
Blackstone Announces Agreement to Acquire Shermco for Approximately $1.6 Billion
Blackstone Announces Agreement to Acquire Shermco for Approximately $1.6 Billion Aug 21, 2025 10:00 AM Eastern Daylight Time NEW YORK–(BUSINESS WIRE)–Blackstone (NYSE: BX) announced today that private equity funds affiliated with Blackstone (“Blackstone”) have entered into a definitive agreement to acquire Shermco, a leading provider of full life-cycle electrical equipment services, from Gryphon Investors, a […]
