WICHITA FALLS, Texas - Shermco Industries, Inc., a provider of electrical testing, maintenance, and repair services in North America, announced that it has acquired Electrical Manufacturing and Distributors, Inc. (EMD). EMD 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. Based in Wichita Falls, Texas, EMD services customers in the midstream oil and gas market. “EMD’s process control expertise will be a complementary service line to Shermco’s current portfolio of services, which will allow us to better serve our customers as well as offer expanded services to EMD’s customer base.” Shermco CEO Bill Mohl said. “We anticipate continuing our acquisition strategy to expand our presence in new markets and broaden our service offerings.” “Shermco brings a strong book of customers with significant need for our process control solution. We look forward to driving growth together,” said Bruce Parker, the President of EMD. The EMD management team will remain with the Company post-close. Shermco is majority-owned by San Francisco-based Gryphon Investors, a leading middle-market private equity firm. Terms of the transaction were not disclosed.
Wed, 09/04/2019 - 13:57