Financial Transactions, Acquisition Finance, and Private Equity Investments + Buyouts
MoFo News Item
Morrison & Foerster advised Gryphon Investors, a San Francisco-based private equity firm, in obtaining financing to support the acquisition of Shermco Industries, the leading independent provider of electrical testing, maintenance, and repair services in North America, from funds managed by Oaktree Capital Management, L.P. The transaction was announced on June 5, 2018.
Shermco, founded in 1974 and headquartered in Irving, Texas, provides electrical testing, maintenance, commissioning, and repair services to a wide range of utility, industrial, energy, and other end markets. With more than 20 locations, 400 InterNational Electrical Testing Association technicians and 90 utility protection & control technicians, Shermco serves a diversified blue-chip customer base throughout North America.
The MoFo team was led by Finance partner Darío Avram.
©1996-2018 Morrison & Foerster LLP. All rights reserved.