Blackstone $1.6B Shermco Buy Signals Major Power Play in Energy Transition

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Legal Firepower Behind the Deal

Blackstone’s legal team was led by Robert Hughes of Vinson & Elkins, supported by a battalion of partners spanning tax, corporate, labor, finance, environmental, real estate, antitrust, and litigation expertise. Meanwhile, Kirkland & Ellis LLP’s team for Shermco and Gryphon was spearheaded by Noah Boyens and Michael Hanna.

The Big Picture

The Blackstone $1.6B Shermco Buy is more than just a private equity transaction—it’s a strategic charge into the electrified future. By backing Shermco’s robust network of engineers and technicians, Blackstone is betting big that reliable, efficient, and resilient electrical infrastructure will define the next era of energy.