (North Carolina) 2 of 2
Country (United States) 10 of 10
Year (2025) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-10-15 KTR Associates

Sinking Spring, Pennsylvania, United States

KTR Associates is a power system engineering company providing comprehensive power system consulting services, focusing on high and low-voltage power system engineering studies, NFPA 70E requirements (including arc flash studies), and electrical safety programs & training for numerous customers in PA, NJ, NC, and surrounding areas. KTR Associates is based in Sinking Spring, Pennsylvania.

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