Gryphon Investors Completes $1.6 Billion Sale of Shermco to Blackstone
Gryphon Investors (“Gryphon”), a leading middle-market private investment firm, announced today that it has completed the sale of its portfolio company Shermco (“the Company”), a leader in electrical testing, engineering, maintenance and repair, to private equity funds affiliated with Blackstone (NYSE: BX).The transaction, valued at approximately $1.6 billion, was previously announced onAugust 21, 2025. Founded […]